oil production
Generative AI-driven forecasting of oil production
Gandhi, Yash, Zheng, Kexin, Jha, Birendra, Nomura, Ken-ichi, Nakano, Aiichiro, Vashishta, Priya, Kalia, Rajiv K.
Forecasting oil production from oilfields with multiple wells is an important problem in petroleum and geothermal energy extraction, as well as energy storage technologies. The accuracy of oil forecasts is a critical determinant of economic projections, hydrocarbon reserves estimation, construction of fluid processing facilities, and energy price fluctuations. Leveraging generative AI techniques, we model time series forecasting of oil and water productions across four multi-well sites spanning four decades. Our goal is to effectively model uncertainties and make precise forecasts to inform decision-making processes at the field scale. We utilize an autoregressive model known as TimeGrad and a variant of a transformer architecture named Informer, tailored specifically for forecasting long sequence time series data. Predictions from both TimeGrad and Informer closely align with the ground truth data. The overall performance of the Informer stands out, demonstrating greater efficiency compared to TimeGrad in forecasting oil production rates across all sites.
- Energy > Oil & Gas > Upstream (1.00)
- Government > Regional Government > North America Government > United States Government (0.46)
Domain Adaptation for Industrial Time-series Forecasting via Counterfactual Inference
Min, Chao, Wen, Guoquan, Yuan, Jiangru, Yi, Jun, Guo, Xing
Industrial time-series, as a structural data responds to production process information, can be utilized to perform data-driven decision-making for effective monitoring of industrial production process. However, there are some challenges for time-series forecasting in industry, e.g., predicting few-shot caused by data shortage, and decision-confusing caused by unknown treatment policy. To cope with the problems, we propose a novel causal domain adaptation framework, Causal Domain Adaptation (CDA) forecaster to improve the performance on the interested domain with limited data (target). Firstly, we analyze the causality existing along with treatments, and thus ensure the shared causality over time. Subsequently, we propose an answer-based attention mechanism to achieve domain-invariant representation by the shared causality in both domains. Then, a novel domain-adaptation is built to model treatments and outcomes jointly training on source and target domain. The main insights are that our designed answer-based attention mechanism allows the target domain to leverage the existed causality in source time-series even with different treatments, and our forecaster can predict the counterfactual outcome of industrial time-series, meaning a guidance in production process. Compared with commonly baselines, our method on real-world and synthetic oilfield datasets demonstrates the effectiveness in across-domain prediction and the practicality in guiding production process
Advanced Deep Regression Models for Forecasting Time Series Oil Production
Hosseini, Siavash, Akilan, Thangarajah
Global oil demand is rapidly increasing and is expected to reach 106.3 million barrels per day by 2040. Thus, it is vital for hydrocarbon extraction industries to forecast their production to optimize their operations and avoid losses. Big companies have realized that exploiting the power of deep learning (DL) and the massive amount of data from various oil wells for this purpose can save a lot of operational costs and reduce unwanted environmental impacts. In this direction, researchers have proposed models using conventional machine learning (ML) techniques for oil production forecasting. However, these techniques are inappropriate for this problem as they can not capture historical patterns found in time series data, resulting in inaccurate predictions. This research aims to overcome these issues by developing advanced data-driven regression models using sequential convolutions and long short-term memory (LSTM) units. Exhaustive analyses are conducted to select the optimal sequence length, model hyperparameters, and cross-well dataset formation to build highly generalized robust models. A comprehensive experimental study on Volve oilfield data validates the proposed models. It reveals that the LSTM-based sequence learning model can predict oil production better than the 1-D convolutional neural network (CNN) with mean absolute error (MAE) and R2 score of 111.16 and 0.98, respectively. It is also found that the LSTM-based model performs better than all the existing state-of-the-art solutions and achieves a 37% improvement compared to a standard linear regression, which is considered the baseline model in this work.
- Europe > Norway > North Sea > Central North Sea (0.49)
- Asia > Middle East (0.14)
Machine Learning and the Internet of Things Enable Steam Flood Optimization for Improved Oil Production
Yan, Mi, MacDonald, Jonathan C., Reaume, Chris T., Cobb, Wesley, Toth, Tamas, Karthigan, Sarah S.
Recently developed machine learning techniques, in association with the Internet of Things (IoT) allow for the implementation of a method of increasing oil production from heavy-oil wells. Steam flood injection, a widely used enhanced oil recovery technique, uses thermal and gravitational potential to mobilize and dilute heavy oil in situ to increase oil production. In contrast to traditional steam flood simulations based on principles of classic physics, we introduce here an approach using cutting-edge machine learning techniques that have the potential to provide a better way to describe the performance of steam flood. We propose a workflow to address a category of time-series data that can be analyzed with supervised machine learning algorithms and IoT. We demonstrate the effectiveness of the technique for forecasting oil production in steam flood scenarios. Moreover, we build an optimization system that recommends an optimal steam allocation plan, and show that it leads to a 3% improvement in oil production. We develop a minimum viable product on a cloud platform that can implement real-time data collection, transfer, and storage, as well as the training and implementation of a cloud-based machine learning model. This workflow also offers an applicable solution to other problems with similar time-series data structures, like predictive maintenance.
- Workflow (0.55)
- Research Report (0.50)
Fuzzy quantification for linguistic data analysis and data mining
Díaz-Hermida, F., Vidal, Juan. C.
Fuzzy quantification is a subtopic of fuzzy logic which deals with the modelling of the quantified expressions we can find in natural language. Fuzzy quantifiers have been successfully applied in several fields like fuzzy, control, fuzzy databases, information retrieval, natural language generation, etc. Their ability to model and evaluate linguistic expressions in a mathematical way, makes fuzzy quantifiers very powerful for data analytics and data mining applications. In this paper we will give a general overview of the main applications of fuzzy quantifiers in this field as well as some ideas to use them in new application contexts.
- South America > Chile > Santiago Metropolitan Region > Santiago Province > Santiago (0.04)
- Europe > Spain > Galicia > A Coruña Province > Santiago de Compostela (0.04)
- Europe > Italy > Umbria > Perugia Province > Perugia (0.04)