Day 3 Thu, October 31, 2019 2019
DOI: 10.4043/29861-ms
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Forecasting Smart Well Production via Deep Learning and Data Driven Optimization

Abstract: As smart well technology is increasingly being adopted in oilfield development projects, the need to optimize controls emerged in order to justify its higher initial investment by considerably increasing net present value. While there are numerous methodologies to achieve this goal, a common fact in all is the need for a great number of computationally expensive reservoir simulations, hindering extensive optimizations. This paper proposes the use of deep learning algorithms in proxy models, in order to accurat… Show more

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Cited by 6 publications
(3 citation statements)
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References 10 publications
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“…Calvette et al [18] used a Long Short-Term Memory (LSTM) neural network to build a proxy to forecast smart wells production, taking advantage of a large amount of data available in smart oilfields to minimize the use of computationally expensive simulations. It was tested in a simple synthetic box reservoir and a modified version of the PUNQ-S3 reservoir, achieving low errors in both cases.…”
Section: ) Proactive Controlmentioning
confidence: 99%
See 1 more Smart Citation
“…Calvette et al [18] used a Long Short-Term Memory (LSTM) neural network to build a proxy to forecast smart wells production, taking advantage of a large amount of data available in smart oilfields to minimize the use of computationally expensive simulations. It was tested in a simple synthetic box reservoir and a modified version of the PUNQ-S3 reservoir, achieving low errors in both cases.…”
Section: ) Proactive Controlmentioning
confidence: 99%
“…In recent studies of ICV [10], [17], [18], [19], methodologies for optimal valves placement joint with ICV optimization were created, presenting a greater potential for actuation. Those approaches reduced the search space of the optimized solution by focusing the control valve in previously determined valve positions, which results in a guaranteed converge of the methodology but not necessarily an optimal global result.…”
Section: Introductionmentioning
confidence: 99%
“…Abdullayeva et al [38] established a hybrid model based on the integration of a Convolutional Neural Network (CNN) and LSTM networks, called CNN-LSTM, to forecast the oil production accurately. Calvette et al [39] implemented a deep learning algorithm in a proxy model to precisely duplicate the simulator by predicting the history data of production. Fan et al [1] proposed a hybrid model by incorporating the ARIMA model and LSTM to consider the impact of manual operation and assess the benefit of linearity and nonlinearity.…”
Section: Related Workmentioning
confidence: 99%