2020
DOI: 10.1002/ente.202000749
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Identifying Applications of Machine Learning and Data Analytics Based Approaches for Optimization of Upstream Petroleum Operations

Abstract: In the mid-19th century, the first oil well was drilled, which marked the beginning of the world oil economy. This era embarked on the phase of evolution and development of society in every aspect, with huge dependence on petroleum products, which subsequently led to tremendous growth in terms of technological advancements in the exploration and production activities over time. With the existing petroleum fields approaching toward depletion, the global need for energy resources is increasing simultaneously. Th… Show more

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Cited by 29 publications
(3 citation statements)
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“…In recent years, the digital transformation and the availability of a large amount of data have favored the adoption of data analytic tools in the oil and gas industry [2]. For example, [3] highlights the advantages of employing data-driven methods to detect and prevent undesired operational conditions in an oil and gas producing facility.…”
Section: Related Workmentioning
confidence: 99%
“…In recent years, the digital transformation and the availability of a large amount of data have favored the adoption of data analytic tools in the oil and gas industry [2]. For example, [3] highlights the advantages of employing data-driven methods to detect and prevent undesired operational conditions in an oil and gas producing facility.…”
Section: Related Workmentioning
confidence: 99%
“…This involves an iterative process of data collection, analysis, and strategy refinement across all phases of reservoir development [38]. Emerging technologies like machine learning and data analytics are increasingly being employed to analyze real-time production data [39][40][41], thereby identifying bottlenecks and suggesting optimization strategies.…”
Section: Introductionmentioning
confidence: 99%
“…Significant progress has been made in this area, and there have been a number of reviews. Existing reviews in the field of machine learning in the oil and gas industry tend to offer a broad, high-level perspective [2]- [5], there is room for further exploration to delve into the intricate challenges and nuances specific to the exploration stage in this complex sector. Some of these challenges encompass the inherent uncertainties in various subsurface exploration parameters, scale discrepancies and the complexities related to handling temporal and spatial data in exploration processes.…”
Section: Introductionmentioning
confidence: 99%