All Days 2016
DOI: 10.2118/181080-ms
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Leveraging Data-driven Exception Based Surveillance to Maximize Returns in Times of Low Oil Prices

Abstract: With current economic realities, now is the time to produce "more with less". Exception Based Surveillance (EBS) helps eliminate waste in an engineer's day, by removing unnecessary analysis and allowing the engineer to focus on the highest value tasks. For the surveillance of oil wells, an efficient and effective way to achieve this is to use an automated Exception Based Surveillance System, often augmented by data-driven well rate estimates. Specifically, this paper provides examples from Shell operations in … Show more

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Cited by 6 publications
(1 citation statement)
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“…As discussed above, MBE operates based anomaly detection procedure. Lazarevic et al categorized anomaly detection methods into two approaches, namely supervised and unsupervised approaches (7). Supervised approach carries out anomaly detection based on labeled data set.…”
Section: Anomaly Detectionmentioning
confidence: 99%
“…As discussed above, MBE operates based anomaly detection procedure. Lazarevic et al categorized anomaly detection methods into two approaches, namely supervised and unsupervised approaches (7). Supervised approach carries out anomaly detection based on labeled data set.…”
Section: Anomaly Detectionmentioning
confidence: 99%