Mohamed
04-01-2020, 11:04 PM
By Eng.KC Cheung
Accurate Modelling
Accurate Modelling - Machine Learning in Oil & Gas Industry
One of the most noticeable impacts of machine learning in oil & gas focused industries is how it transforms discovery processes.
Applications employing machine learning in oil & gas enable computers to quickly and accurately analyse huge amounts of data.
This includes being able to sift precisely through signals and noise in seismic data.
After this information has been gathered and analysed modern software applications can construct accurate geological models.
This allows operatives to predict, accurately, what is beneath the surface before drilling has begun.
It is believed that, if adopted over the entire industry, this will decrease the number of dry wellheads by 10%.
MORE – Essential Enterprise AI Companies Landscape
Current Applications in Modelling
One current application of machine learning in oil & gas can be seen in the Dutch Central Graben in the North Sea.
By using machine learning in oil & gas in this manner has allowed engineers to auto-track a Jurassic seismic horizon.
This has been done with only a few manual seed points.
The latest generations of algorithms are producing more detailed and accurate results than any previous modeling.
These algorithms also don’t lose their accuracy when asked to analyse difficult terrain.
Faults or stratigraphically complex areas can be accurately mapped in detail.
There is always a need for the models to be checked.
However, so far, this application is proving itself to be quicker and just as accurate as a human model
Accurate Modelling
Accurate Modelling - Machine Learning in Oil & Gas Industry
One of the most noticeable impacts of machine learning in oil & gas focused industries is how it transforms discovery processes.
Applications employing machine learning in oil & gas enable computers to quickly and accurately analyse huge amounts of data.
This includes being able to sift precisely through signals and noise in seismic data.
After this information has been gathered and analysed modern software applications can construct accurate geological models.
This allows operatives to predict, accurately, what is beneath the surface before drilling has begun.
It is believed that, if adopted over the entire industry, this will decrease the number of dry wellheads by 10%.
MORE – Essential Enterprise AI Companies Landscape
Current Applications in Modelling
One current application of machine learning in oil & gas can be seen in the Dutch Central Graben in the North Sea.
By using machine learning in oil & gas in this manner has allowed engineers to auto-track a Jurassic seismic horizon.
This has been done with only a few manual seed points.
The latest generations of algorithms are producing more detailed and accurate results than any previous modeling.
These algorithms also don’t lose their accuracy when asked to analyse difficult terrain.
Faults or stratigraphically complex areas can be accurately mapped in detail.
There is always a need for the models to be checked.
However, so far, this application is proving itself to be quicker and just as accurate as a human model