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Using Machine Learning Techniques for Enhancing Production Forecast in North Malay Basin

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Proceedings of the International Field Exploration and Development Conference 2020 (IFEDC 2020)

Part of the book series: Springer Series in Geomechanics and Geoengineering ((SSGG))

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Abstract

The geological environment in the Gulf of Thailand GOT is very complicated, with thousands of small discontinuous reservoirs, in part due to a high density of faults. With this geological characteristic, hundreds of required slim-hole wells will be planned and drilled annually to ensure enough capacity to meet gas demand in gas sale agreement. Hence, production forecast plays key role to deal with drilling schedule and operations planning and installing surface facilities. An accuracy degree of production forecast is required highly which based on production data from existing produced wells and future produced wells.

In recent years, machine learning techniques have been widely applied to the oil and gas industry, in this case, the Gulf of Thailand. Machine learning methods of Support Vector Regression and K-Means Clustering have been applied effectively for removing outliers or noisy data. By using a huge dataset of production data from thousands of wells in this area, a solution can be rapidly made to automatically eliminate unreliable data in given historical data from existing produced wells.

In brief, this study provides an automated approach to apply machine learning algorithms to assist technical teams in improving the quality of data in production data analysis, with the aim of enhancing reliable production forecast, optimizing drilling schedule and saving operating costs.

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Abbreviations

DCA:

:Decline Curve Analysis

SVR:

:Support Vector Regression

GOT:

:Gulf of Thailand

WHP:

:Well head platform

ML:

:Machine Learning

VBA:

:Visual Basic Application

References

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Correspondence to Minh Van Vo .

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Doan, T.(., Van Vo, M. (2021). Using Machine Learning Techniques for Enhancing Production Forecast in North Malay Basin. In: Lin, J. (eds) Proceedings of the International Field Exploration and Development Conference 2020. IFEDC 2020. Springer Series in Geomechanics and Geoengineering. Springer, Singapore. https://doi.org/10.1007/978-981-16-0761-5_11

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  • DOI: https://doi.org/10.1007/978-981-16-0761-5_11

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  • Publisher Name: Springer, Singapore

  • Print ISBN: 978-981-16-0762-2

  • Online ISBN: 978-981-16-0761-5

  • eBook Packages: EngineeringEngineering (R0)

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