| Paper No. 120-0 | ||
| ARTIFICIAL INTELLIGENCE TO REDUCE THE RISK OF OIL EXPLORATION AND PRODUCTION | ||
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WEISS, William W.1, BROADHEAD, Ronald F.2, BALCH, Robert S.1, WO, Shaochang3, and RUAN, Tongjun1, (1) Petroleum Recovery Research Center, New Mexico Tech, NM Tech Campus, Socorro, NM 87801, weiss@prrc.nmt.edu, (2) New Mexico Bureau of Mines, New Mexico Tech, New Mexico Tech Campus, Socorro, NM 87801, (3) Algorithm Development, Lasso Innovations, 301 N. Market St, Dallas, TX 75201 The patterns that are evident in geophysical logs or 3D seismic surfaces are fuzzy sets. A ranking technique based on fuzzy logic is applied to prioritize the relationship between fuzzy sets and oil production. Neural networks are used to correlate the most important information with known oil production, thereby establishing rules. The rules are used to interpolate or extrapolate to un-drilled areas. Fuzzy ranking is defined and examples include:
Development of neural network architectures based on training and testing is presented. Two examples are presented to exhibit the value of neural network rules:
The BVO-from-logs rule developed from a single well was used to predict BVO-logs for an additional 34 wells; the statistics from the resulting 34 BVO logs correlated favorably with each well’s first year production, thus providing an estimate of the risk associated with completing the wells. References can be found at http://baervan.nmt.edu/REACT/reacthomepage.htm | ||
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GSA Annual Meeting, November 5-8, 2001
General Information for this Meeting | ||
| Session No. 120 Nothing Ventured, Nothing Gained: Geology and Risk Assessment in the 21st Century Hynes Convention Center: 310 8:00 AM-12:00 PM, Wednesday, November 7, 2001 | ||
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