AI on big field data helps make hydraulic fracturing more economically viable

Researchers from Skoltech and Gazpromneft-STC have patented a technique that uses machine learning to get the most out of hydraulic fracturing, a technology employed by oil and gas companies to maximize well production. Based on the intelligent analysis of meticulously collected data on thousands of wells, artificial intelligence makes custom predictions as to what the optimal fracturing parameters for any given well are. Registered by the Russian Federal Service for Intellectual Property, the invention had previously been presented in a January study and one earlier paper in the Journal of Petroleum Science and Engineering.

from Energy & Green Tech News - Energy Sciences News, Green Tech, Energy, Energy Science https://ift.tt/m5vCEXD

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