PREDICTING INITIAL PRODUCTION RATE USING MACHINE LEARNING (K-NEAREST NEIGHBOR)

Predicting the initial production rate is an intrinsic part of project forecasting, which influences the economic viability of the opportunity and the producing life subsequent facilities. However, predicting the accurate result of the initial production rate is facing a challenge as the function in...

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Main Author: Andriani, Safira
Format: Final Project
Language:Indonesia
Online Access:https://digilib.itb.ac.id/gdl/view/40040
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Institution: Institut Teknologi Bandung
Language: Indonesia
id id-itb.:40040
spelling id-itb.:400402019-06-28T16:00:09ZPREDICTING INITIAL PRODUCTION RATE USING MACHINE LEARNING (K-NEAREST NEIGHBOR) Andriani, Safira Indonesia Final Project initial production rate, K-Nearest Neighbor, training data, prediction phase. INSTITUT TEKNOLOGI BANDUNG https://digilib.itb.ac.id/gdl/view/40040 Predicting the initial production rate is an intrinsic part of project forecasting, which influences the economic viability of the opportunity and the producing life subsequent facilities. However, predicting the accurate result of the initial production rate is facing a challenge as the function in determining it involves calculations which require a full feature data that is commonly not available during the early stage. As a result, it is not possible to find the exact prediction result of initial production rate. A practical alternative is the use of machine learning that is ideal for repetitive calculations and does not require the availability of full-featured data. In this paper, K-nearest Neighbor (KNN) calculation is used as the machine learning method to predict initial oil production rate. This method calculates the distance or delta between the training data and parameters of interest and search for the K-nearest value. The approach involves gathering several input data, which are net pay, porosity, permeability, water saturation, and initial production rate as the training set. During this stage, the K value will be determined and will be used for further prediction in the prediction phase. By using Euclidian equation for calculating distance and integrating those data in a simple KNN model calculator, this method aims to give better result in predicting initial oil production rate compared to a deterministic approach where minimum data is available. Most of the principles here apply to fields outside this area and can also be adapted to predict other value related in the oil and gas industry where the result follows a particular pattern. It is concluded that this method is promising for further use. However, a further study is needed using various field data to ensure this method is reliable for any reservoir and input data. text
institution Institut Teknologi Bandung
building Institut Teknologi Bandung Library
continent Asia
country Indonesia
Indonesia
content_provider Institut Teknologi Bandung
collection Digital ITB
language Indonesia
description Predicting the initial production rate is an intrinsic part of project forecasting, which influences the economic viability of the opportunity and the producing life subsequent facilities. However, predicting the accurate result of the initial production rate is facing a challenge as the function in determining it involves calculations which require a full feature data that is commonly not available during the early stage. As a result, it is not possible to find the exact prediction result of initial production rate. A practical alternative is the use of machine learning that is ideal for repetitive calculations and does not require the availability of full-featured data. In this paper, K-nearest Neighbor (KNN) calculation is used as the machine learning method to predict initial oil production rate. This method calculates the distance or delta between the training data and parameters of interest and search for the K-nearest value. The approach involves gathering several input data, which are net pay, porosity, permeability, water saturation, and initial production rate as the training set. During this stage, the K value will be determined and will be used for further prediction in the prediction phase. By using Euclidian equation for calculating distance and integrating those data in a simple KNN model calculator, this method aims to give better result in predicting initial oil production rate compared to a deterministic approach where minimum data is available. Most of the principles here apply to fields outside this area and can also be adapted to predict other value related in the oil and gas industry where the result follows a particular pattern. It is concluded that this method is promising for further use. However, a further study is needed using various field data to ensure this method is reliable for any reservoir and input data.
format Final Project
author Andriani, Safira
spellingShingle Andriani, Safira
PREDICTING INITIAL PRODUCTION RATE USING MACHINE LEARNING (K-NEAREST NEIGHBOR)
author_facet Andriani, Safira
author_sort Andriani, Safira
title PREDICTING INITIAL PRODUCTION RATE USING MACHINE LEARNING (K-NEAREST NEIGHBOR)
title_short PREDICTING INITIAL PRODUCTION RATE USING MACHINE LEARNING (K-NEAREST NEIGHBOR)
title_full PREDICTING INITIAL PRODUCTION RATE USING MACHINE LEARNING (K-NEAREST NEIGHBOR)
title_fullStr PREDICTING INITIAL PRODUCTION RATE USING MACHINE LEARNING (K-NEAREST NEIGHBOR)
title_full_unstemmed PREDICTING INITIAL PRODUCTION RATE USING MACHINE LEARNING (K-NEAREST NEIGHBOR)
title_sort predicting initial production rate using machine learning (k-nearest neighbor)
url https://digilib.itb.ac.id/gdl/view/40040
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