Approximate Bayesian Computation For Probabilistic Decline Curve Analysis In Unconventional Reservoirs

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Improved Reservoir Models and Production Forecasting Techniques for Multi-Stage Fractured Hydrocarbon Wells

Author : Ruud Weijermars
Publisher : MDPI
ISBN 13 : 3039218921
Total Pages : 238 pages
Book Rating : 4.0/5 (392 download)

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Book Synopsis Improved Reservoir Models and Production Forecasting Techniques for Multi-Stage Fractured Hydrocarbon Wells by : Ruud Weijermars

Download or read book Improved Reservoir Models and Production Forecasting Techniques for Multi-Stage Fractured Hydrocarbon Wells written by Ruud Weijermars and published by MDPI. This book was released on 2019-12-12 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt: The massive increase in energy demand and the related rapid development of unconventional reservoirs has opened up exciting new energy supply opportunities along with new, seemingly intractable engineering and research challenges. The energy industry has primarily depended on a heuristic approach—rather than a systematic approach—to optimize and tackle the various challenges when developing new and improving the performance of existing unconventional reservoirs. Industry needs accurate estimations of well production performance and of the cumulative estimated ultimate reserves, accounting for uncertainty. This Special Issue presents 10 original and high-quality research articles related to the modeling of unconventional reservoirs, which showcase advanced methods for fractured reservoir simulation, and improved production forecasting techniques.

Data Analytics in Reservoir Engineering

Author : Sathish Sankaran
Publisher :
ISBN 13 : 9781613998205
Total Pages : 108 pages
Book Rating : 4.9/5 (982 download)

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Book Synopsis Data Analytics in Reservoir Engineering by : Sathish Sankaran

Download or read book Data Analytics in Reservoir Engineering written by Sathish Sankaran and published by . This book was released on 2020-10-29 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt: Data Analytics in Reservoir Engineering describes the relevance of data analytics for the oil and gas industry, with particular emphasis on reservoir engineering.

Reservoir Characterization

Author : Larry Lake
Publisher : Elsevier
ISBN 13 : 0323143512
Total Pages : 680 pages
Book Rating : 4.3/5 (231 download)

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Book Synopsis Reservoir Characterization by : Larry Lake

Download or read book Reservoir Characterization written by Larry Lake and published by Elsevier. This book was released on 2012-12-02 with total page 680 pages. Available in PDF, EPUB and Kindle. Book excerpt: Reservoir Characterization is a collection of papers presented at the Reservoir Characterization Technical Conference, held at the Westin Hotel-Galleria in Dallas on April 29-May 1, 1985. Conference held April 29-May 1, 1985, at the Westin Hotel—Galleria in Dallas. The conference was sponsored by the National Institute for Petroleum and Energy Research, Bartlesville, Oklahoma. Reservoir characterization is a process for quantitatively assigning reservoir properties, recognizing geologic information and uncertainties in spatial variability. This book contains 19 chapters, and begins with the geological characterization of sandstone reservoir, followed by the geological prediction of shale distribution within the Prudhoe Bay field. The subsequent chapters are devoted to determination of reservoir properties, such as porosity, mineral occurrence, and permeability variation estimation. The discussion then shifts to the utility of a Bayesian-type formalism to delineate qualitative ""soft"" information and expert interpretation of reservoir description data. This topic is followed by papers concerning reservoir simulation, parameter assignment, and method of calculation of wetting phase relative permeability. This text also deals with the role of discontinuous vertical flow barriers in reservoir engineering. The last chapters focus on the effect of reservoir heterogeneity on oil reservoir. Petroleum engineers, scientists, and researchers will find this book of great value.

Statistical Rethinking

Author : Richard McElreath
Publisher : CRC Press
ISBN 13 : 1315362619
Total Pages : 488 pages
Book Rating : 4.3/5 (153 download)

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Book Synopsis Statistical Rethinking by : Richard McElreath

Download or read book Statistical Rethinking written by Richard McElreath and published by CRC Press. This book was released on 2018-01-03 with total page 488 pages. Available in PDF, EPUB and Kindle. Book excerpt: Statistical Rethinking: A Bayesian Course with Examples in R and Stan builds readers’ knowledge of and confidence in statistical modeling. Reflecting the need for even minor programming in today’s model-based statistics, the book pushes readers to perform step-by-step calculations that are usually automated. This unique computational approach ensures that readers understand enough of the details to make reasonable choices and interpretations in their own modeling work. The text presents generalized linear multilevel models from a Bayesian perspective, relying on a simple logical interpretation of Bayesian probability and maximum entropy. It covers from the basics of regression to multilevel models. The author also discusses measurement error, missing data, and Gaussian process models for spatial and network autocorrelation. By using complete R code examples throughout, this book provides a practical foundation for performing statistical inference. Designed for both PhD students and seasoned professionals in the natural and social sciences, it prepares them for more advanced or specialized statistical modeling. Web Resource The book is accompanied by an R package (rethinking) that is available on the author’s website and GitHub. The two core functions (map and map2stan) of this package allow a variety of statistical models to be constructed from standard model formulas.

Bayesian Networks

Author : Olivier Pourret
Publisher : John Wiley & Sons
ISBN 13 : 9780470994542
Total Pages : 446 pages
Book Rating : 4.9/5 (945 download)

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Book Synopsis Bayesian Networks by : Olivier Pourret

Download or read book Bayesian Networks written by Olivier Pourret and published by John Wiley & Sons. This book was released on 2008-04-30 with total page 446 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bayesian Networks, the result of the convergence of artificial intelligence with statistics, are growing in popularity. Their versatility and modelling power is now employed across a variety of fields for the purposes of analysis, simulation, prediction and diagnosis. This book provides a general introduction to Bayesian networks, defining and illustrating the basic concepts with pedagogical examples and twenty real-life case studies drawn from a range of fields including medicine, computing, natural sciences and engineering. Designed to help analysts, engineers, scientists and professionals taking part in complex decision processes to successfully implement Bayesian networks, this book equips readers with proven methods to generate, calibrate, evaluate and validate Bayesian networks. The book: Provides the tools to overcome common practical challenges such as the treatment of missing input data, interaction with experts and decision makers, determination of the optimal granularity and size of the model. Highlights the strengths of Bayesian networks whilst also presenting a discussion of their limitations. Compares Bayesian networks with other modelling techniques such as neural networks, fuzzy logic and fault trees. Describes, for ease of comparison, the main features of the major Bayesian network software packages: Netica, Hugin, Elvira and Discoverer, from the point of view of the user. Offers a historical perspective on the subject and analyses future directions for research. Written by leading experts with practical experience of applying Bayesian networks in finance, banking, medicine, robotics, civil engineering, geology, geography, genetics, forensic science, ecology, and industry, the book has much to offer both practitioners and researchers involved in statistical analysis or modelling in any of these fields.

Advanced Production Decline Analysis and Application

Author : Hedong Sun
Publisher : Gulf Professional Publishing
ISBN 13 : 0128026278
Total Pages : 352 pages
Book Rating : 4.1/5 (28 download)

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Book Synopsis Advanced Production Decline Analysis and Application by : Hedong Sun

Download or read book Advanced Production Decline Analysis and Application written by Hedong Sun and published by Gulf Professional Publishing. This book was released on 2015-02-12 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent years, production decline-curve analysis has become the most widely used tool in the industry for oil and gas reservoir production analysis. However, most curve analysis is done by computer today, promoting a "black-box" approach to engineering and leaving engineers with little background in the fundamentals of decline analysis. Advanced Production Decline Analysis and Application starts from the basic concept of advanced production decline analysis, and thoroughly discusses several decline methods, such as Arps, Fetkovich, Blasingame, Agarwal-Gardner, NPI, transient, long linear flow, and FMB. A practical systematic introduction to each method helps the reservoir engineer understand the physical and mathematical models, solve the type curves and match up analysis, analyze the processes and examples, and reconstruct all the examples by hand, giving way to master the fundamentals behind the software. An appendix explains the nomenclature and major equations, and as an added bonus, online computer programs are available for download. - Understand the most comprehensive and current list of decline methods, including Arps, Fetkovich, Blasingame, and Agarwal-Gardner - Gain expert knowledge with principles, processes, real-world cases and field examples - Includes online downloadable computer programs on Blasingame decline type curves and normalized pseudo-pressure of gas wells

Proceedings of the International Petroleum and Petrochemical Technology Conference 2019

Author : Jia'en Lin
Publisher : Springer Nature
ISBN 13 : 9811508607
Total Pages : 501 pages
Book Rating : 4.8/5 (115 download)

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Book Synopsis Proceedings of the International Petroleum and Petrochemical Technology Conference 2019 by : Jia'en Lin

Download or read book Proceedings of the International Petroleum and Petrochemical Technology Conference 2019 written by Jia'en Lin and published by Springer Nature. This book was released on 2019-12-16 with total page 501 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a compilation of selected papers from the 3rd International Petroleum and Petrochemical Technology Conference (IPPTC 2019). The work focuses on petroleum & petrochemical technologies and practical challenges in the field. It creates a platform to bridge the knowledge gap between China and the world. The conference not only provides a platform to exchanges experience but also promotes the development of scientific research in petroleum & petrochemical technologies. The book will benefit a broad readership, including industry experts, researchers, educators, senior engineers and managers.

Interpretable Machine Learning

Author : Christoph Molnar
Publisher : Lulu.com
ISBN 13 : 0244768528
Total Pages : 320 pages
Book Rating : 4.2/5 (447 download)

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Book Synopsis Interpretable Machine Learning by : Christoph Molnar

Download or read book Interpretable Machine Learning written by Christoph Molnar and published by Lulu.com. This book was released on 2020 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is about making machine learning models and their decisions interpretable. After exploring the concepts of interpretability, you will learn about simple, interpretable models such as decision trees, decision rules and linear regression. Later chapters focus on general model-agnostic methods for interpreting black box models like feature importance and accumulated local effects and explaining individual predictions with Shapley values and LIME. All interpretation methods are explained in depth and discussed critically. How do they work under the hood? What are their strengths and weaknesses? How can their outputs be interpreted? This book will enable you to select and correctly apply the interpretation method that is most suitable for your machine learning project.

Household Leverage and the Recession

Author : Callum Jones
Publisher : International Monetary Fund
ISBN 13 : 1484374983
Total Pages : 51 pages
Book Rating : 4.4/5 (843 download)

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Book Synopsis Household Leverage and the Recession by : Callum Jones

Download or read book Household Leverage and the Recession written by Callum Jones and published by International Monetary Fund. This book was released on 2018-08-30 with total page 51 pages. Available in PDF, EPUB and Kindle. Book excerpt: We evaluate and partially challenge the ‘household leverage’ view of the Great Recession. In the data, employment and consumption declined more in states where household debt declined more. We study a model where liquidity constraints amplify the response of consumption and employment to changes in debt. We estimate the model with Bayesian methods combining state and aggregate data. Changes in household credit limits explain 40 percent of the differential rise and fall of employment across states, but a small fraction of the aggregate employment decline in 2008-2010. Nevertheless, since household deleveraging was gradual, credit shocks greatly slowed the recovery.

Bayesian Econometrics

Author : Mauro Bernardi
Publisher : MDPI
ISBN 13 : 3039437852
Total Pages : 146 pages
Book Rating : 4.0/5 (394 download)

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Book Synopsis Bayesian Econometrics by : Mauro Bernardi

Download or read book Bayesian Econometrics written by Mauro Bernardi and published by MDPI. This book was released on 2020-12-28 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the advent of Markov chain Monte Carlo (MCMC) methods in the early 1990s, Bayesian methods have been proposed for a large and growing number of applications. One of the main advantages of Bayesian inference is the ability to deal with many different sources of uncertainty, including data, models, parameters and parameter restriction uncertainties, in a unified and coherent framework. This book contributes to this literature by collecting a set of carefully evaluated contributions that are grouped amongst two topics in financial economics. The first three papers refer to macro-finance issues for real economy, including the elasticity of factor substitution (ES) in the Cobb–Douglas production function, the effects of government public spending components, and quantitative easing, monetary policy and economics. The last three contributions focus on cryptocurrency and stock market predictability. All arguments are central ingredients in the current economic discussion and their importance has only been further emphasized by the COVID-19 crisis.

Statistics for Petroleum Engineers and Geoscientists

Author : Jerry L. Jensen
Publisher :
ISBN 13 :
Total Pages : 424 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Statistics for Petroleum Engineers and Geoscientists by : Jerry L. Jensen

Download or read book Statistics for Petroleum Engineers and Geoscientists written by Jerry L. Jensen and published by . This book was released on 1997 with total page 424 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Guidelines for the Evaluation of Petroleum Reserves and Resources

Author : Society of Petroleum Engineers
Publisher : Society of Petroleum Engineers
ISBN 13 : 9781555631055
Total Pages : 141 pages
Book Rating : 4.6/5 (31 download)

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Book Synopsis Guidelines for the Evaluation of Petroleum Reserves and Resources by : Society of Petroleum Engineers

Download or read book Guidelines for the Evaluation of Petroleum Reserves and Resources written by Society of Petroleum Engineers and published by Society of Petroleum Engineers. This book was released on 2001 with total page 141 pages. Available in PDF, EPUB and Kindle. Book excerpt:

MATLAB Deep Learning

Author : Phil Kim
Publisher : Apress
ISBN 13 : 1484228456
Total Pages : 162 pages
Book Rating : 4.4/5 (842 download)

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Book Synopsis MATLAB Deep Learning by : Phil Kim

Download or read book MATLAB Deep Learning written by Phil Kim and published by Apress. This book was released on 2017-06-15 with total page 162 pages. Available in PDF, EPUB and Kindle. Book excerpt: Get started with MATLAB for deep learning and AI with this in-depth primer. In this book, you start with machine learning fundamentals, then move on to neural networks, deep learning, and then convolutional neural networks. In a blend of fundamentals and applications, MATLAB Deep Learning employs MATLAB as the underlying programming language and tool for the examples and case studies in this book. With this book, you'll be able to tackle some of today's real world big data, smart bots, and other complex data problems. You’ll see how deep learning is a complex and more intelligent aspect of machine learning for modern smart data analysis and usage. What You'll Learn Use MATLAB for deep learning Discover neural networks and multi-layer neural networks Work with convolution and pooling layers Build a MNIST example with these layers Who This Book Is For Those who want to learn deep learning using MATLAB. Some MATLAB experience may be useful.

Psychology of Intelligence Analysis

Author : Richards J Heuer
Publisher : Pickle Partners Publishing
ISBN 13 : 1839743050
Total Pages : 336 pages
Book Rating : 4.8/5 (397 download)

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Book Synopsis Psychology of Intelligence Analysis by : Richards J Heuer

Download or read book Psychology of Intelligence Analysis written by Richards J Heuer and published by Pickle Partners Publishing. This book was released on 2020-03-05 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this seminal work, published by the C.I.A. itself, produced by Intelligence veteran Richards Heuer discusses three pivotal points. First, human minds are ill-equipped ("poorly wired") to cope effectively with both inherent and induced uncertainty. Second, increased knowledge of our inherent biases tends to be of little assistance to the analyst. And lastly, tools and techniques that apply higher levels of critical thinking can substantially improve analysis on complex problems.

Quaternary Dating Methods

Author : Mike Walker
Publisher : John Wiley & Sons
ISBN 13 : 1118700090
Total Pages : 311 pages
Book Rating : 4.1/5 (187 download)

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Book Synopsis Quaternary Dating Methods by : Mike Walker

Download or read book Quaternary Dating Methods written by Mike Walker and published by John Wiley & Sons. This book was released on 2013-04-30 with total page 311 pages. Available in PDF, EPUB and Kindle. Book excerpt: This introductory textbook introduces the basics of dating, the range of techniques available and the strengths and limitations of each of the principal methods. Coverage includes: the concept of time in Quaternary Science and related fields the history of dating from lithostratigraphy and biostratigraphy the development and application of radiometric methods different methods in dating: radiometric dating, incremental dating, relative dating and age equivalence Presented in a clear and straightforward manner with the minimum of technical detail, this text is a great introduction for both students and practitioners in the Earth, Environmental and Archaeological Sciences. Praise from the reviews: "This book is a must for any Quaternary scientist." SOUTH AFRICAN GEOGRAPHICAL JOURNAL, September 2006 “...very well organized, clearly and straightforwardly written and provides a good overview on the wide field of Quaternary dating methods...” JOURNAL OF QUATERNARY SCIENCE, January 2007

Geophysics and Geosequestration

Author : Thomas L. Davis
Publisher : Cambridge University Press
ISBN 13 : 1107137497
Total Pages : 391 pages
Book Rating : 4.1/5 (71 download)

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Book Synopsis Geophysics and Geosequestration by : Thomas L. Davis

Download or read book Geophysics and Geosequestration written by Thomas L. Davis and published by Cambridge University Press. This book was released on 2019-05-09 with total page 391 pages. Available in PDF, EPUB and Kindle. Book excerpt: An overview of the geophysical techniques and analysis methods for monitoring subsurface carbon dioxide storage for researchers and industry practitioners.

Elements of Forecasting

Author : Francis X. Diebold
Publisher : South-Western Pub
ISBN 13 : 9780324359046
Total Pages : 366 pages
Book Rating : 4.3/5 (59 download)

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Book Synopsis Elements of Forecasting by : Francis X. Diebold

Download or read book Elements of Forecasting written by Francis X. Diebold and published by South-Western Pub. This book was released on 2007 with total page 366 pages. Available in PDF, EPUB and Kindle. Book excerpt: ELEMENTARY FORECASTING focuses on the core techniques of widest applicability. The author illustrates all methods with detailed real-world applications, many of them international in flavor, designed to mimic typical forecasting situations.