Probabilistic Decline Curve Analysis In Unconventional Reservoirs Using Bayesian And Approximate Bayesian Inference

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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.

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.

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.

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.

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.

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.

Common Errors in Statistics (and How to Avoid Them)

Author : Phillip I. Good
Publisher : Wiley
ISBN 13 : 0470473916
Total Pages : 304 pages
Book Rating : 4.4/5 (74 download)

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Book Synopsis Common Errors in Statistics (and How to Avoid Them) by : Phillip I. Good

Download or read book Common Errors in Statistics (and How to Avoid Them) written by Phillip I. Good and published by Wiley. This book was released on 2009-10-06 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: Praise for the Second Edition "All statistics students and teachers will find in this book a friendly and intelligentguide to . . . applied statistics in practice." —Journal of Applied Statistics ". . . a very engaging and valuable book for all who use statistics in any setting." —CHOICE ". . . a concise guide to the basics of statistics, replete with examples . . . a valuablereference for more advanced statisticians as well." —MAA Reviews Now in its Third Edition, the highly readable Common Errors in Statistics (and How to Avoid Them) continues to serve as a thorough and straightforward discussion of basic statistical methods, presentations, approaches, and modeling techniques. Further enriched with new examples and counterexamples from the latest research as well as added coverage of relevant topics, this new edition of the benchmark book addresses popular mistakes often made in data collection and provides an indispensable guide to accurate statistical analysis and reporting. The authors' emphasis on careful practice, combined with a focus on the development of solutions, reveals the true value of statistics when applied correctly in any area of research. The Third Edition has been considerably expanded and revised to include: A new chapter on data quality assessment A new chapter on correlated data An expanded chapter on data analysis covering categorical and ordinal data, continuous measurements, and time-to-event data, including sections on factorial and crossover designs Revamped exercises with a stronger emphasis on solutions An extended chapter on report preparation New sections on factor analysis as well as Poisson and negative binomial regression Providing valuable, up-to-date information in the same user-friendly format as its predecessor, Common Errors in Statistics (and How to Avoid Them), Third Edition is an excellent book for students and professionals in industry, government, medicine, and the social sciences.

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

Numerical Methods of Statistics

Author : John F. Monahan
Publisher : Cambridge University Press
ISBN 13 : 1139498002
Total Pages : 465 pages
Book Rating : 4.1/5 (394 download)

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Book Synopsis Numerical Methods of Statistics by : John F. Monahan

Download or read book Numerical Methods of Statistics written by John F. Monahan and published by Cambridge University Press. This book was released on 2011-04-18 with total page 465 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explains how computer software is designed to perform the tasks required for sophisticated statistical analysis. For statisticians, it examines the nitty-gritty computational problems behind statistical methods. For mathematicians and computer scientists, it looks at the application of mathematical tools to statistical problems. The first half of the book offers a basic background in numerical analysis that emphasizes issues important to statisticians. The next several chapters cover a broad array of statistical tools, such as maximum likelihood and nonlinear regression. The author also treats the application of numerical tools; numerical integration and random number generation are explained in a unified manner reflecting complementary views of Monte Carlo methods. Each chapter contains exercises that range from simple questions to research problems. Most of the examples are accompanied by demonstration and source code available from the author's website. New in this second edition are demonstrations coded in R, as well as new sections on linear programming and the Nelder–Mead search algorithm.

Unconventional Reservoir Rate-Transient Analysis

Author : Christopher R. Clarkson
Publisher : Gulf Professional Publishing
ISBN 13 : 0323901174
Total Pages : 1144 pages
Book Rating : 4.3/5 (239 download)

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Book Synopsis Unconventional Reservoir Rate-Transient Analysis by : Christopher R. Clarkson

Download or read book Unconventional Reservoir Rate-Transient Analysis written by Christopher R. Clarkson and published by Gulf Professional Publishing. This book was released on 2021-06-15 with total page 1144 pages. Available in PDF, EPUB and Kindle. Book excerpt: Unconventional Reservoir Rate-Transient Analysis provides petroleum engineers and geoscientists with the first comprehensive review of rate-transient analysis (RTA) methods as applied to unconventional reservoirs. Volume One—Fundamentals, Analysis Methods, and Workflow is comprised of five chapters which address key concepts and analysis methods used in RTA. This volume overviews the fundamentals of RTA, as applied to low-permeability oil and gas reservoirs exhibiting simple reservoir and fluid characteristics.Volume Two—Application to Complex Reservoirs, Exploration and Development is comprised of four chapters that demonstrate how RTA can be applied to coalbed methane reservoirs, shale gas reservoirs, and low-permeability/shale reservoirs exhibiting complex behavior such as multiphase flow. Use of RTA to assist exploration and development programs in unconventional reservoirs is also demonstrated. This book will serve as a critical guide for students, academics, and industry professionals interested in applying RTA methods to unconventional reservoirs. - Gain a comprehensive review of key concepts and analysis methods used in modern rate-transient analysis (RTA) as applied to low-permeability ("tight") oil and gas reservoirs - Improve your RTA methods by providing reservoir/hydraulic fracture properties and hydrocarbon-in-place estimates for unconventional gas and light oil reservoirs exhibiting complex reservoir behaviors - Understand the provision of a workflow for confident application of RTA to unconventional reservoirs

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.

Financial Statistics and Data Analytics

Author : Shuangzhe Li
Publisher : MDPI
ISBN 13 : 3039439758
Total Pages : 232 pages
Book Rating : 4.0/5 (394 download)

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Book Synopsis Financial Statistics and Data Analytics by : Shuangzhe Li

Download or read book Financial Statistics and Data Analytics written by Shuangzhe Li and published by MDPI. This book was released on 2021-03-02 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: Modern financial management is largely about risk management, which is increasingly data-driven. The problem is how to extract information from the data overload. It is here that advanced statistical and machine learning techniques can help. Accordingly, finance, statistics, and data analytics go hand in hand. The purpose of this book is to bring the state-of-art research in these three areas to the fore and especially research that juxtaposes these three.

Uncertainty and Forecasting of Water Quality

Author : M.B. Beck
Publisher : Springer Science & Business Media
ISBN 13 : 3642820549
Total Pages : 382 pages
Book Rating : 4.6/5 (428 download)

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Book Synopsis Uncertainty and Forecasting of Water Quality by : M.B. Beck

Download or read book Uncertainty and Forecasting of Water Quality written by M.B. Beck and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 382 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the International Institute for Applied Systems Analysis began its study of water quality modeling and management in 1977, it has been interested in the relations between uncertainty and the problems of model calibration and prediction. The work has focused on the theme of modeling poorly defined environmental systems, a principal topic of the effort devoted to environmental quality control and management. Accounting for the effects of uncertainty was also of central concern to our two case studies of lake eutrophication management, one dealing with Lake Balaton in Hungary and the other with several Austrian lake systems. Thus, in November 1979 we held a meeting at Laxenburg to discuss recent method ological developments in addressing problems associated with uncertainty and forecasting of water quality. This book is based on the proceedings of that meeting. The last few years have seen an increase in awareness of the issue of uncertainty in water quality and ecological modeling. This book is relevant not only to contemporary issues but also to those of the future. A lack of field data will not always be the dominant problem for water quality modeling and management; more sophisticated measuring techniques and more comprehensive monitoring networks will come to be more widely applied. Rather, the important problems of the future are much more likely to emerge from the enhanced facility of data processing and to concern the meaningful interpretation, assimilation., and use of the information thus obtained.