ANALOGUE IDENTIFICATION AND EVALUATION FOR FIELD DEVELOPMENT AND PLANNING
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United States of America Patent
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Issued Date -
Apr 6, 2023
app pub date -
Dec 9, 2022
filing date -
Jun 9, 2020
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A method includes receiving one or more parameters of a plurality of oilfield projects and one or more economic indicators of the plurality of oilfield projects, receiving one or more parameters of a prospective oilfield project, comparing the prospective oilfield project with the plurality of oilfield projects based on the one or more parameters of the prospective oilfield project and the one or more parameters of the plurality of oilfield projects, using a machine learning model, and predicting one or more economic indicators for the prospective oilfield project based at least in part on the comparing.
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