Importance

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Abstract

A method for predicting well production is disclosed. The method includes obtaining a training data set for a machine learning (ML) model that generates predicted well production data based on observed data of interest, generating multiple sets of initial guesses of model parameters of the ML model, using an ML algorithm applied to the training data set to generate multiple individually trained ML models based the multiple sets of initial model parameters, comparing a validation data set and respective predicted well production data of the individually trained ML models to generate a ranking, selecting top-ranked individually trained ML models based on the ranking, using the data of interest as input to the top-ranked individually trained ML models to generate a set of individual predicted well production data, and generating a final predicted well production data based on the set of individual predicted well production data.

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First Claim