Description
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Course Description
This course covers the fundamentals of Artificial intelligence and Data Mining and provides the
theoretical background for its most used components such as artificial neural networks, evolutionary
computing, and fuzzy logic. The course provide some insight into the type of problems that can be
solved using artificial intelligence techniques, and types of problems not suited for AI. The last part of the course will be devoted to actual application of these techniques in production optimization. Artificial Intelligence is a collection of several analytical tools that attempts to mimic life.
AI tools are being used in many commercial products. They are an integrated part of many new cars such as Honda and Mitsubishi. They are used to provide smooth rides in subway systems and prevent fraud in use of credit cards. They are extensively used in the financial market to predict chaotic stock market behavior, or optimize financial portfolios. Their application in oil and gas industry is fairly new. A handful of researchers and practitioners have concentrated their efforts to provide intelligent tools for the petroleum industry. Artificial intelligence tools have been used to optimize hydraulic fracture designs, characterize oil and gas reservoirs, optimize drilling operation, interpret well logs, generate virtual magnetic resonance logs, select candidate wells for stimulation, and predict post fracture deliverability. Topics covered include the following:
- Artificial Intelligence & Data Mining; an Overview
- Artificial Neural Networks
- Evolutionary Computing
- Fuzzy Logic
- Hybrid Intelligent Systems
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Field Applications & Hands on exercises
- Optimization of Hydraulic Fracturing
- Stimulation/Workover Candidate Selection
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Intelligent Production Data Analysis for:
- Optimization of infill locations
- Optimization of underperformer wells
- Virtual Multi-Phase Flow Metering
- Developing Surrogate Models for Surface Facilities for Optimization and Bottle-neck Removing
Who Should Attend
This course is designed for completion, production and reservoir engineers of operating companies, as
well as service company personnel involved with planning, completion and operating wells and surface
facilities.
CEUs
1.6 (Continuing Education Units/8 hours) awarded for this 2-day course.
Pricing after Jan. 24, 2011 - Members $1599, Non-Members $1799