Artificial Intelligence Platform Accelerates Reservoir Oppor

Artificial Intelligence Platform Accelerates Reservoir Opportunity Identification


Artificial Intelligence Platform Accelerates Reservoir Opportunity Identification
Today’s AI-based cloud-enabled technology is designed to help oil and gas operators implement a practical digitalization strategy in the areas of reservoir management and field development planning.
(Source: QRI Group)
Mon, 06/14/2021 - 01:20 PM
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Successful reservoir management often requires the identification of actionable field development opportunities. The outcome of this process helps the asset team meet production targets and improves recovery efficiency and reserves. Field development planning generally requires multidiscipline collaboration on top of a deep understanding of the target reservoir (geological complexity, production history, etc.). Therefore, the conventional approach has always been time-consuming and labor-intensive, as an abundance of manpower is needed for data gathering and analyzing as well as for vetting the results. 

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