IDEAS home Printed from https://ideas.repec.org/a/gam/jeners/v16y2023i3p1392-d1051695.html
   My bibliography  Save this article

Insights into the Application of Machine Learning in Reservoir Engineering: Current Developments and Future Trends

Author

Listed:
  • Hai Wang

    (Department of Chemical and Petroleum Engineering, Schulich School of Engineering, University of Calgary, Calgary, AB T2N 1N4, Canada)

  • Shengnan Chen

    (Department of Chemical and Petroleum Engineering, Schulich School of Engineering, University of Calgary, Calgary, AB T2N 1N4, Canada)

Abstract

In the past few decades, the machine learning (or data-driven) approach has been broadly adopted as an alternative to scientific discovery, resulting in many opportunities and challenges. In the oil and gas sector, subsurface reservoirs are heterogeneous porous media involving a large number of complex phenomena, making their characterization and dynamic prediction a real challenge. This study provides a comprehensive overview of recent research that has employed machine learning in three key areas: reservoir characterization, production forecasting, and well test interpretation. The results show that machine learning can automate and accelerate many reservoirs engineering tasks with acceptable level of accuracy, resulting in more efficient and cost-effective decisions. Although machine learning presents promising results at this stage, there are still several crucial challenges that need to be addressed, such as data quality and data scarcity, the lack of physics nature of machine learning algorithms, and joint modelling of multiple data sources/formats. The significance of this research is that it demonstrates the potential of machine learning to revolutionize the oil and gas sector by providing more accurate and efficient solutions for challenging problems.

Suggested Citation

  • Hai Wang & Shengnan Chen, 2023. "Insights into the Application of Machine Learning in Reservoir Engineering: Current Developments and Future Trends," Energies, MDPI, vol. 16(3), pages 1-11, January.
  • Handle: RePEc:gam:jeners:v:16:y:2023:i:3:p:1392-:d:1051695
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/1996-1073/16/3/1392/pdf
    Download Restriction: no

    File URL: https://www.mdpi.com/1996-1073/16/3/1392/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Nilesh Dixit & Paul McColgan & Kimberly Kusler, 2020. "Machine Learning-Based Probabilistic Lithofacies Prediction from Conventional Well Logs: A Case from the Umiat Oil Field of Alaska," Energies, MDPI, vol. 13(18), pages 1-15, September.
    2. Fan, Dongyan & Sun, Hai & Yao, Jun & Zhang, Kai & Yan, Xia & Sun, Zhixue, 2021. "Well production forecasting based on ARIMA-LSTM model considering manual operations," Energy, Elsevier, vol. 220(C).
    3. Zekun Guo & Hongjun Wang & Xiangwen Kong & Li Shen & Yuepeng Jia, 2021. "Machine Learning-Based Production Prediction Model and Its Application in Duvernay Formation," Energies, MDPI, vol. 14(17), pages 1-17, September.
    4. David Silver & Julian Schrittwieser & Karen Simonyan & Ioannis Antonoglou & Aja Huang & Arthur Guez & Thomas Hubert & Lucas Baker & Matthew Lai & Adrian Bolton & Yutian Chen & Timothy Lillicrap & Fan , 2017. "Mastering the game of Go without human knowledge," Nature, Nature, vol. 550(7676), pages 354-359, October.
    5. Hongyang Chu & Xinwei Liao & Peng Dong & Zhiming Chen & Xiaoliang Zhao & Jiandong Zou, 2019. "An Automatic Classification Method of Well Testing Plot Based on Convolutional Neural Network (CNN)," Energies, MDPI, vol. 12(15), pages 1-27, July.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Beichen Zhao & Binshan Ju & Chaoxiang Wang, 2023. "Initial-Productivity Prediction Method of Oil Wells for Low-Permeability Reservoirs Based on PSO-ELM Algorithm," Energies, MDPI, vol. 16(11), pages 1-17, June.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Reza Rezaee, 2022. "Editorial on Special Issues of Development of Unconventional Reservoirs," Energies, MDPI, vol. 15(7), pages 1-9, April.
    2. Yuchen Zhang & Wei Yang, 2022. "Breakthrough invention and problem complexity: Evidence from a quasi‐experiment," Strategic Management Journal, Wiley Blackwell, vol. 43(12), pages 2510-2544, December.
    3. Zhao, Xinxing & Li, Kainan & Ang, Candice Ke En & Cheong, Kang Hao, 2023. "A deep learning based hybrid architecture for weekly dengue incidences forecasting," Chaos, Solitons & Fractals, Elsevier, vol. 168(C).
    4. Daníelsson, Jón & Macrae, Robert & Uthemann, Andreas, 2022. "Artificial intelligence and systemic risk," Journal of Banking & Finance, Elsevier, vol. 140(C).
    5. Wang, Delu & Gan, Jun & Mao, Jinqi & Chen, Fan & Yu, Lan, 2023. "Forecasting power demand in China with a CNN-LSTM model including multimodal information," Energy, Elsevier, vol. 263(PE).
    6. Omar Al-Ani & Sanjoy Das, 2022. "Reinforcement Learning: Theory and Applications in HEMS," Energies, MDPI, vol. 15(17), pages 1-37, September.
    7. Ostheimer, Julia & Chowdhury, Soumitra & Iqbal, Sarfraz, 2021. "An alliance of humans and machines for machine learning: Hybrid intelligent systems and their design principles," Technology in Society, Elsevier, vol. 66(C).
    8. Boute, Robert N. & Gijsbrechts, Joren & van Jaarsveld, Willem & Vanvuchelen, Nathalie, 2022. "Deep reinforcement learning for inventory control: A roadmap," European Journal of Operational Research, Elsevier, vol. 298(2), pages 401-412.
    9. Zhou, Yuhao & Wang, Yanwei, 2022. "An integrated framework based on deep learning algorithm for optimizing thermochemical production in heavy oil reservoirs," Energy, Elsevier, vol. 253(C).
    10. Mandal, Ankit & Tiwari, Yash & Panigrahi, Prasanta K. & Pal, Mayukha, 2022. "Physics aware analytics for accurate state prediction of dynamical systems," Chaos, Solitons & Fractals, Elsevier, vol. 164(C).
    11. Li, Ruilian & Zeng, Deliang & Li, Tingting & Ti, Baozhong & Hu, Yong, 2023. "Real-time prediction of SO2 emission concentration under wide range of variable loads by convolution-LSTM VE-transformer," Energy, Elsevier, vol. 269(C).
    12. Bossert, Leonie & Hagendorff, Thilo, 2021. "Animals and AI. The role of animals in AI research and application – An overview and ethical evaluation," Technology in Society, Elsevier, vol. 67(C).
    13. Yang, Zhengzhi & Zheng, Lei & Perc, Matjaž & Li, Yumeng, 2024. "Interaction state Q-learning promotes cooperation in the spatial prisoner's dilemma game," Applied Mathematics and Computation, Elsevier, vol. 463(C).
    14. Zhang, Yihao & Chai, Zhaojie & Lykotrafitis, George, 2021. "Deep reinforcement learning with a particle dynamics environment applied to emergency evacuation of a room with obstacles," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 571(C).
    15. Jun Li & Wei Zhu & Jun Wang & Wenfei Li & Sheng Gong & Jian Zhang & Wei Wang, 2018. "RNA3DCNN: Local and global quality assessments of RNA 3D structures using 3D deep convolutional neural networks," PLOS Computational Biology, Public Library of Science, vol. 14(11), pages 1-18, November.
    16. Keller, Alexander & Dahm, Ken, 2019. "Integral equations and machine learning," Mathematics and Computers in Simulation (MATCOM), Elsevier, vol. 161(C), pages 2-12.
    17. Canhoto, Ana Isabel & Clear, Fintan, 2020. "Artificial intelligence and machine learning as business tools: A framework for diagnosing value destruction potential," Business Horizons, Elsevier, vol. 63(2), pages 183-193.
    18. Zhang, Guangming & Zhang, Chao & Wang, Wei & Cao, Huan & Chen, Zhenyu & Niu, Yuguang, 2023. "Offline reinforcement learning control for electricity and heat coordination in a supercritical CHP unit," Energy, Elsevier, vol. 266(C).
    19. Zhaobin Mo & Xuan Di & Rongye Shi, 2023. "Robust Data Sampling in Machine Learning: A Game-Theoretic Framework for Training and Validation Data Selection," Games, MDPI, vol. 14(1), pages 1-13, January.
    20. Haoran Wang & Shi Yu, 2021. "Robo-Advising: Enhancing Investment with Inverse Optimization and Deep Reinforcement Learning," Papers 2105.09264, arXiv.org.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jeners:v:16:y:2023:i:3:p:1392-:d:1051695. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.