Ai And Digital Technology For Oil And Gas Fields

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AI and Digital Technology for Oil and Gas Fields

The book essentially covers the growing role of AI in the oil and gas industry, including digital technologies used in the exploration phase, customer sales service, and cloud-based digital storage of reservoir simulation data for modeling. It starts with the description of AI systems and their roles within the oil and gas industry, including the agent-based system, the impact of industrial IoT on business models, and the ethics of robotics in AI implementation. It discusses incorporating AI into operations, leading to the reduction of operating costs by localizing control functions, remote monitoring, and supervision. Features of this book are given as follows: It is an exclusive title on the application of AI and digital technology in the oil and gas industry It explains cloud data management in reservoir simulation It discusses intelligent oil and gas well completion in detail It covers marketing aspects of oil and gas business during the exploration phase It reviews development of digital systems for business purposes This book is aimed at professionals in petroleum and chemical engineering, technology, and engineering management.
AI and Digital Technology for Oil and Gas Fields

"The book essentially covers the growing role of AI in oil and gas industry, including digital technology in exploration phase to customer sales service along with a cloud-based digital storage of reservoir simulation data for modeling. It initiates with the description of AI system and its role towards oil and gas business including agent base system, impact of industrial IoT on business models, ethics of robotics in AI implementation. It discusses reliability of operation leading to reduction of operating costs by localizing control functions, remote monitoring, and supervision. Features: Exclusive title on the application of AI and Digital Technology in the Oil and Gas industry. Explains Cloud Data Management in reservoir simulation. Discussed intelligent oil and gas-well completion in detail. Covers marketing aspect of oil and gas business during exploration phase. Reviews development of digital system for business purpose. This book aims at professionals in petroleum and chemical engineering, technology and engineering management"--
Machine Learning and Data Science in the Oil and Gas Industry

Author: Patrick Bangert
language: en
Publisher: Gulf Professional Publishing
Release Date: 2021-03-04
Machine Learning and Data Science in the Oil and Gas Industry explains how machine learning can be specifically tailored to oil and gas use cases. Petroleum engineers will learn when to use machine learning, how it is already used in oil and gas operations, and how to manage the data stream moving forward. Practical in its approach, the book explains all aspects of a data science or machine learning project, including the managerial parts of it that are so often the cause for failure. Several real-life case studies round out the book with topics such as predictive maintenance, soft sensing, and forecasting. Viewed as a guide book, this manual will lead a practitioner through the journey of a data science project in the oil and gas industry circumventing the pitfalls and articulating the business value. - Chart an overview of the techniques and tools of machine learning including all the non-technological aspects necessary to be successful - Gain practical understanding of machine learning used in oil and gas operations through contributed case studies - Learn change management skills that will help gain confidence in pursuing the technology - Understand the workflow of a full-scale project and where machine learning benefits (and where it does not)