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Oil Flow Predictor (Barrels Per Day) Using Machine Learning Algorithms β Random Forest and Gradient Boosting | |
Machine. Executives in the Oil & Gas industry are always seeking ways to optimize the production of oil and gas | |
wells and make informed decisions about drilling and exploration. Machine learning can be used to effectively | |
resolve this optimization problem, but would usually involve extensive or complex coding that the typical | |
executive or non-technical staff would not be able to undertake. For example, the code behind this simple Gradio | |
bot does thinngs the typical oil executive knows nothing about in that it loads the data from a CSV file and | |
performs data scaling, PCA dimensionality reduction, DBSCAN clustering, and random forest regression and | |
gradient boosting regression for predicting output variables related to oil and gas production rates β not | |
something the typical executive or non-technical Oil & Gas staff can manage. The analysis was used to gain | |
insights into the factors that affect oil and gas production rates and to predict production rates based on | |
the input variables. Executives are then able to use this knowledge to improve the efficiency of their | |
operations. | |
This Gradio chatbot reads in a CSV file containing well rate data, performs some preprocessing on the data, and | |
then trains and evaluates two regression models, a Random Forest (RF) and a Gradient Boosting Machine (GBM), on | |
the preprocessed data. The input data is preprocessed using Principal Component Analysis (PCA) to reduce the | |
dimensionality of the input features, and then the DBSCAN clustering algorithm is applied to the PCA-transformed | |
data to filter out outlier data points. The remaining data points are used for training and testing the | |
regression models. The RF and GBM models are both trained using the preprocessed input features and | |
corresponding well rates, and their performance is evaluated using the R-squared metric. Finally, the predicted | |
well rates from the RF and GBM models are plotted against the actual well rates for visualization. | |
For example, the following inputs are required for predicting the oil flow rate (Qoil) based on input features | |
(BHP, WHP, WHT, Tsep, Psep, and Choke_in): | |
β’ BHP: Bottom Hole Pressure | |
β’ WHP: Well Head Pressure | |
β’ WHT: Well Head Temperature | |
β’ Tsep: Separator Temperature | |
β’ Psep: Separator Pressure | |
β’ Choke_in: Choke Size | |
These features (BHP, WHP, WHT, Tsep, Psep, and Choke_in) are used as inputs to the machine learning models that | |
were trained in the notebook to predict the oil flow rate (Qoil). We suspect and propose that the same input | |
features (BHP, WHP, WHT, Tsep, Psep, and Choke_in) are provided to the trained model which would then be | |
enabled to predict Qoil or the oil flow rate (number of barrels per day) via the Gradio input interface. | |
The oil executive is able to learn this without having to know machine learning or the complexities of | |
training the model himself. | |