A Novel Multi-Input AlexNet Prediction Model for Oil and Gas Production

Yang Wang, Yin Lv, Dali Guo, Shu Zhang and Shixiang Jiao

Mathematical Problems in Engineering, 2018, vol. 2018, 1-9

Abstract:

In the process of oilfield development, it is important to predict the oil and gas production. The predicted value of oil production is the amount of oil that may be obtained within a certain area over a certain period. Because of the current demand for oil and gas production prediction, a prediction model using a multi-input convolutional neural network based on AlexNet is proposed in this paper. The model predicts real oilfield data and achieves good results: increasing prediction accuracy by 17.5%, 20.8%, 11.6%, 8.9%, 6.9%, and 14.9% with respect to the backpropagation neural network, support vector machine, artificial neural network, radial basis function neural network, K-nearest neighbor, and decision tree methods, respectively. It addresses the uncertainty of oil and gas production caused by the change in parameter values during the process of petroleum exploitation and has far-reaching application significance.

Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:hin:jnlmpe:5076547

DOI: 10.1155/2018/5076547

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