Abstract: For each well of the plurality of wells, a plurality of model outputs are generated for the well. A range of productivity is determined for the well by plotting the plurality of model outputs in the form of a probability distribution function, projecting an actual production indicator result for the well onto the probability distribution function, comparing the actual production indicator result and the probability distribution function to identify a well production potential for the well, and determining a quality of the well production potential based on a plurality of categorization rules including a lowest quality category and a highest quality category. All of the wells in the plurality of wells are analyzed to identify wells in the highest quality category based on the determined quality of well production potentials for the plurality of wells for hydraulic refracturing.
Abstract: A computer system, comprising: one or more processors; and a memory coupled to the one or more processors, wherein the computer system is programmed with a set of computer-readable instructions configured to implement a method for determining a drill site in a shale, tight gas sands, coal bed methane or other unconventional well field for an oil or gas well and one or more parameter settings therefore, the computer-readable instructions comprising: one or more data mining instructions for data mining of a first part of a set of measurement or objective data parameters from existing oil or gas wells in the well field that, when executed, produce a ranking of each parameter and its respective effect on oil or gas well production from the well field; one or more training instructions that, when executed, produce a model comprising an artificial neural network (ANN) trained with the first part of the set of measurement or objective data parameters and/or the ranking that is useful for producing a group of optimiz
Abstract: A computer system, comprising: one or more processors; and a memory coupled to the one or more processors, wherein the computer system is programmed with a set of computer-readable instructions configured to implement a method for determining a drill site in a shale, tight gas sands, coal bed methane or other unconventional well field for an oil or gas well and one or more parameter settings therefore, the computer-readable instructions comprising: one or more data mining instructions for data mining of a first part of a set of measurement or objective data parameters from existing oil or gas wells in the well field that, when executed, produce a ranking of each parameter and its respective effect on oil or gas well production from the well field; one or more training instructions that, when executed, produce a model comprising an artificial neural network (ANN) trained with the first part of the set of measurement or objective data parameters and/or the ranking that is useful for producing a group of optimiz