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oil and gas

 

VERTICALS

Strategy and Operations

 

OBJECTIVE

Identify factors affecting yield and develop an algorithm to predict yield from a well.

 

SOLUTION

  • Segmentation

  • Predictive Modelling

 

SOLUTION DETAILS

  • Classified wells into 3 categories based on well characteristics

  • Identified variables and their ranges having the most impact on Oil and Gas production

  • Identified well completion types resulting in enhanced output

  • Developed predictive models having 85% accuracy in predicting yield