PRODUCTION FORECAST

Forecasting future oil and gas production for a well is one of the most important tasks of a reservoir or production engineer. These production forecasts are used for estimating remaining reserves, optimizing production operations and business planning, among other uses.

Production forecast can be done using reservoir simulation, however the time consumed to generate the optimum production forecast can be very long, depending on model size and variables tested. This issue can be resolved by letting AiSara learn the trend from a handful of simulation results to generate the production forecast.