The Next Frontier of Innovation After Shales. Application of Artificial Neural Networks in the Oil and Gas Industry

By Peter Kaznacheev

neural networkThe energy industry is in need of new technological solutions that would allow it to adapt to lower crude prices, increase efficiency and maintain operational safety and environmental security. One of the areas of intense innovation is the use of artificial neural networks. This article provides a brief overview of the three main areas where artificial neural networks are applied in the oil and gas sector, namely: interpretation of geological data, automation in field management, and market research.

Read the full article in our EUCERS Newsletter No.66

 

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Welcome to the EUCERS blog.

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