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January Technical Luncheon - "Big Data Analytics: What Can It Do For Petroleum Engineers And Geoscientists?" - Dr. Srikanta Mishra (Battelle Memorial Institute, USA) 

02-07-2016 03:46 PM

Abstract Big data analytics has become quite the buzzword in recent years, and its growing application in E&P operations promises to be an exciting new development. It involves: (1) acquiring and managing data in large volumes, of different varieties, and at high velocities, and (2) using statistical techniques to “mine” the data and discover hidden patterns of association and relationships in large, complex, multivariate datasets. The ultimate goal is to develop data-driven insights for understanding and optimizing the performance of petroleum reservoirs. However, the subject remains a mystery to most petroleum engineers and geoscientists because of the statistics-heavy jargon and the use of complex algorithms. This talk will provide a “gentle” introduction to big data analytics by focusing on: (a) easy-to-understand descriptions of the commonly-used concepts and techniques, (b) broad categories of E&P problems that can be solved with big data analytics, and (c) case studies demonstrating practical applications. The first example to be discussed involves building robust predictive models for oil production in an unconventional reservoir using well architecture and completion data as predictors. The second example involves the ability to predict the presence or absence of vugular zones in carbonate reservoirs based only on a standard suite of electric logs. The third example involves building a data-driven model from historical injection-production data in waterflooding operations for optimization of injection rates and locations. The focus of the talk will be on showcasing an expanded repertoire of statistical and machine learning techniques that can help develop data-driven insights for understanding and optimizing the performance of petroleum reservoirs. Biography Dr. Srikanta Mishra is Institute Fellow and Chief Scientist (Energy) at Battelle Memorial Institute, the world's largest independent contract R&D organization. He is responsible for developing and managing a geoscience-oriented technology portfolio related to computational modeling and data analytics for geological carbon storage, shale gas development and improved oil recovery projects. Dr. Mishra has taught short courses on uncertainty quantification, statistical modeling and data analytics at various professional conferences and client locations in the US, China, Spain, Japan, Finland, Belgium and Switzerland. He is also the author of a forthcoming book on statistical modeling and data analytics for the petroleum geosciences to be published by Elsevier. Dr. Mishra joined Battelle in 2010 after a distinguished 20+ year career in geosystems consulting and applied research, including an appointment as Adjunct Professor of Petroleum Engineering at The University of Texas at Austin. He is the author of almost 200 technical publications, and has served as an Associate Editor of the Journal of Petroleum Science & Engineering. He holds a PhD degree from Stanford University, an MS degree from University of Texas and a BTech degree from Indian School of Mines – all in Petroleum Engineering.

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January 2016 SPE OKC Technical Luncheon Presentation   7.43 MB   1 version
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Big Data Analytics