Gas well development through decision trees

01/20/2003
Data mining massive geological databases is a leading edge statistical technique useful in oil and gas exploration.Billions of dollars of potential profit can be generated from gas well data analysis on information stored in databases typically produced by oil and gas companies, governments, and others. The following discussion will outline data mining techniques, algorithms, methodologies, and research useful in exploration for gas and oil. Click here to enlarge imageSeveral data mining and statistical techniques are available to exploration geologists such as: visual data mining tools, cluster analysis, neural networks, decision trees, and multiple regression.Applying these algorithms ...
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