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Data Mining: Applications in the Petroleum Industry

Georg Zangl, Josef Hannerer

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ISBN 10: 0967724813 / ISBN 13: 9780967724812
Published by Round Oak Publishing, 2003
New Condition: New Hardcover
From Ergodebooks (RICHMOND, TX, U.S.A.)

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Bibliographic Details

Title: Data Mining: Applications in the Petroleum ...

Publisher: Round Oak Publishing

Publication Date: 2003

Binding: Hardcover

Book Condition:New

About this title

Synopsis:

The proliferation of data gathering technologies and instrumentation has led to the acquisition of great volumes of data whose interpretation using analytical mathematical approaches or history matching with numerical simulators is often unsuccessful, incomplete and invariably partially satisfying.

Data Mining is an evolving discipline which uses a series of modern tools to extract hidden relationships and influences embedded in the data. This data-driven analysis contrasts the knowledge-driven analysis of traditional engineering and scientific approaches. However, data mining is not supposed to replace knowledge. On the contrary, it is supposed to be a tool to aid in the quantification of relative influences and reveal their inter-connectivity.

This book, dealing with data mining in the petroleum industry, is a major step towards the understanding of the exceptionally complex influences of the inherently chaotic geology, lithology, geochemistry, fluid phase behavior, multiphase flow and other phenomena, affecting petroleum production and exploration.

About the Author:

Georg Zangl is the Technical Director of Decision Team Software. With more than 11 years of experience, he has worked on the development of a special purpose numerical reservoir simulator, and most recently has been involved with the development of DECIDE! FOR OIL & GAS. He is the author of numerous scientific publications and has performed many reservoir engineering studies for companies throughout the world, including some of the largest fields in the Middle East (Gawhar, Safaniyah and others), the North Sea, and Continental Europe. He holds a MS in petroleum engineering from the Mining University Leoben, Austria. He lives with his wife and two children in Laxenburg, Austria.

Josef Hannerer is a reservoir engineer with the consulting group of Decision Team Software. He is a specialist in reservoir evaluation and multivariate statistical analysis. He has 10 years of experience as a project manager in consulting businesses. Within his consulting work, he has performed full scale studies for companies throughout the world. He holds a MS degree in petroleum engineering from Mining University Leoben, Austria.

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