Machine learning

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Machine learning (ML) is the scientific study of algorithms and statistical models that computer systems use to effectively perform a specific task without using explicit instructions, relying on patterns and inference instead. It is seen as a subset of artificial intelligence. Machine learning algorithms build a mathematical model based on sample data, known as "training data", in order to make predictions or decisions without being explicitly programmed to perform the task.[1]

ML algorithms are being used in the Oil and Gas sector for various applications:

  1. Although ML algorithms appeared decades ago, SEG members started publishing about them in the mid-90s. In 2019, in response to "the digital transformation of Oil and Gas" the AAPG, SEG & SPE decided to organize the first conference fully dedicated to the topic: "Energy in Data"
    1. https://en.wikipedia.org/wiki/Machine_learning