Search Results - "Hong, Aojie"

Machine learning based decline curve analysis for short-term oil production forecast by Tadjer, Amine, Hong, Aojie, Bratvold, Reidar B

“…Traditional decline curve analyses (DCAs), both deterministic and probabilistic, use specific models to fit production data for production forecasting. Various…”
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Is Reinforcement Learning Good at American Option Valuation? by Kor, Peyman, Bratvold, Reidar B., Hong, Aojie

“…This paper investigates algorithms for identifying the optimal policy for pricing American Options. The American Option pricing is reformulated as a Sequential…”
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A sequential decision and data analytics framework for maximizing value and reliability of CO2 storage monitoring by Tadjer, Amine, Hong, Aojie, Bratvold, Reidar B.

“…Carbon capture and sequestration (carbon capture and storage or CCS) represents a unique potential strategy that can minimize CO2 emissions in the atmosphere,…”
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A decision support system for multi-target geosteering by Alyaev, Sergey, Suter, Erich, Bratvold, Reider Brumer, Hong, Aojie, Luo, Xiaodong, Fossum, Kristian

“…Geosteering is a sequential decision process under uncertainty. The goal of geosteering is to maximize the expected value of the well, which should be defined…”
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Application of machine learning to assess the value of information in polymer flooding by Amine Tadjer, Reidar B. Bratvold, Aojie Hong, Remus Hanea

“…In this work, we provide a more consistent alternative for performing value of information (VOI) analyses to address sequential decision problems in reservoir…”
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A Decision Support System for Multi-target Geosteering by Alyaev, Sergey, Suter, Erich, Bratvold, Reidar, Hong, Aojie, Luo, Xiaodong

“…Journal of Petroleum Science and Engineering Volume 183, December 2019, 106381 Geosteering is a sequential decision process under uncertainty. The goal of…”
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