Construction of Analogy Indicator System and Machine-Learning-Based Optimization of Analogy Methods for Oilfield Development Projects

Oil and gas development is characterized by high technical complexity, strong interdisciplinarity, long investment cycles, and significant uncertainty. To meet the need for quick evaluation of overseas oilfield projects with limited data and experience, this study develops an analogy indicator syste...

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Main Authors: Muzhen Zhang, Zhanxiang Lei, Chengyun Yan, Baoquan Zeng, Fei Huang, Tailai Qu, Bin Wang, Li Fu
Format: Article
Language:English
Published: MDPI AG 2025-08-01
Series:Energies
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Online Access:https://www.mdpi.com/1996-1073/18/15/4076
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Summary:Oil and gas development is characterized by high technical complexity, strong interdisciplinarity, long investment cycles, and significant uncertainty. To meet the need for quick evaluation of overseas oilfield projects with limited data and experience, this study develops an analogy indicator system and tests multiple machine-learning algorithms on two analogy tasks to identify the optimal method. Using an initial set of basic indicators and a database of 1436 oilfield samples, a combined subjective–objective weighting strategy that integrates statistical methods with expert judgment is used to select, classify, and assign weights to the indicators. This process results in 26 key indicators for practical analogy analysis. Single-indicator and whole-asset analogy experiments are then performed with five standard machine-learning algorithms—support vector machine (SVM), random forest (RF), backpropagation neural network (BP), k-nearest neighbor (KNN), and decision tree (DT). Results show that SVM achieves classification accuracies of 86% and 95% in medium-high permeability sandstone oilfields, respectively, greatly surpassing other methods. These results demonstrate the effectiveness of the proposed indicator system and methodology, providing efficient and objective technical support for evaluating and making decisions on overseas oilfield development projects.
ISSN:1996-1073