Kuwait Petroleum’s patent involves a method to estimate permeability values using regression algorithms on well logs with core-analysis-based data. The model is calibrated for accuracy and consistency checks are performed. This innovation aids in planning hydrocarbon production efficiently. GlobalData’s report on Kuwait Petroleum gives a 360-degree view of the company including its patenting strategy. Buy the report here.
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According to GlobalData’s company profile on Kuwait Petroleum, was a key innovation area identified from patents. Kuwait Petroleum's grant share as of May 2024 was 42%. Grant share is based on the ratio of number of grants to total number of patents.
Estimating permeability values based on well logs for production planning
A recently granted patent (Publication Number: US11966828B2) discloses a method and apparatus for estimating permeability values based on well logs. The method involves selecting training and test data from well logs with known core-analysis-based permeability values, training two regression algorithms to create a depth blended model for estimating permeability, adjusting algorithm parameters based on consistency checks, and applying the model to estimate permeability values for wells without core-analysis data. These estimated values are crucial for planning hydrocarbon production, enhancing decision-making processes in the oil and gas industry.
The apparatus described in the patent includes a processor that selects and processes the training data, trains regression algorithms, and performs consistency checks to estimate permeability values. The apparatus also features a communication interface for data exchange and user interaction. By utilizing various well log data such as total porosity, gamma ray, and resistivity, the apparatus can generate accurate permeability estimates. The use of advanced regression algorithms like gradient boosting and random forest, along with well-by-well quality checks, ensures the reliability of the estimated values. Overall, this patented technology offers a sophisticated solution for estimating permeability values, contributing to efficient hydrocarbon production planning and resource management in the oil and gas sector.
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GlobalData’s Patent Analytics tracks patent filings and grants from official offices around the world. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.
