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Real-time production monitoring in oil and gas industry has become very significant particularly as fields become economically marginal and reservoirs deplete. Virtual flow meters (VFMs) are intelligent systems that infer multiphase flow rates from ancillary measurements and are attractive and cost-effective solutions to meet monitoring demands, reduce operational costs, and improve oil recovery efficiency...
Virtual flow metering (VFM) is an attractive and cost-effective solution to meet the rising multiphase flow monitoring demands in the petroleum industry. It can also augment and backup physical multiphase flow metering. In this study, a heterogeneous ensemble of neural networks and regression trees is proposed to develop a VFM model utilizing bootstrapping and parameter perturbation to generate diversity...
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