Modified aquila optimizer for forecasting oil production
نویسندگان
چکیده
Oil production estimation plays a critical role in economic plans for local governments and organizations. Therefore, many studies applied different Artificial Intelligence (AI) based methods to estimate oil countries. The Adaptive Neuro-Fuzzy Inference System (ANFIS) is well-known model that has been successfully employed various applications, including time-series forecasting. However, the ANFIS faces shortcomings its parameters during configuration process. From this point, paper works solve drawbacks of by optimizing using modified Aquila Optimizer (AO) with Opposition-Based Learning (OBL) technique. main idea developed model, AOOBL-ANFIS, enhance search process AO use AOOBL boost performance ANFIS. proposed evaluated real-world datasets collected from oilfields several metrics, Root Mean Square Error (RMSE), Absolute (MAE), coefficient determination (R2), Standard Deviation (Std), computational time. Moreover, AOOBL-ANFIS compared models include Particle Swarm Optimization (PSO)-ANFIS, Grey Wolf (GWO)-ANFIS, Sine Cosine Algorithm (SCA)-ANFIS, Slime Mold (SMA)-ANFIS, Genetic (GA)-ANFIS, respectively. Additionally, it time series forecasting methods, namely, Autoregressive Integrated Moving Average (ARIMA), Long Short-Term Memory (LSTM), Seasonal (SARIMA), Neural Network (NN). outcomes verified high which outperformed classic models.
منابع مشابه
ELMAN Neural Network with Modified Grey Wolf Optimizer for Enhanced Wind Speed Forecasting
The scope of this paper is to forecast wind speed. Wind speed, temperature, wind direction, relative humidity, precipitation of water content and air pressure are the main factors make the wind speed forecasting as a complex problem and neural network performance is mainly influenced by proper hidden layer neuron units. This paper proposes new criteria for appropriate hidden layer neuron unit’s...
متن کاملOil Reservoir Production Forecasting with Uncertainty Estimation Using Genetic Algorithms
A genetic algorithm is applied to the problem of conditioning the petrophysical rock properties of a reservoir model on historic production data. This is a difficult optimization problem where each evaluation of the objective function implies a flow simulation of the whole reservoir. Due to the high computing cost of this function, it is imperative to make use of an efficient optimization metho...
متن کاملModified Discrete Grey Wolf Optimizer Algorithm for Multilevel Image Thresholding
The computation of image segmentation has become more complicated with the increasing number of thresholds, and the option and application of the thresholds in image thresholding fields have become an NP problem at the same time. The paper puts forward the modified discrete grey wolf optimizer algorithm (MDGWO), which improves on the optimal solution updating mechanism of the search agent by th...
متن کاملAn integrated GA-time series algorithm for forecasting oil production estimation: USA, Russia, India, and Brazil
This study presents an integrated algorithm for forecasting oil production based on a Genetic Algorithm (GA) with variable parameters using stochastic procedures, time series and Analysis of Variance (ANOVA). The significance of the proposed algorithm is two fold. First, it is flexible and identifies the best model based on the results of ANOVA and MAPE, whereas previous studies consider the be...
متن کاملForecasting Crude Oil Price Volatility
We use high-frequency intra-day realized volatility to evaluate the relative forecasting performance of several models for the volatility of crude oil daily spot returns. Our objective is to evaluate the predictive ability of time-invariant and Markov switching GARCH models over different horizons. Using Carasco, Hu and Ploberger (2014) test for regime switching in the mean and variance of the ...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Geo-spatial Information Science
سال: 2022
ISSN: ['1993-5153', '1009-5020']
DOI: https://doi.org/10.1080/10095020.2022.2068385