Artificial Intelligence – Finding new hydrocarbon plays within unstructured text (papers, reports and presentations).
Tech start-up Infoscience Technologies reached a milestone this week with its OpportunityFinder® algorithm.
The algorithm makes use of ensemble machine learning models and now over 10,000+ (Ten Thousand) individual clues for identifying potential evidence for source rock, maturation, migration, reservoir, trap, seal and hydrocarbon occurrence.
It’s unique Patent Pending method, inspired by ‘DNA’ sequencing, goes beyond traditional text extraction. The algorithm pattern matches to infer potential non-obvious oil & gas plays that may never be explicitly stated. Meeting the latent need from geoscientists to “show me something I don’t already know”.
This may help prompt new lines of thinking for the geoscientist and open up new ideas, models & exploration business opportunities.
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