US Patent Issued to Saudi Arabian Oil on Feb. 17 for "Automated decline curve and production analysis using automated production segmentation, empirical modeling, and artificial intelligence" (Saudi Arabia, American Inventors)

ALEXANDRIA, Va., Feb. 17 -- United States Patent no. 12,553,329, issued on Feb. 17, was assigned to Saudi Arabian Oil Co. (Dhahran, Saudi Arabia).

"Automated decline curve and production analysis using automated production segmentation, empirical modeling, and artificial intelligence" was invented by Uchenna Odi (Houston), Karri Srinivasa Reddy (Dhahran, Saudi Arabia) and Cenk Temizel (Dhahran, Saudi Arabia).

According to the abstract* released by the U.S. Patent & Trademark Office: "A computer-implemented method for automated decline curve and production analysis using automated production segmentation, empirical modeling, and artificial intelligence. The method includes segmenting historical production data based on a change in a centra...