A Method to the Madness

Anyone can conduct multi-variate analysis (MVA) and come up with correlations between possible cause and effect. But the results can often be complete madness. It takes frac experts like Liberty to follow a proper analysis method to determine if trends are valid and make physical sense. We are real-data guys and gals, and love to learn from the message contained in completion and production data. This paper presents a comparison of statistical and machine-learning methods to evaluate relationships between completion and petrophysical parameters and production.

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