Application of Multiple Linear Regression Analysis in Forecasting Ansai Oilfield Output
LI Shuan-bao · Journal of Chengde Petroleum College · 2004
Based on the existing petroleum geological theory,statistic method can be used to find out the internal relationships among variables in order to guide the exploration and development of petroleum.Accordingto the materality information and output data of 53 oil wells in Ansai Oilfield,an output formula was worked out by way of multiple linear regression statistics.This formula can be used to forecast oil wells'output and to make an economical evaluation of the wells.Thus the risks in exploration may be effectively decreased when applied with other evaluation approaches.