The oil and gas industry operates under a framework defined by capital intensity, intrinsic unpredictability, and considerable financial consequences for postponed adjustments. Many large projects do not do well, and studies show that about 70% of them don't reach their operational or financial goals. These failures...
E. Okoro, I. Okafor, T. Egbe et al.· SPE Nigeria Annual Internati...· 0 citations
Precise and dependable production forecasting is essential for effective business planning in the upstream oil and gas industry. However, conventional spreadsheet-based workflows invariably falter when confronted with contemporary operational difficulties, such as multidisciplinary data silos, non-integrated business...
Lowell Ufot, Justus Uzoma Igwe, I. Okafor et al.· SPE Nigeria Annual Internati...· 0 citations
Accurate production forecasting is a critical input to asset development planning, reserves management, and investment decision-making. However, conventional forecasting techniques, particularly running decline curve analysis in isolation, often fail to capture the dynamic interactions among well scheduling, surface...
Lowell Ufot, Endurance N. Ikhuenbor, S. E. Nathaniel et al.· SPE Nigeria Annual Internati...· 0 citations
Compliance reporting for well integrity remains narration-heavy, labour-intensive, and inconsistent across assets. This study develops a compliance-as-code approach that encodes integrity obligations (hazard identification, risk assessment, barrier verification, documentation) into 187 machine-checkable rules mapped...
O. Ogali, I. Okafor, E. Okoro et al.· SPE Nigeria Annual Internati...· 0 citations
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