Application and development trend of artificial intelligence in petroleum exploration and development

The design and efficiency of offshore petroleum acreage bidding systems bear directly on the risk and cost for participants investing in exploration and development projects offshore Australia.Companies, financiers and investors who are interested in investing in petroleum exploration and development activities will find a mixed regime of State and Federal legislation governs such activities in Australia.While the concept of the work program bidding system appears to be sound, the administration of it by the Joint Authorities and Designated Authorities and delegated officers potentially creates many uncertainties for permittees.The approval process is generally a costly and time consuming one under the work program bidding system and its administrative cost diverts funds that otherwise may have been directed to exploration activities.Work program permits are also susceptible to uncertainty and dispute as to whether or not the required work program has been met. Issues of proper or improper exercise of discretionary powers can arise, particularly when wide statutory discretionary powers are in practice circumscribed by Administrative Guidelines.The existence of statutory and administrative discretion requires, in the interests of natural justice, that there be appropriate avenues of appeal for aggrieved permittees. All of the foregoing regulation and cost is removed with cash bid permits. Cash bid permits not only reduce costs for Government but also for industry.The authors are of the view that offering permits by way of the cash bidding system should be reintroduced, with modifications to ensure its efficiency.

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LEGAL CONTROLS OVER PETROLEUM EXPLORATION AND DEVELOPMENT OFFSHORE WESTERN AUSTRALIA

The APPEA Journal ◽

10.1071/aj78024 ◽

1979 ◽

Vol 19 (1) ◽

pp. 219

Author(s):

A.G. Thompson

Keyword(s):

Western Australia ◽

The State ◽

Petroleum Exploration ◽

State Control ◽

Mixed Regime ◽

Environmental Controls ◽

Petroleum Resources ◽

Legal Controls ◽

Exploration And Development ◽

Offshore Petroleum

Increased petroleum exploration and development activities offshore Western Australia will continue to attract the focus of many companies, contractors and investors who will find that their exploration and development activities and operating practices are controlled by a mixed regime of State and Federal legislation. This mixed regime has its sources in international and constitutional law.Working within these controls is not assisted by the complexity of State and Commonwealth jurisdictional problems in respect to offshore areas. Certain governmental arrangements between the State and the Commonwealth, however, facilitate continued exploration activity offshore, whilst some of the legal issues remain to be resolved. Some guiding principles as to what laws apply offshore and to what extent, are indicated.The consultative arrangements between the State and the Commonwealth under the Offshore Petroleum Code allow for Commonwealth ownership and State control of offshore petroleum resources to co-exist. These are commented upon and the Petroleum (Submerged Lands) Acts are analysed with respect to the nature and security of petroleum titles; the setting, performance and variation of work and monetary obligations; the range of administrative discretion in relation thereto; the transferability of petroleum interests and the rate and calculation of royalties.Directions regulating offshore operations generally and covering exploration, reporting, platforms, pipelines, production and work practices are explained. Some of the environmental controls are also mentioned.

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TRENDS IN DATA ANALYSIS FOR PETROLEUM EXPLORATION AND DEVELOPMENT

The APPEA Journal ◽

10.1071/aj84032 ◽

1985 ◽

Vol 25 (1) ◽

pp. 382

Author(s):

R.O. Lindseth

Keyword(s):

Petroleum Industry ◽

Petroleum Exploration ◽

Precise Form ◽

Fifth Generation ◽

Power And Control ◽

And Control ◽

Generation Computer ◽

Analytical Power ◽

Operations Systems ◽

Exploration And Development

The computer world is presently locked in a race to produce the futuristic fifth generation computer, one which will simulate some parts of human intelligence. At the back of this is the current interest in expert systems and their adaptation to petroleum exploration and development. Converging hardware and software technologies, combined with industry requirements, show a definite trend to move from the emphasis on hardware and operations systems toward software and informational systems. It is not possible to predict the precise form in which this will impact petroleum industry operations but it is certain that much greater analytical power and control will rest in the hands of the interpreters enabling much higher rates of productivity and effectiveness in the location of hydrocarbon reservoirs.

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Research Progress and Application of Computer Artificial Intelligence Technology

MATEC Web of Conferences ◽

10.1051/matecconf/201817601043 ◽

2018 ◽

Vol 176 ◽

pp. 01043 ◽

Cited By ~ 1

Author(s):

Jin Wei

Keyword(s):

Artificial Intelligence ◽

Rapid Development ◽

Science And Technology ◽

Development Trend ◽

Concept Development ◽

Research Progress ◽

Huge Amount ◽

Development History ◽

Artificial Intelligence Technology ◽

Major Application

With the development of science and technology, artificial intelligence technology has received more and more attention and attention. Under the background of the rapid development of big data and cloud computing, the artificial intelligence industry broke out. There is a huge amount of research on artificial intelligence and the artificial intelligence industry is huge. As far as the artificial intelligence industry in China is concerned, even the start is relatively late, but the industry scale, industrial layout, and technology research are all in a continuous improvement stage. Especially after the deepening of the layout of science and technology and manufacturing industries, the scale of artificial intelligence industry is further developed. More artificial intelligence products will appear at the same time. From the perspective of the concept, development history and new progress of artificial intelligence, this paper combines China’s artificial intelligence market and the development of artificial intelligence companies to analyze the current major application areas, and then further explore the future development trend of artificial intelligence.

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