FORECAST OF CRUDE OIL PRODUCTION OUTPUT IN AN OIL FIELD IN THE NIGER DELTA REGION OF NIGERIA

Crude oil production output forecast is very important in the formulation of genuine and suitable production policies; it is pivotal in planning and decision making. This paper explores the use of forecasting techniques to assist the oil field manager in decision making. In this analysis, statistica...

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Bibliographic Details
Main Authors: Chinedum Mgbemena, Emmanuel Chinwuko
Format: Article
Language:English
Published: Iran University of Science & Technology 2020-03-01
Series:International Journal of Industrial Engineering and Production Research
Subjects:
Online Access:http://ijiepr.iust.ac.ir/article-1-891-en.html