Dalal AL-Alimi1, Mohammed A. A. Al-qaness2,3,*, Robertas Damaševičius4,*
CMC-Computers, Materials & Continua, Vol.82, No.2, pp. 3539-3561, 2025, DOI:10.32604/cmc.2025.059869
- 17 February 2025
Abstract Accurate forecasting of oil production is essential for optimizing resource management and minimizing operational risks in the energy sector. Traditional time-series forecasting techniques, despite their widespread application, often encounter difficulties in handling the complexities of oil production data, which is characterized by non-linear patterns, skewed distributions, and the presence of outliers. To overcome these limitations, deep learning methods have emerged as more robust alternatives. However, while deep neural networks offer improved accuracy, they demand substantial amounts of data for effective training. Conversely, shallow networks with fewer layers lack the capacity to model complex data distributions… More >