OPTIMIZING OIL RIG OPERATIONS: LEVERAGING SUPPERVISED LEARNING AND EMERGING TECHNOLOGIES FOR ENHANCED EFFICIENCY

  • Unique Paper ID: 180062
  • Volume: 12
  • Issue: 1
  • PageNo: 124-127
  • Abstract:
  • —The proposed system is an advanced platform tailored for oil rig operations, managing the lifecycle of oil extraction, processing, and distribution through integrated modules for Clients, Extraction, Lab, Transport, and Admin. Clients can register, manage demands, payments, and track shipments, while extraction teams handle extraction details and payments. Laboratory personnel ensure quality by managing and updating oil tests, and transport teams handle logistics and delivery updates. Admins oversee the entire operation, ensuring coordination and compliance. A machine learning algorithm enhances the system by predicting oil demands based on historical and external data, and an optimization algorithm allocates resources efficiently, dynamically adjusting operations to optimize schedules, reduce costs, and improve overall efficiency. This integration ensures streamlined, cost-effective processes and improved client satisfaction within the oil rig industry.

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