Predictive Analytics for Sucker Rod Pump Failures in Kazakhstani Oil Wells Using Machine Learning.

In the process of developing mature deposits, a number of geological and technological complications arise. In order to increase the smooth operation of downhole pumping equipment in oil and gas wells, companies use various methods and techniques. This article presents a novel methodology for predicting downhole pumping equipment failures. A detailed analysis was conducted on historical data regarding downhole pumping equipment failures, which were then incorporated into algorithms to calculate the operation of downhole equipment. As a result, it was discovered that in order to predict failures of downhole equipment, it is crucial to consider the historical data of the field and perform an assessment of the well's potential. In the process of building a failure prediction model, the authors encountered the quality and completeness of historical data from the pilot field. They concluded that the data classes needed to be more balanced. The authors applied machine learning approaches to an imbalanced dataset. The significance of our approach lies in its ability to forecast equipment failures, thereby ensuring the smooth operation of wells operated by sucker rod pumps. [ABSTRACT FROM AUTHOR]