Bayesian change point prediction for downhole drilling pressures with hidden Markov models - Erivwo, Ochuko; Makis, Viliam; Kwon, Roy (Applied stochastic models in business and industry, 2024)
Keywords: Algorithms; auto regression; Bayesian analysis; Bayesian change point prediction; Construction costs; Cost control; Differential pressure; Drilling; D‐exponent; EM algorithm; Evolution; Failure; hidden Markov models; Markov chains; Markov processes; Optimization; Parameters; Real time; Statistical inference; Stochastic models; Stochastic processes; Time dependence; Well construction; Well engineering