Steam Optimization in R (a Xeek Competition)
Marcelo Guarido, Daniel O. Trad, David J. Emery, Brian H. Russell
Xeek Steam Optimization and Other Oddities is hosting a competition on oil production data using steam injection wells. Using steam injection information from different wells, the goal is to predict what is the remaining oil in the reservoir. During the lab, we will go through the original provided dataset, analyzing its variables, showing a problem with two of them (as pointed in the competition website), and how it impacts the predictions using a XGBoost model.
For this event, we will do a hands-on demonstration on how to use a the XGBoost and Tidymodels libraries in R