Application of Loess Procedure in Modelling Geothermal Well Data

Geothermal means heat from the earth. This heat can be harnessed through drilling of geothermal wells which takes between 60 and 90 days depending on the rock formation. After drilling, data for measuring well output is collected. These data which includes wellhead pressure, lip pressure and the weir height depicts heavy tailedness characteristics and therefore an attempt to fit OLS model leads to model misspecification. In this book, loess procedure has been used to fit the data. The methodology used in identifying the right parameters for the loess procedure has been defined in detail.

Autorentext

The author is a mathematics scholar with vast experience in data analytics. He holds a Masters Degree in Statistics, Post Graduate Diploma in Project Management and a Bachelors Degree in Mathematics. The author has over 8 years of experience in geothermal industry and has researched and published widely in various areas.