Classical and machine learning modeling of crude oil production in Nigeria: Identification of an eminent model for application

The production and exportation of petroleum plays a dominant role in Nigeria’s economy. A drastic fall in the quantity of crude oil produced is fatal to the Nigerian economy since Nigeria depends heavily on the oil sector. Different classical statistical methods have been used to model the crude oil...

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Bibliographic Details
Main Authors: Chukwudi Paul Obite, Angela Chukwu, Desmond Chekwube Bartholomew, Ugochinyere Ihuoma Nwosu, Gladys Ezenwanyi Esiaba
Format: Article
Language:English
Published: Elsevier 2021-11-01
Series:Energy Reports
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2352484721003620