Thegrey prediction model is a scientific and effective prediction method for small amounts of incomplete data. In this paper, we proposed a particle swarm optimization for mixed mutant slime mold (namely SCPSO) combined with an extended adaptive Grey-Markov modified model called AOPGM(1,1,λ,µ), which constructs an AOPGM(1,1,λ,µ) based hyperparameters optimization for SCPSO. Firstly, the values of the exponential cumulative generation operator coefficient λ and the background value µ of the adaptive Grey-Markov modified model are refined, and λ and µ are also calculated using SCPSO. Secondly, a competitive SCPSO is formed by introducing a good point set, identifying attack strategy, mutation slime mold algorithm, and Sigmoid function into particle swarm optimization. It was also compared with the improved optimization algorithms on the CEC2020 test set and with classical and newer intelligent algorithms on the CEC2022 test set. The results of numerical experiments show that SCPSO can be considered a competitive and promising global optimization algorithm. Finally, SCPSO is used to optimize the hyperparameters of the AOPGM(1,1,λ,µ) and applied to the prediction of oil production and proven reserves in China. In terms of optimizing the hyperparameters of the AOPGM(1,1,λ,µ), the numerical experimental results of this method were better than the prediction results of 7 intelligent algorithms and the results of 4 prediction models. The validity of the proposed methodology was verified through five evaluation indicators.
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