In the oil and gas industry, organizations must apply new technologies and processes that will capture and transform raw data into actionable insight to improve asset value and yield while enhancing safety and protecting the environment. The biggest challenge the industry faces is so-called 'data democratization, or making the data available to decision-makers across several … [Read more...] about Operational Data and Information Management Practices
oil and gas
Operational Data and Information Management Practices
In the oil and gas industry, organizations must apply new technologies and processes that will capture and transform raw data into actionable insight to improve asset value and yield while enhancing safety and protecting the environment. The biggest challenge the industry faces is so-called 'data democratization, or making the data available to decision-makers across several … [Read more...] about Operational Data and Information Management Practices
4 Factors to Unlock the Big Data Promise for the Oil & Gas Industry
With the continuing uncertainty caused by the oil price collapse, many oil companies will have to revise their corporate strategy, focusing on core assets and cost discipline. This is where having an effective data and technology strategy comes in, says Emmanuel Udeh, subsurface data analyst, Beneprojecti Nigeria Ltd. One key learning from the Big Data Analytics for Oil & … [Read more...] about 4 Factors to Unlock the Big Data Promise for the Oil & Gas Industry
Why The Oil and Gas Industry Needs Data Democratization
The upstream oil and gas industry needs to focus on data democratisation to gain return on innovation through big data, says Dr. Satyam Priyadarshy, chief data scientist, Halliburton. The rise of big data is featuraing strongly in the upstream oil and gas industry, and along with it comes the challenge of growth in dark data. Gartner defines dark data as the information assets … [Read more...] about Why The Oil and Gas Industry Needs Data Democratization
2nd Big Data Analytics in Oil & Gas
As the amount of oil and gas data increases exponentially, new thinking, synchronised processes and advanced technologies will play a part if the full value of the data is to become a reality - in terms of better decision making, reduced operational costs, greater efficiency and increased production output. Since our first Big Data event last April, there have been some big … [Read more...] about 2nd Big Data Analytics in Oil & Gas
