improved shipping and transportation,and improved occupational safety are among some of the applications of Big Data in oil and gas industry.Although the oil and gas industry has become more interested in utilizing Big Data analytics recently,but,there are still challenges m...
Oil and gas companies will need to improve their analytics capabilities in order to compete in an industry where decisions are moving faster and the stakes are growing ever higher.
"More data has been created over the last two years than the last 5,000 years. That's a challenge and an opportunity," said Darryl Willis, Vice President of Oil, Gas & Energy at Google Cloud. ATCE also celebrated the accomplishments of E&P professionals and the industry. More than 50 in...
A recent GE/Accenture report shows that 81% of senior executives believe that big data analytics is one of the top three corporate priorities for the oil and gas industry through 2018. Decision makers are convinced that if other industries such as airlines and consumer Internet players such as ...
Data & Analytics Whitepaper: Test Procedures, FMEA and SIF Proof Test Coverage January 23 by Oil & Gas IQ Understanding Test Coverage Factors is crucial because they reveal how effectively safety checks can identify potential issues in complex systems, such as industrial processes or critical ...
Big data analytics is the practise of analysing big and diverse data sets in order to assist enterprises in making more informed business decisions. Furthermore, the use of big data in the oil and gas industry has improved data management efficiency by integrating real-time production, maintenance...
Implementing real-time automation and big data analytics has become vital for the oil and gas industry. Real-time automation refers to using a control system, sensors, and an IT solution to monitor or control operations in real-time. It leads to faster decision-making and efficiency in ...
Growing Influence of Big Data in the Oil and Gas Industry Big data and data analytics are being used in the oil and gas sector to process and analyze large datasets. The data comes in two categories — structured data such as risk and project management documents, seismic surveys, surface an...
and philosophies that have emerged in organizations that are leading the way inBig Data. The comparison shows that, in companies that are widely considered to be leaders in BigData analytics, data is regarded as a valuable asset—but this is usually not true within the oil and gas industry ...
Optimize energy investments with precise well forecasts and well-level upstream data. Energy Data Analytics for oil & gas operators and investors