Upstream exploration and production data are very complex in nature with large amounts of data. We, hence, need a proper data management solution to aggregate and cleanse data collected and stored from different sources.
Modern Analytics tools such as seismic software, data visualization, etc are very useful in maintaining data. They facilitate effective time management, identification and mapping of new oil reservoirs, and optimize operational costs.
Benefits for the company
With Big Data Analytics companies can explore these data and find the best location for drilling, improve recovery rates, avoid accidents and reduce environmental impact. Big Data Analytics helps in avoiding damage and reducing the downtime of the high maintenance machinery. It provides actionable insights that will be helpful in the critical decision-making process saving time.
Type of expertise/ AI domain
Big Data, Data Management, and Predictive analytics
Internal data required
All the data in O&G industry