Downstream Optimization

Oil & Gas Drilling, Transportation, Refining

Oil refineries use water in huge volume in the processing of crude oil and gas. An American digital oilfield solutions company, Digital H2O has developed predictive algorithms based software system that is providing solutions for water management in the oil and gas industry.

Cloud-based services also help distributors by analyzing data effectively and increasing modeling speed for forecasting revenues.

Benefits for the company

Advanced analytics is used to develop a smart forecast and flow method to identify the underlying pattern in production data and to forecast the production performance to improve operation efficiency.

Feasability

High

Type of expertise/ AI domain

Advanced Analytics, Machine Learning and Statistics

Internal data required

Production data

Research Paper

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