Unlocking Valuable Information through Big Data Analytics in Oil and Gas Industry

Published: 13 Jul 2016

Introduction to Big Data Analytics in Oil and Gas

Oil and gas is a data driven industry. Whether it is in upstream, where data form an integral part of exploration and drilling program, or in using smart metering and supervisory control and data acquisition (SCADA) systems in midstream, the industry heavily depends on IT and data analytics to increase the speed of finding oil, enhance oil recovery, and reduce health, safety, and environment risks that arise due to equipment failure or operator error. Over the past few years, a new technology based on commodity hardware (Big data and analytics) has been in place for processing large amount of complex data for reservoir modeling or simulation. This new technology can process high volume of complex data with different scenario and access patterns at relatively less time than conventionally available technology.

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