Use big data analytics to efficiently drive oil and gasexploration and production
Harness Oil and Gas Big Data with Analytics provides acomplete view of big data and analytics techniques as they areapplied to the oil and gas industry. Including a compendium ofspecific case studies, the book underscores the acute need foroptimization in the oil and gas exploration and production stagesand shows how data analytics can provide such optimization. Thisspans exploration, development, production and rejuvenation of oiland gas assets.
The book serves as a guide for fully leveraging data,statistical, and quantitative analysis, exploratory and predictivemodeling, and fact-based management to drive decision making in oiland gas operations. This comprehensive resource delves into thethree major issues that face the oil and gas industry during theexploration and production stages:
* Data management, including storing massive quantities of datain a manner conducive to analysis and effectively retrieving,backing up, and purging data
* Quantification of uncertainty, including a look at thestatistical and data analytics methods for making predictions anddetermining the certainty of those predictions
* Risk assessment, including predictive analysis of thelikelihood that known risks are realized and how to properly dealwith unknown risks
Covering the major issues facing the oil and gas industry in theexploration and production stages, Harness Big Data withAnalytics reveals how to model big data to realize efficienciesand business benefits.
Keith Holdaway
Economics Finanz- u. Wirtschaftsstatistik Oil & Energy Economics Öl- u. Energieökonomie Statistics Statistics for Finance, Business & Economics Statistik Volkswirtschaftslehre