Winning in Oil and Gas with Big Data Analytics
نویسندگان
چکیده
Ravigopal Vennelakanti Anshuman Sahu, Ph.D. Umeshwar Dayal, Ph.D. OVERVIEW: Disruptive innovation in an unconventional oil and gas industry such as the shale industry offers a promise to change the world’s economies. Advances in technologies such as horizontal directional drilling and hydraulic fracturing have fueled growth in the industry. However, oil and gas industry operators are facing tough business challenges. Shale sub-surface geology poses challenges in terms of proper characterization. Operators want to maximize production output from their acreage through assembly-scale operations. The orthodox approach of modeling the shale upstream operations have proven inadequate. Big data technologies can augment traditional methods in developing a deep understanding of the shale oil and gas operations to address the challenges faced by operators in a holistic way. Hitachi prioritizes the requirements by understanding such customer challenges through voice-of-customer surveys. Collaboratively creating solutions with customers, and collaboratively evolving the lifecycle of the solution with the customer as the focus has been championed by Hitachi’s oil and gas analytics technology. Hitachi consolidates and builds analytics on data from multiple upstream processes which gives the customer multiple, rich contextual views.
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