BigData in Oil and Gas

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Big Data Analytics Increase Hydrocarbon Recovery and Improve Decision-Making


Forces such as rising energy prices, diminishing supplies of hydrocarbons and the pressure to reduce greenhouse gas emissions are leading the oil and gas industry to seek better solutions. The industry is making efforts to optimize recovery, improve drilling efficiency and streamline performance forecasts. One key to this approach is finding new ways to turn big data captured by hundreds of sensors on drilling rigs and other equipment into business knowledge that can improve productivity and efficiency.