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1/26/2023

Big Data or Big Data analytics

• Refers to a technology which can be employed to


Big Data Analytics handle large datasets.
& • Oil and gas industry has become a massive data
Internet of Things intensive industry – Sensors & advanced data
collection techniques
in
• Big data includes unstructured (not organized and
Upstream Oil and Gas Industry text-heavy) and multi-structured data (including
different data formats resulting from
people/machines interactions)

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Applications of Big Data in oil and gas


• Characteristics – 6 V’s
industry
• Volume, Variety, Velocity, Veracity, Value, and
• Analyzing seismic and micro-seismic data
Variability
• Improving reservoir characterization and simulation
• Reducing drilling time and increasing drilling safety
• Optimization of the performance of production
pumps
• Improved petrochemical asset management
• Improved shipping and transportation
• Improved occupational safety
• Reduce capital and operational expenses
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Real Time Drilling Supervisory control and


Monitoring & Control data acquisition
Systems
(SCADA)

Seismic Exploration

Drilling

Surface Production Facilities 5 6

Production Modelling
Petroleum Data Analytics & IOT

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