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Application of Big Data in Petroleum Streams

Application of Big Data in Petroleum Streams
Author: Jay Gohil
Publisher: CRC Press
Total Pages: 171
Release: 2022-05-09
Genre: Computers
ISBN: 1000580024
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The book aims to provide comprehensive knowledge and information pertaining to application or implementation of big data in the petroleum industry and its operations (such as exploration, production, refining and finance). The book covers intricate aspects of big data such as 6Vs, benefits, applications, implementation, research work and real-world implementation pertaining to each petroleum-associated operation in a concise manner that aids the reader to apprehend the overview of big data’s role in the industry. The book resonates with readers who wish to understand the intricate details of working with big data (along with data science, machine learning and artificial intelligence) in general and how it affects and impacts an entire industry. As the book builds various concepts of big data from scratch to industry level, readers who wish to gain big data-associated knowledge of industry level in simple language from the very fundamentals would find this a wonderful read.

Machine Learning and Data Science in the Oil and Gas Industry

Machine Learning and Data Science in the Oil and Gas Industry
Author: Patrick Bangert
Publisher: Gulf Professional Publishing
Total Pages: 290
Release: 2021-03-04
Genre: Science
ISBN: 0128209143
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Machine Learning and Data Science in the Oil and Gas Industry explains how machine learning can be specifically tailored to oil and gas use cases. Petroleum engineers will learn when to use machine learning, how it is already used in oil and gas operations, and how to manage the data stream moving forward. Practical in its approach, the book explains all aspects of a data science or machine learning project, including the managerial parts of it that are so often the cause for failure. Several real-life case studies round out the book with topics such as predictive maintenance, soft sensing, and forecasting. Viewed as a guide book, this manual will lead a practitioner through the journey of a data science project in the oil and gas industry circumventing the pitfalls and articulating the business value. Chart an overview of the techniques and tools of machine learning including all the non-technological aspects necessary to be successful Gain practical understanding of machine learning used in oil and gas operations through contributed case studies Learn change management skills that will help gain confidence in pursuing the technology Understand the workflow of a full-scale project and where machine learning benefits (and where it does not)

Data Analytics in Reservoir Engineering

Data Analytics in Reservoir Engineering
Author: Sathish Sankaran
Publisher:
Total Pages: 108
Release: 2020-10-29
Genre:
ISBN: 9781613998205
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Data Analytics in Reservoir Engineering describes the relevance of data analytics for the oil and gas industry, with particular emphasis on reservoir engineering.

Enhance Oil and Gas Exploration with Data-Driven Geophysical and Petrophysical Models

Enhance Oil and Gas Exploration with Data-Driven Geophysical and Petrophysical Models
Author: Keith R. Holdaway
Publisher: John Wiley & Sons
Total Pages: 368
Release: 2017-10-09
Genre: Business & Economics
ISBN: 1119215102
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Leverage Big Data analytics methodologies to add value to geophysical and petrophysical exploration data Enhance Oil & Gas Exploration with Data-Driven Geophysical and Petrophysical Models demonstrates a new approach to geophysics and petrophysics data analysis using the latest methods drawn from Big Data. Written by two geophysicists with a combined 30 years in the industry, this book shows you how to leverage continually maturing computational intelligence to gain deeper insight from specific exploration data. Case studies illustrate the value propositions of this alternative analytical workflow, and in-depth discussion addresses the many Big Data issues in geophysics and petrophysics. From data collection and context through real-world everyday applications, this book provides an essential resource for anyone involved in oil and gas exploration. Recent and continual advances in machine learning are driving a rapid increase in empirical modeling capabilities. This book shows you how these new tools and methodologies can enhance geophysical and petrophysical data analysis, increasing the value of your exploration data. Apply data-driven modeling concepts in a geophysical and petrophysical context Learn how to get more information out of models and simulations Add value to everyday tasks with the appropriate Big Data application Adjust methodology to suit diverse geophysical and petrophysical contexts Data-driven modeling focuses on analyzing the total data within a system, with the goal of uncovering connections between input and output without definitive knowledge of the system's physical behavior. This multi-faceted approach pushes the boundaries of conventional modeling, and brings diverse fields of study together to apply new information and technology in new and more valuable ways. Enhance Oil & Gas Exploration with Data-Driven Geophysical and Petrophysical Models takes you beyond traditional deterministic interpretation to the future of exploration data analysis.

How to Use Big Data Technologies to Optimize Operations in Upstream Petroleum Industry

How to Use Big Data Technologies to Optimize Operations in Upstream Petroleum Industry
Author: Abdelkader Baaziz
Publisher:
Total Pages: 7
Release: 2015
Genre:
ISBN:
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“Big Data is the oil of the new economy” is the most famous citation during the three last years. It has even been adopted by the World Economic Forum in 2011. In fact, Big Data is like crude! It's valuable, but if unrefined it cannot be used. It must be broken down, analyzed for it to have value. But what about Big Data generated by the Petroleum Industry and particularly its upstream segment? Upstream is no stranger to Big Data. Understanding and leveraging data in the upstream segment enables firms to remain competitive throughout planning, exploration, delineation, and field development.Oil & Gas Companies conduct advanced geophysics modeling and simulation to support operations where 2D, 3D & 4D Seismic generate significant data during exploration phases. They closely monitor the performance of their operational assets. To do this, they use tens of thousands of data-collecting sensors in subsurface wells and surface facilities to provide continuous and real-time monitoring of assets and environmental conditions. Unfortunately, this information comes in various and increasingly complex forms, making it a challenge to collect, interpret, and leverage the disparate data. As an example, Chevron's internal IT traffic alone exceeds 1.5 terabytes a day.Big Data technologies integrate common and disparate data sets to deliver the right information at the appropriate time to the correct decision-maker. These capabilities help firms act on large volumes of data, transforming decision-making from reactive to proactive and optimizing all phases of exploration, development and production. Furthermore, Big Data offers multiple opportunities to ensure safer, more responsible operations. Another invaluable effect of that would be shared learning.The aim of this paper is to explain how to use Big Data technologies to optimize operations. How can Big Data help experts to decision-making leading the desired outcomes?

Big Data

Big Data
Author:
Publisher:
Total Pages: 156
Release: 2011
Genre: Competition, International
ISBN:
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Exploring the Boundaries of Big Data

Exploring the Boundaries of Big Data
Author: Bart van der Sloot
Publisher:
Total Pages: 0
Release: 2016
Genre: Big data
ISBN: 9789462983588
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In the investigation Exploring the Boundaries of Big Data The Netherlands Scientific Council for Government Policy (WRR) offers building blocks for developing a regulatory approach to Big Data.

Knowledge Graphs and Big Data Processing

Knowledge Graphs and Big Data Processing
Author: Valentina Janev
Publisher: Springer Nature
Total Pages: 212
Release: 2020-07-15
Genre: Computers
ISBN: 3030531996
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This open access book is part of the LAMBDA Project (Learning, Applying, Multiplying Big Data Analytics), funded by the European Union, GA No. 809965. Data Analytics involves applying algorithmic processes to derive insights. Nowadays it is used in many industries to allow organizations and companies to make better decisions as well as to verify or disprove existing theories or models. The term data analytics is often used interchangeably with intelligence, statistics, reasoning, data mining, knowledge discovery, and others. The goal of this book is to introduce some of the definitions, methods, tools, frameworks, and solutions for big data processing, starting from the process of information extraction and knowledge representation, via knowledge processing and analytics to visualization, sense-making, and practical applications. Each chapter in this book addresses some pertinent aspect of the data processing chain, with a specific focus on understanding Enterprise Knowledge Graphs, Semantic Big Data Architectures, and Smart Data Analytics solutions. This book is addressed to graduate students from technical disciplines, to professional audiences following continuous education short courses, and to researchers from diverse areas following self-study courses. Basic skills in computer science, mathematics, and statistics are required.

Intelligent Digital Oil and Gas Fields

Intelligent Digital Oil and Gas Fields
Author: Gustavo Carvajal
Publisher: Gulf Professional Publishing
Total Pages: 376
Release: 2017-12-05
Genre: Technology & Engineering
ISBN: 012804747X
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Intelligent Digital Oil and Gas Fields: Concepts, Collaboration, and Right-time Decisions delivers to the reader a roadmap through the fast-paced changes in the digital oil field landscape of technology in the form of new sensors, well mechanics such as downhole valves, data analytics and models for dealing with a barrage of data, and changes in the way professionals collaborate on decisions. The book introduces the new age of digital oil and gas technology and process components and provides a backdrop to the value and experience industry has achieved from these in the last few years. The book then takes the reader on a journey first at a well level through instrumentation and measurement for real-time data acquisition, and then provides practical information on analytics on the real-time data. Artificial intelligence techniques provide insights from the data. The road then travels to the "integrated asset" by detailing how companies utilize Integrated Asset Models to manage assets (reservoirs) within DOF context. From model to practice, new ways to operate smart wells enable optimizing the asset. Intelligent Digital Oil and Gas Fields is packed with examples and lessons learned from various case studies and provides extensive references for further reading and a final chapter on the "next generation digital oil field," e.g., cloud computing, big data analytics and advances in nanotechnology. This book is a reference that can help managers, engineers, operations, and IT experts understand specifics on how to filter data to create useful information, address analytics, and link workflows across the production value chain enabling teams to make better decisions with a higher degree of certainty and reduced risk. Covers multiple examples and lessons learned from a variety of reservoirs from around the world and production situations Includes techniques on change management and collaboration Delivers real and readily applicable knowledge on technical equipment, workflows and data challenges such as acquisition and quality control that make up the digital oil and gas field solutions of today Describes collaborative systems and ways of working and how companies are transitioning work force to use the technology and making more optimal decisions