Big data in oil n gas (1)
1
Big Data in Oil n Gas How can it impact Oil n Gas Outcomes ? Key Themes What is the $ impact ? Which Upstream data to Monetize ? 1. Drilling 4 HSE 2 Discovery 3 MTBF 5 Opex 1. Geospatial Data 2D / 3D / 4D 2. MWD Measurement While Drilling 3. LWD Logging While Drilling 4. SCADA Historian 5. Depth Tracking Sensors 6. Proximity Sensors 7. Mud Flow Rates 8. CO2/H2S Gas Detectors 9. Pump Valve Sensor Per Barrel Average finding and development (F&D) cost of operators Acquisition, processing seismic data. $7-15 $30 Million Cost of oneshore drilling $5-10 Million 100 Million Cost of offshore drilling Imagine the Power of 1 % 10. Condition Monitoring
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Transcript of Big data in oil n gas (1)
Big Data in Oil n GasHow can it impact Oil n Gas Outcomes ? Key Themes
What is the $ impact ?
Which Upstream data to Monetize ?
1.
Drilling
4
HSE2
Discovery3
MTBF5
Opex
1.Geospatial
Data2D / 3D / 4D
2.MWD
MeasurementWhile
Drilling
3.LWD
LoggingWhile
Drilling
4.SCADA
Historian
5.Depth
TrackingSensors
6.ProximitySensors
7.Mud Flow
Rates
8.CO2/H2S Gas
Detectors
9.PumpValve
Sensor
Per Barrel Average finding
and development (F&D) cost
of operatorsAcquisition, processing seismic
data.
$7-15$30 Million
Cost of oneshore drilling
$5-10 Million
100 MillionCost of offshore drilling
Imagine the Power of 1 %
10.Condition
Monitoring
