Which applications of Big Data will produce the most value for our company?
Which organizational model will help us achieve that value?
Do we have the right capabilities and talent to make the most of our data?
Geology interpretation.Analyzing the geology below the surface and comparing it against well performance can help companies improve their ability to characterize shale basins with less trial and error.
New well delivery.Better analytics can improve the way companies manage the entire process of drilling and connecting a well, reducing lag time and minimizing the number of wells in process at a time. For example, transmitting microseismic, 3D imaging over fiber-optic cables can improve new well delivery performance.
Well and field optimization.Collecting and analyzing massive volumes of geologic, operational and performance data, each with many variables constantly changing, can help companies improve and optimize drilling parameters, well spacing and completions techniques, especially as they drill more wells and bring them online.