Objectives/Scope: To explain and illustrate a data-driven enterprise model, which enables significant performance improvements to oil and gas operators, oilfield services companies and the shipping industry that serves it. Methods, Procedures, Process: Two foundational operating models will be explained, which together enable advanced data analytics based on well managed, trusted data. Both are applicable in business and technical domains. The 7 key factors to succeed in Data Analytics and the 10 critical factors in Data Management will be presented. Results, Insights will be provided into how different aspects of the operating model were implemented, illustrated through case studies obtained through working with small, mid-size and large oil and gas operators; small, medium and large oilfield services companies, shipping brokers, owners and Class Societies Technical insights: Insights into some novel technical aspects will be shared.
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Big Data - the Transformation of the Offshore Oil and Gas and Shipping Sectors Through Big Data and Advanced Analytics
Paper presented at the SNAME 22nd Offshore Symposium, Houston, Texas, February 2017.
Paper Number: SNAME-TOS-2017-022
Published: February 02 2017
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Frost, Colin. "Big Data - the Transformation of the Offshore Oil and Gas and Shipping Sectors Through Big Data and Advanced Analytics." Paper presented at the SNAME 22nd Offshore Symposium, Houston, Texas, February 2017.
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