Big Data in Oil and Gas: The Intelligent Oilfield

July 31, 2015 | State of the Market Report

Whether oil prices are soaring or sliding, digital technology plays a key role in finding more oil, extracting it efficiently, and keeping producers in the black. But adoption and implementation of new technologies can take decades, hurting financial, environmental, and human safety goals. As the Internet of Things expands the technologies and data available at every stage of the exploration and production process, and Big Data and analytics learn to make sense of it, companies must prioritize use cases that matter most.

Coverage Areas

  • Digital Transformation
  • Exploration and Production
  • Industrial Big Data and Analytics
  • Owning the Energy Transition

Table of Contents

  • Executive Summary
  • Landscape
    Big Oil has dealt with Big Data from exploration and production equipment for decades. But adoption and rollout are still stuck in pockets, putting profits, the planet, and people at risk.
  • Analysis
    With mountains of structured and unstructured data, technology developers need to approach Big Data analysis problem first, identifying high-value use cases with measurable paybacks.
  • Outlook
  • Endnotes

Lead Analysts

Mark Bunger
VP of Research
+1 (415) 810-8888
Daniel Choi
Research Associate
+1 (917) 484-4869
Colleen Kennedy
Analyst

Contributors

Brent Giles, Ph.D.
Kevin See, Ph.D.

About Lux Research

Lux Research is a leading provider of tech-enabled research and advisory solutions, helping clients drive growth through technology innovation. A pioneer in the research industry, Lux uniquely combines technical expertise and business insights with a proprietary intelligence platform, using advanced analytics and data science to surface true leading indicators. With quality data derived from primary research, fact-based analysis, and opinions that challenge traditional thinking, Lux clients are empowered to make more informed decisions today to ensure future success.

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