The oil and gas industry deals with the production of oil and gas with huge investments and risks. The three big problems the oil industry faces which consume money and produce data are:
Data science can provide confidence and accuracy with each decision by helping the oil and gas industry learn more about each system, reducing risk and optimizing operations and costs. Some solutions are:
In oil and gas industry each System needs a different approach for more production, profitably and safety and data science will help us to reach this using the existing data in faster and smarter ways.