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The dirtiest part of drilling for fossil fuels might not be the equipment, the oil and gas, or even the drilling mud. What's too often the dirtiest, meanest part might be extracting data and refining it for critical insights with data tools unfit for the job. Looking after a rig or a whole asset, you need a tool that immediately updates information as you change wells or filter conditions.
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In this Webcast Jill Feblowitz, Vice President, Utilities and Oil and Gas at IDC Insights will share insights from across the industry regarding how a Big Data and Analytics strategy is helping a number of organizations tackle the issues of enhancing production in conventional and unconventional plays, speeding resource discovery and provide early warning of disruptive events.
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"We could see all our data in every dimension that’s important, easily filter it and watch it instantaneously change to answer our key questions…it’s like the nirvana of data analysis."
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"The first reaction was "WOW"...how can it be this easy?"
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With the need for new sources of power generation to meet increasing demand, NextEra Energy deployed the TIBCO Spotfire S+ statistical analysis and programming environment to integrate statistical modeling and data mining into its wind prospecting assessment with a goal to develop a 10,000 megawatt (MW) wind generation facility.
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This webcast covers predictive and event-driven analytics applications for oil and gas exploration, including interactive multivariate Spotfire visualizations enabled with modeling, simulation, forecasting, optimization and data mining methodologies.
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"We were really surprised at how easy it was to put data into Spotfire"
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In this webcast, Steve Farr of TIBCO Spotfire presents energy use cases and applications demonstrating how Spotfire’s dimension-free data exploration platform empowers customers to develop more effective strategies for hydrocarbon production optimization.
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In this webcast, Clay Harter of TIBCO OpenSpirit and Steve Farr of TIBCO Spotfire demonstrate how the OpenSpirit Extension for Spotfire delivers advanced statistical analysis for more accurate forecasts and reduced exploration costs.