Recognizing the Value of Untapped Data Assets: Big Data and Analytics in Oil and Gas

In this whitepaper, IDC Energy Insights addresses the use of Big Data and analytics in the oil and gas industry. The document explores two examples of how Big Data and analytics technologies are currently being used to improve water injection strategy and reduce the time and cost to drill. It also addresses how Big Data and analytics can help enhance production, speed resource discovery, or provide early warning of potentially disruptive incidents.

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Over $1 million

In projected opportunities

50,000/car/second

Thousands of data points per car, per second understood with TIBCO Spotfire

21,000

Crewmembers who access and use Spotfire dashboards

18–24 Hours

to spot patterns in new data

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