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"Big data combined with smart people and smart software is proving to be very powerful." (Jeff Spath, 2014 SPE President; JPT January 2014)
What is "big data"? The term "big data" refers to more than simply a large volume of different types of data, both structured and unstructured, with varying degrees of accuracy. It also includes a suite of applications providing solutions and analysis -- a data-centric method adept at uncovering otherwise invisible patterns and connections by linking disparate data types.
Large volumes of data are nothing new to the oil and gas industry. With the continued world-wide expansion of Intelligent Digital Oilfield (DOF) assets and projects, coupled with the exponential growth in the volume and complexity of acquired data, the industry needs to rapidly adapt to a new generation of technology and processes.
Find out more about Big Data in the following SPE resources:
Management: Using Big Data Analysis Tools To Understand Bad Hole Sections on the UK Continental Shelf Joe Johnston, CGG, and Aurelien Guichard, Teradata (Journal of Petroleum Technology, October 2015).
Next Generation of Smart Reservoir Management: The Eminent Role of Big Data Analytics, SPE Forum Series, 18-21 January 2016, Dubai, UAE.
Transforming E&P Applications through Big Data Analytics, SPE On-Demand Web Event, 9 July 2015.
Petroleum Data Driven Analytics Technical Section
What is an SPE Forum?
SPE Forums are unique, by-invitation-only SPE events that bring together top technologists, innovators, and managers to address a specific industry challenge. Participation in a forum builds a professional network that will enhance a career for a lifetime. Participants are encouraged to come prepared to contribute their experience and knowledge, rather than be spectators or students. The objective is to create a collaborative, idea-generating arena that stimulates new ideas and innovation about future challenges facing the E&P industry.
Who should participate?
- Experienced professionals who want to exchange ideas with others in your area of technical expertise. Forums offer an exclusive opportunity to interact with innovators, seasoned professionals, and leading technologists.
- Young professionals with relevant experience and knowledge of the forum topic. Forums are a window on the future that belongs to the next generation of professionals.
Participants at SPE Forums are selected by the Forum Steering Committee based on the ability to contribute to the discussion of the topic. Attendance is limited to maximize each person's opportunity to contribute. For more details: SPE Forums
SPE sponsors Faculty Enhancement Travel Grants that provide financial support for university faculty to attend SPE conferences, workshops, and forums.
Selected faculty may use the funds for event registration fees, and travel costs.
Learn more and apply today.
The application deadline is 15 November.
Join Shahab Mohaghegh on 27 October at 0800 (CDT, GMT -6) as he presents a live web event on The Data Journey in the E&P Industry.
Learn more and register.