Big Data, Analytics, and the Value of Diverse Perspectives- An Example from the Permian Basin, West Texas, USA
Companies have invested in accessing, cleaning, and managing big data from the petroleum industry. Powerful analytics now allow geoscientists and engineers to examine a petroleum basin’s diverse resource and long-term production potential. Knowledge of the raw data, ability to formulate insightful questions, and the experience to evaluate the answers are fundamental parts of petroleum data and analytics. It is the diverse perspectives and creativity of geoscientists in concert with engineering and technological advances that ultimately can create value.
Big Data, Analytics, and the Value of Diverse Perspectives- An Example from the Permian Basin, West Texas, USA
Speaker: Denise M. Cox | AAPG President
January 16, 2019 | 11:30 am doors open
Companies have invested in accessing, cleaning, and managing big data from the petroleum industry. Powerful analytics now allow geoscientists and engineers to examine a petroleum basin’s diverse resource and long-term production potential. Knowledge of the raw data, ability to formulate insightful questions, and the experience to evaluate the answers are fundamental parts of petroleum data and analytics. It is the diverse perspectives and creativity of geoscientists in concert with engineering and technological advances that ultimately can create value.
Time slices of wells drilled in the Permian Basin of West Texas overlain on structure and coded by stratigraphy or reservoir name demonstrate how the exploration and development of the basin’s petroleum systems has evolved. Historical knowledge of the play concepts, enhanced recovery methods, and drilling technology illustrate how data and analytics can be used to learn from a petroleum basin’s past, understand the value of current development, and make projections about future potential.
Register Now
Join us for a meet and greet networking event with Denise Cox, AAPG President, on January 15th from 4:30 - 6:00 at the Barley Mill. Registration is $15 and includes one drink ticket and appetizers.
To register for the reception - click here