Entering the 21st digital age, emphasis on data management is at its height, and even more so for the oil and gas industry. Always been data-driven, the OG sector is also facing enormous challenges. Unconventional plays and the introduction of new exploration technologies are enabling more accurate forecasts, yet at the same time an exponential growth of data, in terms of volume, variety, velocity. As the key assets of the O&G companies, how can one generate extra value out of these unstructured data? What is the new and innovative approach to manage the traditional data crunching? And how is the existing IT system going to support such transformation?
This marcus evans forum will look at how E&P data experts are confronted by new sets of data issues, and more importantly – the best practice and approach to overcome them. With a lot of other data-intensive industries deploying ‘Big Data Analytics’, this event will also delve into the core of this industry buzz word – if it is something worth adopting in the O&G sector?