Browse Items (229 total)

  • Tags: Decision making

Gaining insights from the dense network of interrelated documents involved in E&P projects requires experience, knowledge, and awareness about the existence of the required data. This framework aims to facilitate the decision-making process while…

The concept of digital transformation is based on two principles: data drivenexploiting every bit of data sourceand user focused. The objective is not only to consolidate data from multiple systems, but to apply an analytics approach to extract…

Our research aims to analyze how the uncertainties and risks of the overseas oil & gas investment environment change over time and reveal the specific occurrence probabilities of risk on different levels. In the process of long-drawn overseas oil &…

The oil & gas industry has been value added from our digital assets since this new century, which helped our industry dig out more advanced algorithm, more robust logic to address the challenge from HPHT wells and deep-water wells. Nowadays the…

Oil and Gas operations are now being "datafied." Datafication in the oil industry refers to systematically extracting data from the various oilfield activities that are naturally occurring. Successful digital transformation hinges critically on an…

Energy is one of the key factors for a country's economic and social growth. Bangladesh is constantly seeking sustainable energy sources for securing its increasing energy demand as energy security is a national concern. Currently, Bangladesh is…

In the era of digitization of oil and gas industry, application of big data that is generated in the process of oil and gas exploration and development can boost the construction of digital and intelligent oilfield. The paper has introduced the…

"Big Data is the oil of the new economy" is the most famous citation during the three last years. It has even been adopted by the World Economic Forum in 2011. In fact, Big Data is like crude! Its valuable, but if unrefined it cannot be used. It must…

This paper presents a workflow based on big data analytics to model the reliability of downhole Inflow Control Valves (ICVs) and predict their failures. The paper also offers economic analysis of optimum ICV stroking frequency to maintain valves…

In this paper, an in-depth study on the quantification of influencing factors and big data visualization of key monitoring indicators in the refined oil products market is carried out through fuzzy mathematical methods, and a system for quantifying…

Due to the potential severity of oil and gas pipeline accidents, accurate assessments on the reliability and viability of pipelines in the petroleum industry is of paramount importance. Nevertheless, the safety factor (SF) parameter in some…

Gaining insights from the dense network of interrelated documents involved in E&P projects requires experience, knowledge, and awareness about the existence of the required data. This framework aims to facilitate the decision-making process while…

The concept of digital transformation is based on two principles: data drivenexploiting every bit of data sourceand user focused. The objective is not only to consolidate data from multiple systems, but to apply an analytics approach to extract…

Our research aims to analyze how the uncertainties and risks of the overseas oil & gas investment environment change over time and reveal the specific occurrence probabilities of risk on different levels. In the process of long-drawn overseas oil &…

The oil & gas industry has been value added from our digital assets since this new century, which helped our industry dig out more advanced algorithm, more robust logic to address the challenge from HPHT wells and deep-water wells. Nowadays the…

Oil and Gas operations are now being "datafied." Datafication in the oil industry refers to systematically extracting data from the various oilfield activities that are naturally occurring. Successful digital transformation hinges critically on an…

With the advent of the digital era, oil companies have invested more in obtaining and integrating basic data, and constantly improved the utilization of big data analytics, as an emerging trend, in oil and gas industries, with a view to discovering…

Energy is one of the key factors for a country's economic and social growth. Bangladesh is constantly seeking sustainable energy sources for securing its increasing energy demand as energy security is a national concern. Currently, Bangladesh is…

In the era of digitization of oil and gas industry, application of big data that is generated in the process of oil and gas exploration and development can boost the construction of digital and intelligent oilfield. The paper has introduced the…

"Big Data is the oil of the new economy" is the most famous citation during the three last years. It has even been adopted by the World Economic Forum in 2011. In fact, Big Data is like crude! Its valuable, but if unrefined it cannot be used. It must…

With recent developments in data acquisition and storage techniques, there exists huge amount of available data for data-driven decision making in the Oil & Gas industry. This study explores an application of using Big Data Analytics to establish the…

This paper presents a workflow based on big data analytics to model the reliability of downhole Inflow Control Valves (ICVs) and predict their failures. The paper also offers economic analysis of optimum ICV stroking frequency to maintain valves…

In this paper, an in-depth study on the quantification of influencing factors and big data visualization of key monitoring indicators in the refined oil products market is carried out through fuzzy mathematical methods, and a system for quantifying…

In recent years, there has been a proliferation of massive subsurface data sets from sources such as instrumented wells. This places significant challenges on traditional production-data-analysis methods for extracting useful information in support…

With the continuously progressing of building the intelligent oilfield and the rapid development of the Internet of Things and big data technology, the emerging technologies such as the information acquisition, distributed computing and data mining…

Due to the potential severity of oil and gas pipeline accidents, accurate assessments on the reliability and viability of pipelines in the petroleum industry is of paramount importance. Nevertheless, the safety factor (SF) parameter in some…

The value of global environmental services may change by 30-50$billon depending upon global strategies of growth, and the degree of stewardship versus naked market forces. While corporations and governments claim holistic care and responsibility for…

with the advent of the era of big data, people's way of thinking and habits have changed greatly. In Colleges and universities, big data has the characteristics of massive, high growth and diversity. Colleges and universities should seize the…

With the advent of the digital era, oil companies have invested more in obtaining and integrating basic data, and constantly improved the utilization of big data analytics, as an emerging trend, in oil and gas industries, with a view to discovering…

Gaining insights from the dense network of interrelated documents involved in E&P projects requires experience, knowledge, and awareness about the existence of the required data. This framework aims to facilitate the decision-making process while…

The concept of digital transformation is based on two principles: data drivenexploiting every bit of data sourceand user focused. The objective is not only to consolidate data from multiple systems, but to apply an analytics approach to extract…

The history of oil and gas development and production is a history of data development. The generation of a large amount of information data has laid the cornerstone for the application of big data analysis. How to effectively mine data resources,…

With recent developments in data acquisition and storage techniques, there exists huge amount of available data for data-driven decision making in the Oil & Gas industry. This study explores an application of using Big Data Analytics to establish the…

Our research aims to analyze how the uncertainties and risks of the overseas oil & gas investment environment change over time and reveal the specific occurrence probabilities of risk on different levels. In the process of long-drawn overseas oil &…

The oil & gas industry has been value added from our digital assets since this new century, which helped our industry dig out more advanced algorithm, more robust logic to address the challenge from HPHT wells and deep-water wells. Nowadays the…

In recent years, there has been a proliferation of massive subsurface data sets from sources such as instrumented wells. This places significant challenges on traditional production-data-analysis methods for extracting useful information in support…

Oil and Gas operations are now being "datafied." Datafication in the oil industry refers to systematically extracting data from the various oilfield activities that are naturally occurring. Successful digital transformation hinges critically on an…

Besides the rapid developments in the energy industry, there are substantial technological advances. The energy industry is calling for a strategic transformation of operation and business models through digital technologies and integrated data…

With the continuously progressing of building the intelligent oilfield and the rapid development of the Internet of Things and big data technology, the emerging technologies such as the information acquisition, distributed computing and data mining…

Energy is one of the key factors for a country's economic and social growth. Bangladesh is constantly seeking sustainable energy sources for securing its increasing energy demand as energy security is a national concern. Currently, Bangladesh is…

In the era of digitization of oil and gas industry, application of big data that is generated in the process of oil and gas exploration and development can boost the construction of digital and intelligent oilfield. The paper has introduced the…

"Big Data is the oil of the new economy" is the most famous citation during the three last years. It has even been adopted by the World Economic Forum in 2011. In fact, Big Data is like crude! Its valuable, but if unrefined it cannot be used. It must…

The value of global environmental services may change by 30-50$billon depending upon global strategies of growth, and the degree of stewardship versus naked market forces. While corporations and governments claim holistic care and responsibility for…

When changes happen to big data analytics (BDA) applications in the Cloud at runtime, the affected BDA applications have to be re-deployed to accommodate the changes. Deciding the most suitable deployment is critical and complicated. Although there…

with the advent of the era of big data, people's way of thinking and habits have changed greatly. In Colleges and universities, big data has the characteristics of massive, high growth and diversity. Colleges and universities should seize the…

This paper presents a workflow based on big data analytics to model the reliability of downhole Inflow Control Valves (ICVs) and predict their failures. The paper also offers economic analysis of optimum ICV stroking frequency to maintain valves…

In this paper, an in-depth study on the quantification of influencing factors and big data visualization of key monitoring indicators in the refined oil products market is carried out through fuzzy mathematical methods, and a system for quantifying…

Due to the potential severity of oil and gas pipeline accidents, accurate assessments on the reliability and viability of pipelines in the petroleum industry is of paramount importance. Nevertheless, the safety factor (SF) parameter in some…

In recent years, there has been a proliferation of massive subsurface data from instrumented wells. This places significant challenges on traditional production data analysis methods for extracting useful information, in support of reservoir…

The history of oil and gas development and production is a history of data development. The generation of a large amount of information data has laid the cornerstone for the application of big data analysis. How to effectively mine data resources,…
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