Digital transformation: After the big data, what next?

Digital transformation: After the big data, what next?

Decision making

Big data

Gas industry

Data acquisition

Distributed parameter control systems

Metadata

Data visualization

History

Our definition of 'The Big Data' is the ability of having all the data set at the point of decision-making.Several documented research shows that less than 5% of all the data acquired in the oil and gas industry areactually utilised. Despite these challenges most operating assets, still keep acquiring more data and creatingdata-load that are never utilised or put into use. This paper aims to demonstrate the reason(s) why we havethis data-load and instigate a solution path in managing this challenge for value realisation. Data is a corporate asset in any organisation but the default 'silo' work culture in most operating assetmakes it difficult to get the relevant insight from these data. Organisation must be deliberate in creatingthe right data architecture from the data process domain through into the distributed control system, intothe data historian, then within the data platform and the visualization realm and finally into the workflowdomain. It is at the workflow domain that we get the 'game-changer' otherwise called value. This is thedifferentiating factor in delivering the 'Big Data' into the space of benefit realisation. This was what wasachieved in a field in Niger Delta and has been shared compared to global best practice. The documented result from this case study showed that any data architecture should be framed to addressasset business need, right from the data process domain function through to the data historian into theworkflow level where the business objective is addressed. Data must be application-centric accounting forscalability, accessibility, security and business performance. Assets need to be clear on why they are acquiring data and not just continuous acquisition of more datawith the resultant effect of data-load without answering the question

what next after data acquisition? Thispaper provides the answer of what next after data acquisition and serves as a quick reference tool for similarchallenge elsewhere, not limited to the oil and gas industry. 2020 Society of Petroleum Engineers - SPE Nigeria Annual International Conference and Exhibition 2020, NAIC 2020.All right reserved.

Udofia, Emmanuel

Buduka, Stanley

Akpabio, Julius

Egwu, Saviour

Udofia, Edwin

Olagunju, Daniel

SPE Nigeria Annual International Conference and Exhibition 2020, NAIC 2020, August 11, 2020 - August 13, 2020

2020

conferencePaper