In today's world, traditional methods of drilling oil wells don't work. Yesterday's practices are being superseded by a universal trend towards the extensive use of historical and real-time data to understand, learn and predict all well intervention operations. This book explores the impact of data analytics on well operations. Drawn from the author's extensive experience in data analysis, it examines, in easily understandable terms, today's data management processes. The book explores issues related to: Basic concepts of data management for drilling; Methods of using data as a basis for improving and optimizing process control; Achieving a common understanding of the issues involved among information technology personnel and field engineers; A roadmap for the implementation of a drilling process improvement system; Business Intelligence as the ultimate goal of any data management process; Discussions about data acquisition, quality control, storage, retrieval and analyses; Map intelligence; Understanding operational time and trouble analyses; learning curve, technical limit and benchmarking; Real business cases to illustrate the concepts explored in the book. The book is designed for a broad audience, including drilling personnel, managers, data analysts, and all professionals involved in the use of data to improve drilling operations.
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|Size: ||10.7 MB|
|Publisher: ||Genesis Publishing and Services Pty Ltd|
|Date published: || 2014|
|ISBN: ||9780994164216 (DRM-EPUB)|
|Read Aloud: ||not allowed|