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Monday, April 13, 2015

Oil and Gas Analytics

Oil prices shrunk from $115 a barrel to less than $50 a barrel forcing energy firms to reconsider their strategy. Break-even price of producing a barrel of oil needs to be reduced to counter falling prices. Reports have stated that better data analysis could boost production of oil & gas companies by up to 6-8 percent.

There is a whitepaper about Oil and Gas Analytics from Knowledge Management Solutions, a Singapore based Business Intelligence and Analytics solution provider, explains how BI can boost Oil & Gas Industry :
  • Exploration and production analysis
  • Loss code analysis
  • Drilling and Completion analysis
  • Health, Safety, Environment & Security analysis
  • Production Optimization analysis
Oil and Gas Analytics dashboard screen - Production Surveilance
A sample Oil and Gas Analytics dashboard screen - Production Surveilance
You can download the White paper on Interactive Business Intelligence for Oil & Gas Industry.


3 comments:

  1. I just read your blog post, and it's incredibly informative and insightful! Thank you for sharing such valuable knowledge. If anyone is looking for reliable oil and gas accounting software, I highly recommend OptiOil. Our software suite offers advanced oil and gas production software, ensuring efficiency and precision in operations. Keep up the great work!

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  2. Raven Labs provides insightful information that supports data-driven initiatives that increase productivity, profitability, and long-term success in all industries.
    business intelligence and consulting

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