What the Frack: U.S. Energy Prowess With Shale, Big Data Analytics
As shocking as it might seem, for the first time in decades the U.S. is an energy superpower. According to the International Energy Agency, by 2016 the U.S. will surpass Saudi Arabia and Russia to become the world’s largest oil producer. But, fracking remains a suboptimum process making operators leave billions behind.
Shale oil and gas production presents a number of analytical challenges and opportunities because of the growing volume, velocity and variety of data that needs to be analyzed and interpreted to make mission critical investment and drilling decisions.
Enter Prescriptive Analytics and its ability to combine insights videos, images, sounds, texts and numbers to help improve production performance from unconventional plays.