Wiley and SAS Business
2 total works
Enhance Oil and Gas Exploration with Data-Driven Geophysical and Petrophysical Models
by Keith R. Holdaway and Duncan H. B. Irving
Enhance Oil & Gas Exploration with Data-Driven Geophysical and Petrophysical Models demonstrates a new approach to geophysics and petrophysics data analysis using the latest methods drawn from Big Data. Written by two geophysicists with a combined 30 years in the industry, this book shows you how to leverage continually maturing computational intelligence to gain deeper insight from specific exploration data. Case studies illustrate the value propositions of this alternative analytical workflow, and in-depth discussion addresses the many Big Data issues in geophysics and petrophysics. From data collection and context through real-world everyday applications, this book provides an essential resource for anyone involved in oil and gas exploration.
Recent and continual advances in machine learning are driving a rapid increase in empirical modeling capabilities. This book shows you how these new tools and methodologies can enhance geophysical and petrophysical data analysis, increasing the value of your exploration data.
- Apply data-driven modeling concepts in a geophysical and petrophysical context
- Learn how to get more information out of models and simulations
- Add value to everyday tasks with the appropriate Big Data application
- Adjust methodology to suit diverse geophysical and petrophysical contexts
Data-driven modeling focuses on analyzing the total data within a system, with the goal of uncovering connections between input and output without definitive knowledge of the system's physical behavior. This multi-faceted approach pushes the boundaries of conventional modeling, and brings diverse fields of study together to apply new information and technology in new and more valuable ways. Enhance Oil & Gas Exploration with Data-Driven Geophysical and Petrophysical Models takes you beyond traditional deterministic interpretation to the future of exploration data analysis.
This comprehensive resource delves into the three major issues that face the oil and gas industry during the exploration and production stages: * Data management, including storing massive quantities of data in a manner conducive to analysis and effectively retrieving, backing up, and purging data * Quantification of uncertainty, including a look at the statistical and data analytics methods for making predictions and determining the certainty of those predictions * Risk assessment, including predictive analysis of the likelihood that known risks are realized and how to properly deal with unknown risks Covering the major issues facing the oil and gas industry in the exploration and production stages, Harness Big Data with Analytics reveals how to model big data to realize efficiencies and business benefits.