Drilling Data Vortex: Where the bits meet the bits

Nonfiction, Science & Nature, Technology, Petroleum, Computers, Application Software, Business Software
Cover of the book Drilling Data Vortex: Where the bits meet the bits by Carlos Damski, Genesis Publishing and Services Pty Ltd
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Author: Carlos Damski ISBN: 9780994164216
Publisher: Genesis Publishing and Services Pty Ltd Publication: November 10, 2014
Imprint: Genesis Publishing and Services Pty Ltd Language: English
Author: Carlos Damski
ISBN: 9780994164216
Publisher: Genesis Publishing and Services Pty Ltd
Publication: November 10, 2014
Imprint: Genesis Publishing and Services Pty Ltd
Language: English

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 Yesterday's practices are being superseded by a universal trend towards the extensive use of historical and real-time data to understand, learn and predict all well intervention operations.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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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 Yesterday's practices are being superseded by a universal trend towards the extensive use of historical and real-time data to understand, learn and predict all well intervention operations.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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