Improving Resevoir Management through Big Data Technologies

Abstract

Abstract It’s time to set a realistic and pragmatic plan for implementing Big Data Technologies so we can revive our vision of Real Time Fields and fully capitalize on them the way we planned all along. With the introduction of real time streaming data and the resulting data overload, the petroleum industry has effectively entered into the world of "technical" big data. Using traditional data management techniquess on real time data has resulted in data abbiguity and handicaped our ability to understand the information as it flowes through our hands, we are processing more data but less thoughtfully. Harnessing the power of big data can return us to the concept of diagnose and forecast, enhancing performance, organizations that master this will be capable of responding more rapidly to evolving situations, but success will depend acquiring the expertise.