Oil and Gas Analytics Using Big Data Under the Guidance of Mr. Ankit Vishnoi Submitted By: Naman Mittal Shannon Bhati 1
Introduction Big Data and analytics technologies economically extract : V alue from very large volumes of a wide variety of data (structured and unstructured ) Enables high-velocity capture, discovery, and/or analysis. 2
Introduction (Cont.) The oil and gas indu s try is data - dri v en and depends on informat i on techno l ogy : to maintain the supply and demand data prediction of demand on the basis of previous supply-demand ratio reduce hea l th, s afet y , and en v ironment ris ks that come w ith equ i pment failure or operator er r o r . 3
Objective To design and develop an Analytic Tool using Apache Hadoop for the supply and demand for Oil and Gas Industry. 4 The tool will Analyze Hydrocarbons Assets present and their demand Generate Demographic data, Historical oil & gas exploration, delivery, and pricing data
Big Data in action in Oil & Gas
What to Look for… A s o l u t i o n t hat m e e t s p er f o r ma nce a n d I/O st o ra ge c h alle n g e s : Re l i a b i li t y a n d a v a i l a b i li t y of I/O s t o r a g e Hig h - p er f o r m a n c e fi l e m a n a g e m ent M ore e f fi c i ent wo r kflo w 6
Expected Result Re c o g n i ze the va l u e of unt a p p ed d a ta a s se ts; bu i ld u s e c a s es to ad dre s s t he chal l en ges a n d co n n e ct tho s e u se cases to b u si n e s s va l u e . Und ers ta n d the c om pet i tiv e impl i ca ti ons of op e r at i ng with o u t a ll the i nfo r mat i on at your d i sp o s a l . Con d u ct a g a p a n a ly s i s to d ete r mine what n e w te c h n o l o gy a n d s ta f f i nves t me nts a r e r e q u i r ed . Con s ide r a s ha r ed se rv ices model with othe r o il a n d g as c om p a n i es to r e d uce c o sts. 7