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As we’ve met more companies and gotten to know their processes, the same question comes up: Is your company utilizing analytics? The answer varies from company to company but there is a consistent pattern to all their answers. While many companies are using some kind of analytics, they’re not using the right analytics; or worse, they aren’t even collecting the proper data in order to make their analysis beneficial. As big data sweeps into the oil and gas industry, it’s clear that those companies who are slow to incorporate data and analytics into their process will be the companies who fall behind.
We’ve put together a comprehensive white paper explaining this issue and how to solve it. It’s time to ask yourself, before it’s too late, Are you ready to compete in the age of analytics?
Despite the greater emphasis placed on safety and mitigation procedures, serious incidents continue to plague the oil and gas industry. While major international players can absorb financial losses resulting from multiple breakdowns, structural and environmental damage, and litigation, just one incident of incorrect operation or equipment failure can put an enterprising small oil or gas […]
Jodi Rell, who served as the 87th governor of Connecticut, said, “At the end of the day, the goals are simple: safety and security.” How very true. Yet while the goals may be simple, the means to achieve them can be complex and costly. The oil and gas industries require multiple insurances: general liability, […]
In a previous blog, we discussed pipeline safety and the main causes of pipeline leaks. While it did cite some statistics about spill incidents affecting U.S. waterways, the article focused more on leaks occurring at overland pipelines. Today’s focus is on offshore spills, specifically along the southern California coastline. What we know so far […]
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