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Oil and gas companies are regularly faced with many industry-specific issues to overcome. Such issues, including exploration and drilling, are often complex and intricate processes with many unique challenges to overcome. Data analytics can play a massive part in streamlining some of the most fundamental operations that are involved in the oil and gas industry.
For the oil and gas industry, the application of data analytics is genuinely game-changing. Huge sets of data can be analyzed to help engineers forecast potential issues before they arise and cause considerable problems. Avoiding such issues can provide a massive boost to revenue and operational efficiency.
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Contributing Writers
Oil and gas operations are commonly found in remote locations far from company headquarters. Now, it's possible to monitor pump operations, collate and analyze seismic data, and track employees around the world from almost anywhere. Whether employees are in the office or in the field, the internet and related applications enable a greater multidirectional flow of information – and control – than ever before.
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