Few industries are as accustomed to change as oil and gas. From the rapid emergence of new technologies to dramatic ups and downs in the market, the fluid nature of the industry always offers up good discussion material as the year comes to a close. Each year is also tug of war between both good and bad that develops for the industry. 2017 was a good example of that.
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.