Data science is transforming the energy industry, especially in the oil and gas sector. Visual data science takes this transformation one step further by combining the power of visual exploration with advanced statistical methods. In a recent webinar, Spotfire’s Alessandro Chimera, Industry Solution Lead, Dan Rope, Senior Principal Product Manager, and Glenn Hoskins, Senior Principal Solution Architect, discussed how visual data science is helping companies like Wintershall Noordzee and Enertel save millions on future drilling and reduce the time to gather and analyze data with supercharged energy analytics.
Why Spotfire for energy?
Spotfire is a critical platform deployed throughout energy operations. It offers robust solutions for energy challenges with a unique approach to visual data science—helping energy companies increase efficiency, remain agile in a global environment, and reduce risk.
Spotfire® Data Science combines visual data science with advanced industry-specific algorithms, empowering engineers to make faster, more informed decisions. Spotfire provides engineers with much-needed capabilities for day-to-day tasks.
Drilling into key capabilities
Spotfire Data Science goes the extra mile in offering energy-specific visualizations, algorithms, and connectivity, which are vital in optimizing well placements and conducting evaluations of leased lands. Spotfire accentuates its usefulness in the energy sector by leveraging geospatial transformations, distance computations, and dynamic time warping.
Moreover, with the Spotfire® Data Science add-ons, new visualizations and capabilities are accessible directly from the product, particularly advantageous when tackling energy-specific use cases.
See energy analytics in action
3D visualizations and data functions can be intelligently utilized at various stages of the exploration, drilling planning, logging, and completions life cycle. This demo details a 3D surface and line chart, alongside a well spacing diagram in a Spotfire analysis, and shows how a real-time data feed can enhance drilling operations.
Watch the full webinar, now on demand
Want to hear more from our experts about advancements in energy analytics? Watch the full webinar to learn more, or reach out to the team directly to discuss your visual data science journey.