Tag: big oil

How big data is helping big oil save money on drilling

How big data is helping big oil save money on drilling

Written by on June 23, 2017 in Features with 0 Comments

(Reuters) – In today’s U.S. shale fields, tiny sensors attached to production gear harvest data on everything from pumping pressure to the heat and rotational speed of drill bits boring into the rocky earth. The sensors are leading Big Oil’s mining of so-called big data, with some firms envisioning billions of dollars in savings over […]

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