While U.S. oil production has begun expanding – so much so that the International Energy Agency predicts that by 2016 the US will surpass Saudi Arabia and Russia – the rest of the world’s oil production has ceased to expand.
In an effort to streamline and optimize oil and gas production methods, advances in instrumentation, process automation, collaboration, and data management are being developed. Apache Hadoop stores large amounts of data (both machine and human generated), helping companies produce and deliver oil and gas more quickly, in larger amounts, and at lower cost. Here are specific use cases for Hadoop in the oil and gas industry.
Author: Dave Mendle