Friday, June 6, 2014

Using Data in the Drilling Industry

The use of data in today’s industries has greatly increased from what it once was. One specific industry is that of the drilling industry. What once was recorded only on paper by hand has now been passed to computers to manage and track. If I was in charge of keeping track of all that information, you can be sure there would be some mistakes made! Data is a big part of the drilling process and is used for a variety of reasons including for safety, management and analysis.

What once was all done by hand has now been passed to computers. This not only helps minimize mistakes, but it also allows more data to be produced. Now a timeline is available to the operation engineers and overseers to see what is happening at all times not only onsite but also remotely. In the past, this was done through fax or over the phone but the data was limited. However, today with the advancement of technology, all the data can be placed directly in front of you no matter where you are. 

One of the main reasons data is recorded, is for analysis. The data provides insight which enables the operator to see how to improve future well operations. 

In many regions, local and federal governments require well-operations and equipment reports to be submitted either electronically or through hard-copy. Tracking this data through historian software make this very simple for organizations to create these and manage these reports.   

So what does all this mean and how does it relate to you? Simple. If data has changed this one industry, improving and advancing it, don’t you think that data has the potential to improve your industry as well? We live in a world that is constantly changing and people are realizing how important information can be.

Data has the power to change. Change how we do things; change how we see things. We know that to improve something, we need to intimately understand how a system works. Data gives the understanding that companies need to profit and grow. This is what makes it valuable. This is why using data in the drilling industry has increased and made it the industry that it is today.

Source
http://petrowiki.org/Drilling_data_management

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