Unconventional Resource Development Prescriptive analytics

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examples of structured , unstructured data sets generated , oil , gas companies , ecosystem of service providers can analyzed using prescriptive analytics software


with value of end product determined global commodity economics, basis of competition operators in upstream e&p ability deploy capital locate , extract resources more efficiently, effectively, predictably, , safely peers. in unconventional resource plays, operational efficiency , effectiveness diminished reservoir inconsistencies, , decision-making impaired high degrees of uncertainty. these challenges manifest in form of low recovery factors , wide performance variations. prescriptive analytics software can accurately predict production , prescribe optimal configurations of controllable drilling, completion, , production variables modeling numerous internal , external variables simultaneously, regardless of source, structure, size, or format. prescriptive analytics software can provide decision options , show impact of each decision option operations managers can proactively take appropriate actions, on time, guarantee future exploration , production performance, , maximize economic value of assets @ every point on course of serviceable lifetimes.








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