CDA and ECIM host workshop on Data Science and Analytics in oil and gas

Data management leaders gathered in Aberdeen on 10th February 2016 for the second joint ECIM / CDA workshop, investigating the role new data science and analytics techniques can play in increasing the profitability of the North Sea oil industry.

Steve Harrison of Scottish Enterprise got the workshop started with a thought-provoking and challenging overview of the value reaped in other industries from the creative application of data science and analytics, setting the scene for presentations from industry experts from Maersk Oil, EMC, Tessella, CGG, and Teradata on progress that has already been made towards reducing downtime, increasing productivity and improving decision-making in oil and gas.

Malcolm Fleming, Chief Executive of CDA, said: “Data science and analytics techniques have been shown in other industries to dramatically reduce costs and to increase work efficiency. Now, we must take these techniques and apply them in the North Sea, so that lifting costs and overheads may structurally be reduced and marginal fields returned to profitability, leading to a brighter future for oil and gas in the UK.”

Proceedings of the workshop are available for download