Big Data for Oil and Gas Companies -Use Cases
Category: Energy

Big Data for Oil and Gas Companies -Use Cases

The oil and gas industry in the U.S. has changed dramatically over the past few years. According to an Energy Information Administration (EIA) report, the U.S. may stop importing oil by 2037, as abundant domestic crude supplies push production to the level of consumption. Due to increased oil well production and a gradual shift to a technology and data-driven oilfield, the EIA predicts that oil production will increase to about 13 million barrels a day over the next two decades.

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