Anadarko wants to increase value to its stockholders, and the plan was to do that by lowering operating cost and improving technology. Its Advanced Analytics and Emerging Technology organization was created to achieve those objectives.
In drilling, there are 86,000 rows of data a day from a single rig, and if there are 12 to 20 rigs, the rows of data multiply to millions very quickly. “We wanted answers and context, not just numbers,” said Data Scientist Dingzhou Cao. With analytics, everyone could look at data in the same way, whether they were a driller, consultant, or engineer.
This case study explores the approach the oil drilling company undertook to achieve its business goals using TIBCO Spotfire analytics technology.
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