Benefits of Digital Transformation and Applied Data Science for the Energy Sector
Why are so many energy companies determined to digitally transform? Modern companies cannot improve margins, grow profits, or beat their peers without gaining insights from their data. To get the full benefits from data, they must transform every business function?from analytics to operations to marketing.
Spotfire® Analytics: Analytics Capabilities for Energy
Energy is a digital business. Top to bottom, Spotfire® analytics with applied data science and TIBCO® integration software play across the spectrum, solving the most complex industry problems.
Data science is a team sport. Data scientists, citizen data scientists, data engineers, business users, and developers need flexible and extensible tools that promote collaboration, automation, and reuse of analytic workflows. But algorithms are only one piece of the advanced analytic puzzle. To deliver predictive insights, companies need to increase focus on the deployment, management, and monitoring of analytic models. Smart businesses rely on platforms that support end-to-end analytics lifecycle while providing enterprise security and governance. Spotfire® Data Science software helps organizations innovate and solve complex problems faster to ensure predictive findings quickly turn into optimal outcomes.
Upstream
In terms of generating value at the Reservoir, Spotfire analytics is across the spectrum from where to drill, how to optimally complete, and how to operate.
Examples of applied Data Science using Spotfire:
Spotfire Real-Time AI Completions Solution - Sharp insights into completion tasks
Completion Demo Main Page.
- Summary and Objective: We worked on this solution along with TIBCO and Spotfire partner Rivitt. The main goal of the solution is to provide an end-to-end solution for well crews and engineers to examine and monitor the real-time completion data (streamed live from the wellpad) and also to perform some data analysis tasks. In this solution, Rivitt will perform the data collection from the wellpad sensors, aggregating it and connecting it to TIBCO data streams, where we connect to that resource from Spotfire. We also have a TDV data source in order to write data back from the Spotfire dashboard.
-
Application landing page sections:
- Overview: An overall glance at all the operations, quick KPIs, and locations of the currently active operation. This page also serves as a daily automated report to the management.
- Treatment Plots (LIVE): Shows a live view of the treatment plot in addition to the current operation important parameters and activity
- Wireline and Coiled Tubing: Shows the Wireline jobs history on the wellpad in addition to the Coiled tubing jobs.
- Pad Metrics: A cost and time analysis per well and per stage over time. This section provides a clear comparison across the wells and within one well. It also gives a summary of the resource utilization
- Stimulation Response: We used some unsupervised learning here performed using Spotfire Data Science to provide an estimate for the formation breakdown pressure and shut-in pressure.
- Click here to visit the demo dedicated page.
Team Presentation to Completion Demo in Energy TechNight, Houston TX (Feb, 2022)
Completion Process as an Example of Process Digital Twin.
Value at the Reservoir
The number of data scientists in reservoir characterization teams continues to increase, but most of their work is oriented toward predicting rock properties, fluid patterns, reservoir quality, production, and well performance. However, to analyze the data and accomplish their goals, they must spend a lot of time conditioning the data, interpreting logs, correlating wells, mapping structures, and generating seismic properties to get the attributes that will then be used to train predictive models, run classifications, and uncover hidden patterns.
(3:32) you will see Spotfire examples for:
- Deep Learning when analyzing Seismic data for reservoir characterization
- Example of Drilling and Completions
- Example of Halo Analysis
- Example of Petrophysical Analysis
Value at the Drill
Get analytics right at the point of the drill bit and understand how to monitor the actual well path.
Real-time determination of the best yet-to-drill path.
Understand the state of your bit and bit wear.
(1:45) you will see Spotfire examples for:
- IIoT at the edge
- Analytics for an Edge: Optimizing Operations in the Energy Sector
Value at the Well
Get the most out of assets!
Production Surveillance, Data Operations, Model Inference, Asset Management.
(1:46) you will see Spotfire examples for:
- IIoT at the Core
- Streaming Oil Well Equipment Surveillance Dashboard Example
Downstream
Examples of applied analytics using Spotfire:
Value at the Grid
Operations Analytics in the Cloud
- Smart Grid/Surveillance.
- Alternate Energy Initiatives.
- Portfolio Operations - Trading and supply chain.
- Spotfire in Energy Trading
- Endesa Transforms for the Digital Energy Era
(0:49) you will see Spotfire examples for value at the grid:
Couple your insights with actions!
Your data insight journey doesn't stop with exploration, and it's actually not complete without taking actions that are coupled with what you learned. Using the new Cloud Actions feature in Spotfire you can trigger an action based on what you see in your data. The demo below shows an example of using and executing specific cloud action in an energy trading demo:
Peek into your historian data in seconds
Accessing your OSIPI Data is pretty straightforward in Spotfire utilizing the power of OSIPI Connector in Spotfire. Using Asset Framework (AF) users can quickly build custom and complex queries without leaving the application. These connectors promote Spotfire custom expressions to produce highly customized and condition-based queries as shown in this Dr. Spotfire episode:
Resources
Read this community page that walks you through the OSIPI connection in Spotfire
Renewable Energy
- TIBCO Renewable Energy: Wind
- Vestas Wind Systems Provides Smart Self-Service Analytics
- Global Electrification: TIBCO Analytics Enables Wind Power around the World
Resources for the Energy Community
- Applied Data-Science ML workshop for O&G: How to create a Spotfire app consuming R/Python scripts
- Blog: The TIBCO Insight Platform?Data and Systems Integration for Industrial Internet Applications in the Energy Sector
- Blog: Big Dollars for big Oil with Big Data- Analytics Saves Billions in Upstream Exploration and Production
- Integration in Oil and Gas
Download pre-configured ML modules (R/python scrips ready to go)
-
- Voronoi Polygons
-
- Points in Polygon
- Weibull Reliability and Optimal Maintenance with TIBCO Spotfire® and TIBCO® Enterprise Runtime for R Article
Webinars/Conferences
- Upcoming events
- Energy User Group 11/04/2020
- Global Electrification: TIBCO Analytics Enables Wind Power around the World Oct21/2020
- User Group-Energy Sep16/2020
- TAF 2019 (TIBCO Analytics Forum)
- Houston Energy Day (Feb 2019)
- SIS Global Forum 2019
-
- Canadian Analytics Symposium | Sep 12, 2019 | Calgary, Alberta, CA
- Canadian Analytics Symposium | May 24, 2018 | Calgary, Alberta, CA
DataSheets
- Spotfire for Utilities
- Spotfire for Well Engineering and Drilling Operations
- Spotfire in Downstream Energy
- Spotfire in Energy Trading
- Spotfire in Oilfield Services
- IDC Analyst Infobrief - Connected Intelligent Assets
Other resources
- TOBCP Partners community page
- TIBCO Location Analytics: Mapping, Computational Geoanalytics and Spatial Statistics with TIBCO Spotfire® and TIBCO® Data Science
- Integration with OSIsoft PI systems
- Spotfire® analytics using AWS, Azure, or GCP
Recommended Comments
There are no comments to display.