AGR Software Helps Unlock 50 years of UKCS Data

Aberdeen: Global services and software company, AGR, has used its innovative software to help mine 50 years of North Sea exploration data, as part of a Data Challenge set by Common Data Access (CDA) -  a subsidiary of Oil & Gas UK which was established to facilitate the sharing of well and seismic data by the oil and gas industry.

AGR Software division - which has been at the forefront of real-time, real-data software development for the last decade - was one of nine companies given bulk access to released data stored in CDA's UKOilandGasData repository, to enable them to demonstrate and validate their data science capabilities.

The Unstructured Data Challenge was launched earlier this year with the aim of proving that modern data and information analytics tools can offer valuable insights in the search for hydrocarbons.

The participating companies were asked to analyze documents, images, and other unstructured data arising from a half century of UKCS exploration activity. Using this data they were able to showcase how offshore wells could be planned at a lower cost, geological certainty could be increased and exploration could be made more cost-effective.

AGR and the other participating companies – Agile Data Decisions, Cray Inc., Flare Solutions, Hampton Data Services, Independent Data Services, Kadme, New Digital Business, and Schlumberger Software Integrated Solutions – will reveal their full findings in detail at a workshop on Wednesday 30 November at the Village Hotel in Aberdeen.

Delegates at the workshop will learn more about the value of data science in the subsurface and have opportunity to share their thoughts on how this could be maximised going forward.

Petter Mathisen, AGR's Vice President of Software Solutions (pictured), said: “In the current climate there's a clear need for companies to improve operational efficiencies across the board. The Unstructured Data Challenge has highlighted that modern data and analytical techniques – such as those created and delivered by AGR – play an essential role in offering valuable insight in the search for hydrocarbons.

“Our findings show we are able to extract sections from the unstructured data which could be used to create context and clarity by combining it with the structured data. Even though it is possible to detect anomalies in the structured data, the unstructured data hold the key to finding ways to mitigate the risk or maximize opportunities, and separate noise from information.

“By challenging us to define uses for unstructured data, CDA has allowed us to think more creatively about what value we can extract and create by combining data in new ways. It is inspiring to see that a noted organisation like CDA is working together with the industry to create opportunities and challenge the way we work.

“We are proud to have been one of only a few companies chosen to take part in the challenge and hope that lessons can be learned from the results which allow us to work in more efficient ways going forward.”

More information about the workshop can be obtained here:

New service from OilVoice
Trip Shepherd is for companies who need to track their staff in areas of risk.
It's free to use, so we invite you to try it.

Visit source site

North SeaAberdeenAGRAGR Softwarepetroleum softwaredatawell dataseismic data

More items from mariadjomina

AGR to deliver reservoir modelling support on Draugen field

AGR, the global wells and reservoir consultancy provider, has announced it will be assisting Norwegian operator OKEA by building a new full field reservoir model for the Draugen asset in the Norwegian Sea.  Commenting on the latest assignment, André Sæthern, AGR's VP of Reservoir Management, said: ...

Maria Djomina - AGR

Posted 4 months agoPress > North SeaNorwegian North SeaOKEA +5

Andrew Stannard assumes the role as Chief Operating Officer for AGR’s UK and Africa business

AGR announces that Andrew Stannard will lead its business unit in the UK and Africa and will become a member of the company's global Management team . Andrew succeeds highly respected, long term region manager Ian Burdis who will continue as EVP of the UK & Africa region with the main responsibili ...

Maria Djomina - AGR

Posted 5 months agoPress > North SeaAGRAppointments +3

MOL Norge Selects AGR for Well and Drilling Engineering

AGR has been awarded a Frame Agreement with the Hungarian Operator MOL. The agreement covers the supply of technical support within drilling and well engineering to the Operator's Norwegian arm. The award adds to the ongoing collaboration the two companies have been enjoying in the recent years. ...

Maria Djomina - AGR

Posted 2 years agoPress > AGRwell managementreservoir modeling +5

Digital Knowledge Management leads to Cost-Effective Field Development

Stimulating the engineering teams to make “lessons-learned” recording an automated and standardised process? Huge amounts of data are being created and captured throughout the asset life. While there has been an exceptional evolution in developing software technologies for digitalising and stan ...

Maria Djomina - AGR

Posted 2 years agoOpinion > E&P SoftwareOil softwarepetroleum software +6

Real Time Data for Well Design Optimisation, Not Just Drilling Optimisation

AGR Software participated in SPE Intelligent Energy presenting a paper that focussed on using available and recorded data for improving well design, resulting in improved operational performance of new projects. SPE Intelligent Energy (IE) aims to bring together the global E&P industry to discu ...

Maria Djomina - AGR

Posted 2 years agoPress > E&P Softwarepetroleum softwareOil software +8
All posts from mariadjomina