Data analytics
Term · Oil and gas · MLC-T-OAG-000951
The process of inspecting, cleansing, transforming, and modeling data with the goal of discovering useful information, informing conclusions, and supporting decision-making. Applications in the oil and gas sector include predictive maintenance for equipment, production forecasting from reservoir data, and analysis of seismic surveys to identify potential drilling locations. The process encompasses descriptive, diagnostic, predictive, and prescriptive analytical techniques.
| Identifier | MLC-T-OAG-000951 |
|---|---|
| Field | Oil and gas |
| Subject | Digital |
Record as JSON
{
"id": "MLC-T-OAG-000951",
"term": "Data analytics",
"field": "Oil and gas",
"definition": "The process of inspecting, cleansing, transforming, and modeling data with the goal of discovering useful information, informing conclusions, and supporting decision-making. Applications in the oil and gas sector include predictive maintenance for equipment, production forecasting from reservoir data, and analysis of seismic surveys to identify potential drilling locations. The process encompasses descriptive, diagnostic, predictive, and prescriptive analytical techniques.",
"subject": "Digital",
"url": "https://mlchart.com/terminology/oil-and-gas/data-analytics/"
}
Record 1,019 of 4,469 in Oil and gas terminology (MLC-0103). Request the full dataset.