Synthetic data

{
  "id": "MLC-T-OAG-003737",
  "term": "Synthetic data",
  "field": "Oil and gas",
  "definition": "Artificially generated information created to mimic the statistical properties of real-world data without containing any identifiable real-world events or measurements. In the oil and gas sector, it is used to train machine learning models for tasks like seismic interpretation or production forecasting when real data is scarce, sensitive, or imbalanced. This data can be generated using algorithms, simulations, or generative models like Generative Adversarial Networks (GANs).",
  "subject": "Digital",
  "url": "https://mlchart.com/terminology/oil-and-gas/synthetic-data/"
}