Spotfire Report November 2024 | Page 12

SPOTFIRE
“ They use very sophisticated tools , especially mapping tools and GIS data , and they combine that with technical tools for petrophysics or well log analysis or cores ,” Brad continues .
Spotfire allows these professionals to integrate and visualise this diverse data , leading to more accurate assessments of potential oil and gas reserves .
Drilling and completions engineers use Spotfire to plan and optimise drilling operations . They analyse data rom similar wells , project properties using interpolation techniques and make decisions about drilling paths and completion methods .
“ Everything under the ground , since engineers can ’ t actually see it , they use advanced analytics to infer what ’ s most likely to be there ,” Brad says . Spotfire helps these engineers make informed decisions based on limited data points and complex geological models .
Production engineers , meanwhile use Spotfire to optimise ongoing resource extraction . This involves analysing equipment performance , monitoring production rates and making decisions about stimulation techniques to maximise oil and gas extraction while minimising damage to the subsurface formation .
The future of Spotfire As data analysis needs continue to evolve , Spotfire is adapting to meet new challenges . One area of development is the ability to handle even larger datasets , potentially analysing trillions of data points by integrating with cloud-based compute cluster platforms like Databricks and Snowflake .
12 spotfire . com