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Demystifying Data Mining

Applying data mining, predictive modeling and real-time analytics in oil and gas operations

About this paper

Mining large reservoirs of data in oil and gas operations involves committing to key processes and technologies – and embracing new ways of thinking about problem solving. To extract value from vast data stores and change the way decisions are made, many operators have turned to advanced data mining techniques along with real-time analytical and data processing capabilities. This paper explores practical approaches, workflows and techniques that are used in oil and gas operations. It also examines the role of exploratory data analysis; model development and modeling techniques; and approaches to putting models into production.

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SAS is the leader in business analytics software and services, and the largest independent vendor in the business intelligence market. Through innovative solutions, SAS helps customers at more than 70,000 sites improve performance and deliver value by making better decisions faster. Since 1976 SAS has been giving customers around the world THE POWER TO KNOW®.

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