Data analytics and big data have emerged as powerful tools that can revolutionise industries globally, particularly in the oil and gas industry. AI is becoming increasingly popular, and the open subsurface data universe (OSDU) and data analytics together have the potential to revolutionise oil and gas exploration by providing a standardised platform for data sharing, integration, and advanced analytics. Data analytics can be used to analyse seismic data, well logs, and geological information to pinpoint potential drilling locations with higher success rates. Machine learning algorithms can process vast amounts of data to identify promising reservoirs, enabling more targeted and cost-effective exploration efforts.
