There’s a lot of hand-wringing in the oil industry these days. Prices are down, supply and demand are out of balance, companies are merging, and jobs may seem insecure. In uncertain times, individuals can get distracted from professional goals. So, it is in this spirit that I offer 5 analytic resolutions for oil and gas professionals to keep us all focused for the new year.
While these ideas won’t make the oil price rebound, if leaner times are ahead, a little analytical know-how may translate to job security. With a little time invested in the resources below, you can deliver analytical value and be equipped with knowledge of leading big data analytic technologies.
- Read Chapter 1 of “Harness Oil and Gas Big Data with Analytics” by Keith Holdaway. Just released this summer, the book “takes the idea of analytics work to a new level[1].” If the 30-page excerpt whets your appetite, the full book is available for purchase on Amazon or support.sas.com.
- Get up to speed on Hadoop, Deep Learning, and Data Virtualization. These technologies are critical for managing and deriving value from big data. Develop your knowledge in these areas for your next career step via the “Big Data Matters” webinar series.
- Visit WorldOil.com to watch the webinar Real-time Data Analytics for Critical Asset Performance with Paul Barnes, former Innovation Director at Aera, and Moray Laing and Mike Pool of SAS. Paul reveals his tips for bringing disparate groups together to drive change, then Moray and Mike introduce the art of the possible with streaming data analytics.
- Download “Don’t just visualize, Predict!” This oil and gas webinar will have your mind spinning with new ways to use your treasure trove of data to build predictive models. And if it looks too good to be true, try your hand at SAS Visual Analytics with these free downloads.
- Register for SAS Global Forum 2015 in Dallas, TX, April 26-29. Networking, training, and did I mention networking? Keith Holdaway (book author from tip #1) and other industry peers will be there presenting papers of use cases for advanced analytics. Register soon to get the best deal!
Did these suggestions spark some ideas for your own analytic resolutions? Please comment back to share them! Happy Holidays!
