New York City is a pioneer in use of technology in many ways. For instance, the work of the Mayor’s Office of Data Analytics has been cited repeatedly as an example of smart city innovation. But the innovation doesn’t stop there. Two projects that used SAS data visualization and data
Since our last VirtualOil update in May, oil prices have continued to take a beating. As the chart of the rolling five-year portfolio shows, much of our strip of options is now out-of-the-money and the average value per barrel of that optionality has sunk below $7. No surprise then that
Dust off that old aphorism about an ounce of prevention. Oil companies applying analytics for predictive maintenance can see a substantial downtick in the unanticipated equipment repairs that quickly eat into an oil well’s profitability. Maintenance is far from a trivial concern in the oilfield. A pumping oil well is
