Spotfire Analytics for Oil & Gas Last Updated: 2 months ago Mentor: Edvantage Learning
Spotfire Analytics for Oil & Gas
₹11000/ $160 ₹12500/ $180
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Course Objectives:
This course is designed to provide students as well as professionals with a comprehensive set of skills and knowledge in the domain of TIBCO Spotfire analytics are applied to the oil and gas industry. Throughout the course, participants will learn how to efficiently prepare and wrangle data, including data cleaning, transformation, and handling of missing data and outliers. They will then progress to advanced field data analysis and visualization in Spotfire, mastering the creation of plots, charts, and tables while interpreting field data visualizations. Additionally, participants will gain expertise in production performance analysis, including geospatial data assessment, KPI analysis, and real-time production dashboard creation. The course also covers production trend analysis and forecasting with machine learning, allowing learners to delve into time series analysis, anomaly detection, and predictive maintenance for pump failure prevention. Finally, participants will explore drilling optimization with machine learning. encompassing exploratory data analysis, feature engineering, and rate of penetration prediction, and model evaluation, preparing them to tackle real-world challenges in the oil and gas sector.

Learning Objectives:

  • Develop data preparation and wrangling skills in TIBCO Spotfire.
  • Master data analysis and visualization techniques for field data.
  • Gain proficiency in production performance analysis and dashboard creation.
  • Learn production trend analysis and forecasting with machine learning.
  • Understand drilling optimization using exploratory data analysis and machine learning.

Prerequisites:

  • Basic understanding of data concepts
  • A strong interest in data analysis and visualization.
  • Computer literacy and familiarity with data analysis software (basic proficiency is a plus).

These prerequisites are designed to ensure that new learners can effectively engage with the course content and build a solid foundation in TIBCO Spotfire Analytics for the Oil and Gas Industry.

Duration: 20+ hours

Why to Learn Spotfire and how it will help me in career?

Learning TIBCO Spotfire can significantly enhance your career prospects in various industries, including oil and gas. Here's why Learning Spotfire can be beneficial for your career:

  • Data Visualization and Analysis: Spotfire is a powerful data visualization and analysis tool that allows you to create interactive and insightful reports and dashboards. Proficiency in Spotfire enables you to effectively communicate complex data and make data-driven decisions, a highly valued skill in today's data-centric world.
  • In-Demand Skill: Many industries, including oil and gas, are increasingly relying on data analytics to optimize operations, reduce costs, and enhance safety. As a result, professionals with Spotfire skills are in high demand. Learning Spotfire can make you more attractive to potential employers.
  • Cross-Industry Applicability: While you're currently focused on the oil and gas sector, Spotfire's skills are transferable to other industries. This versatility can provide you with a broader range of career opportunities.
  • Improved Decision-Making: Spotfire helps you quickly analyse and visualize data, allowing you to spot trends, anomalies, and opportunities. This, in turn, leads to better decision-making, which is a valuable asset in any career.
  • Efficiency and Productivity: Spotfire enables you to automate many aspects of data analysis and reporting, saving time and increasing efficiency. This can make you more productive in your role and open up opportunities for higher-level tasks and responsibilities.
  • Competitive Advantage: In a competitive job market, having Spotfire skills can set you apart from other candidates. It's a tangible skill that demonstrates your ability to work with data effectively.
  • Career Growth: As you become more proficient with Spotfire, you can explore more advanced roles and responsibilities, such as data analyst, data scientist, or business intelligence specialist. These roles often come with higher earning potential and career growth opportunities.

In summary, learning TIBCO Spotfire can enhance your career by equipping you with valuable data analysis and visualization skills that are in high demand across various industries, including the oil and gas sector. It can lead to better job prospects, improved decision-making abilities, and opportunities for career advancement.

Topics to be covered:

A. Data Visualization and Analysis

  • Introduction to Spotfire analytics
  • Data connection and loading in Spotfire
  • Data cleaning
  • Data transformation
  • Handling missing data and outliers

B. Field Data analysis, Visualization and interpretation in Spotfire

  • Creating plots, harts and tablets in Spotfire
  • interpreting field data visualizations and plots
  • multivariate Data Analysis
  • Statistical Analysis of field data
  • Line and curve fitting in Spotfire

C. Production Performance analysis with Spotfire

  • Time series Analysis of Production data
  • Production anomaly detection
  • Production forecasting with Machine learning
  • Predicting and preventing pump failure

D. Production Trend analysis and Forecasting with Machine Learning in Spotfire

  • Geospatial analysis of field data
  • evaluating performance by well and by field
  • production performance KPI analysis
  • Rate allocation & root cause analysis
  • Building interactive production dash boards for real time production monitoring

E. Drilling optimization with machine Learning in Spotfire

  • Exploratory data analysis for drilling variables
  • feature engineering
  • predicting rate of penetrating with machine learning algorithms
  • evaluating model performance

F. Reservoir Performance Monitoring with Spotfire

  • Real time reservoir monitoring and surveillance
  • PVT data QC
  • history matching quantitative assessment
  • reservoir diagnostic plots