Role of Machine learning and data science in drilling industry

Role of Machine learning and data science in drilling industry: Data Scientists must understand Machine Learning for quality predictions and estimations. This can help machines to take right decisions and smarter actions in real time with zero human intervention. Machine Learning is transforming how data mining and interpretation work.

 Machine Learning is a subset of Artificial Intelligence. In oil and gas industries, various types of data are collected from surface and subsurface to understand the hydrocarbon potential. The sensors are found to be most prominent to collect these data in large number.

 Data Science enables companies to efficiently understand gigantic data from multiple sources and derive valuable insights to make smarter data-driven decisions. Data Science is widely used in various industry domains, including marketing, healthcare, finance, banking, policy work, and more.

There are many employment openings for data analysts, data scientists, and machine learning engineers right now. In the oil and gas industry, data science specialists are estimated to account for 30% of new positions by 2025.

In light of this, we developed a machine learning application package for oil and gas professionals and undergraduates.