Case Study
Oil and Gas Company Develops Cost Efficiency, Optimized Production Saves time, thinks deeper, decides faster, and makes more money
Oil and Gas Company Develops Cost Efficiency, Optimized Production Saves time, thinks deeper, decides faster, and makes more money
Oil and Gas Company Develops Cost Efficiency, Optimized Production Saves time, thinks deeper, decides faster, and makes more money CHALLENGE When oil prices are low, cost efficiency is absolutely necessary. “We have less people, more assets, more questions, and more scenarios. We need to work more efficiently,” explains the analytics team lead. “We’ve used TIBCO Spotfire ® for the last eight years and have grown our internal user base from two to 200. Those 200 users build analyses for other people, so we probably have another four or five hundred people using it. “We started using Spotfire for analyses that needed data at second or sub- second intervals. When you pull 10 years of data second by second, you have hundreds of millions of rows, too big for any conventional product. S