Over the years, the US has drilled for crude oil in several locations, such as Pennsylvania, Texas, Alaska, and the Gulf of Mexico. A few years ago, as the US started drilling more in North Dakota, there were forecasts that we would surpass Saudi Arabia in crude oil production. And recently, [...]
The post Does the US really produce the most oil now?!? appeared first on SAS Learning Post.
What’s that buzz on the power line? It’s AI, of course! But what is AIoT, you ask? It is applying artificial intelligence (AI) to data from smart devices connected by the Internet of Things (IoT). AI is the science of training systems to perform human tasks through learning and automation. [...]
Five ways that AIoT delivers value to utilities was published on SAS Voices by Alyssa Farrell
I recently read an interesting article about petroleum coke (petcoke). A lot of it is produced in the US, and lately a lot of it is consumed (burned) in India ... contributing to air pollution there. The article mentioned some numbers in the text, but the data was really begging to [...]
The post What fuel is 1000 times dirtier than diesel? appeared first on SAS Learning Post.
In an increasingly complicated operating environment, the global oil and gas industry struggles to optimize their asset portfolio. Producers combat severe challenges inherent to aging facilities in the context of pricing volatility. Change is the new constant, as the cyclical nature of the oil and gas industry means that producers [...]
Analytics holds the key to optimizing oilfield assets was published on SAS Voices by Keith Holdaway
In an increasingly complicated operating environment, the global oil and gas industry struggles to optimize their asset portfolio. Producers combat severe challenges inherent to aging facilities in the context of pricing volatility. Change is the new constant, as the cyclical nature of the oil and gas industry means that producers [...]
Analytics holds the key to optimizing oilfield assets was published on SAS Voices by Keith Holdaway
Utilities can save as much as $10 million a year for every one percent improvement in forecast accuracy by optimizing asset utilization and trading strategies. Changing energy markets and an influx of data from the smart grid are providing more opportunities to reap value from energy forecasting. Improving energy forecasts [...]
From gigawatts to gigabytes: What would you do with an improved energy forecast? was published on SAS Voices by Alyssa Farrell
Tell me if you’ve heard this before: Your company hired (or re-titled) a talented data scientist and they have great skills and no data. Or they're marginalized by IT because they're misunderstood. They're offered “cleansed” data that will fit into the hardware provisioned. What they want is “all” relevant data […]
4 tips for the utility data scientist was published on SAS Voices.
The utility industry is ripe with analytic opportunities. Usually, when I share that perspective, thoughts immediately jump to making the energy grid more efficient. Certainly, there are efficiencies to gain with improved data about where power is being consumed and the sources that are available to support it. However, there […]
Who is and is not paying for heat this winter? was published on SAS Voices.
“Analytics” and “data scientist” aren’t new terms, but they are trending buzzwords. The popularity of these concepts has created a false impression: Analytics are mysterious abstractions that can only be decoded if you have a white lab coat and an advanced degree in computer science. The reality couldn’t be more different. […]
No data scientist? No analytics platform? No problem. was published on SAS Voices.
Energy suppliers are fighting for prime position in the domestic energy supply market. Disillusioned customers, increased competition due to a flood of new entrants and tighter regulations are forcing suppliers to reassess their business models. According to UK regulator Ofgem, there were 3.8 million account switches in the first six […]
Big data customer analytics key to high-performing energy companies was published on SAS Voices.