Tuesday 29 November 2016

AGR has used its innovative software to help mine 50 years of North Sea exploration data, as part of a Data Challenge set by Common Data Access (CDA).

CDA is a subsidiary of Oil & Gas UK which was established to facilitate the sharing of well and seismic data by the oil and gas industry.

AGR Software was one of nine companies given bulk access to released data stored in CDA’s UKOilandGasData repository, to enable them to demonstrate and validate their data science capabilities.

The Unstructured Data Challenge was launched earlier this year with the aim of proving that modern data and information analytics tools can offer valuable insights in the search for hydrocarbons.

The participating companies were asked to analyze documents, images, and other unstructured data arising from a half century of UKCS exploration activity. Using this data they were able to showcase how offshore wells could be planned at a lower cost, drilling risk could be reduced and exploration could be made more cost-effective.

Our Software team along with the other participating companies will reveal their full findings in detail at a workshop on Wednesday 30 November at the Village Hotel in Aberdeen.