Oil & Gas Data
The Ultimate Guide to Oil & Gas Data 2021
What is Oil & Gas Data?
Oil and gas data is a sub-category of energy data. It provides information about the oil and gas industry, from historical energy consumption to energy production and trade statistics.
Oil and gas datasets can also give you an insight into petroleum exploration, fields and reserves around the globe.
How is Oil & Gas Data collected?
There are various different ways to collect oil and gas data.
Much of the oil and gas data you can buy is collated by companies when oil and gas companies publish information about their oil fields, reserves or pipelines.
Some governments produce reports on energy sources, incuding oil and gas, and data is often collected from these reports to help fill out the oil and gas datasets.
Marine or environmental data is sometimes used to compile an oil and gas dataset as this can be key for navigational information.
Some data providers also compile this information and format it with data analytics which gives you an even more in-depth and comprehensive insight into the oil and gas field.
What are the attributes of Oil & Gas Data?
You can expect to find lots of key information in an oil and gas dataset about basic details, such as oil well, field and pipeline locations as well as prospective plans that have been set out by companies. Included in this should also be information about who owns the specific field or well you are looking into as well as location information, such as navigational aids and restricted areas.
Some datasets may also provide live weather data which can be especially useful again for navigational purposes to oil fields or wells.
What is Oil & Gas Data used for?
Most oil and gas companies will use oil and gas datasets to help them improve the operational functionality of their oil fields, wells and pipelines. By increasing visibility into their operations they can improve the profitability and effectiveness of their business.
There are 3 sectors in which oil and gas data is useful for energy companies.
Upstream sector - in the upstream sector, oil and gas data can be used to manage seismic data in areas of interest and determine the amount of oil and gas in potential reservoirs. It can also be used to optimize the drilling process by use predictive models that can forecast equipment failures by analyzing usage patterns.
Midstream sector - sensor analytics are used by companies to ensure the safe logistics of their oil and gas. Sensors can be used to detect potential failures in transportation equipment such as cracks or stress corrosion.
Downstream sector - Companies use predictive analytics to reduce downtimes and maintenance costs which improves asset management. Additionally, this data can be used to evaluate equipment conditions and predict when different pieces of equpiment might need to be replaced.
How can a user assess the quality of Oil & Gas Data?
The best oil and gas datasets will include both up-to-date information on oil fields, wells and pipes as well as environmental data, such as marine or weather conditions, and historical data. Historical data is key for predictive analysis as the datasets look at how equipment has fared over time to determine when a piece might be need to be replaced, thus reducing risks in drilling, transporting and storing. Always check the oil and gas data provider’s reviews before buying and ask for an oil and gas data sample before you purchase to ensure that the information fits your company’s needs.
Who are the best Oil & Gas Data providers?
Finding the right Oil & Gas Data provider for you really depends on your unique use case and data requirements, including budget and geographical coverage. Popular Oil & Gas Data providers that you might want to buy Oil & Gas Data from are Axiom EMI, Sensefolio, Sulpetro, Rystad Energy, and Kayrros.
Where can I buy Oil & Gas Data?
Data providers and vendors listed on Datarade sell Oil & Gas Data products and samples. Popular Oil & Gas Data products and datasets available on our platform are Axiom EMI Oil & Gas and Renewables Data (Global): Offshore Oil & Gas Platforms Database by Axiom EMI, Natural-Gas-Liquids Statistical Yearbook by Sulpetro, and Axiom EMI Oil & Gas and Renewables Data (Global): LNG Terminals Database (Terminals, FLNG, FSRUs) by Axiom EMI.
How can I get Oil & Gas Data?
You can get Oil & Gas Data via a range of delivery methods - the right one for you depends on your use case. For example, historical Oil & Gas Data is usually available to download in bulk and delivered using an S3 bucket. On the other hand, if your use case is time-critical, you can buy real-time Oil & Gas Data APIs, feeds and streams to download the most up-to-date intelligence.