Oil and gas sector is among the eight core industries in India and plays a major role in influencing decision-making for all the other important sections of the economy. An oil refinery is an industrial plant that transforms, or refines crude oil into various usable petroleum products such as diesel, gasoline, and heating oils. The industry’s ever-growing reliance on data and the need to move frontiers in the research and production process have given the importance of data analytics in the O&G business.
Whether it is the Improvement of RoI, Assets Predictive & Preventive Maintenance, Improved Plant Efficiency, Upstream, Midstream & Downstream Optimization, Nupeak has a very ground-level practical experience in helping our client in O&G Industries, using state-of-the-art analytics services. Nupeak has been playing a vital role in enhancing Industry, by providing industry-specific Artificially Intelligence & Machine Learning (AI/ML) Algorithm using IoT Sensors based data.
Other advantages of AI/ML based analytics have increased production and oil recovery rates, better operations, innovation in exploration, and predictive maintenance.