The oil & gas industry is well accustomed to the fact that data is considered the new oil, and there is no better place to find this than in the trove of data assets resting in offsite storage vaults.
The oil & gas sector has a long history of storing massive volumes of data, such as seismic and well data, reports, contracts, and other exploration and production datasets, in offsite storage facilities. These boxes contain valuable exploration and production data which has significant potential to enable new reservoir discoveries and revenue streams. Understanding your data’s real worth requires a modern approach to the data management mindset and a new way of thinking about seismic data migration over traditional storage methods.
Cloud-enabled technologies drive the industry and help oil & gas companies access the value and utility of their data assets. However, most companies still have a vast majority of their data sitting in offsite vaults, inaccessible to modern tools.