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The Connected Well

The sorts of questions that oil and gas managers
need answers to is driving the need for ever more sophisticated analysis. Moving from descriptive analytics which answer the question “What happened?” to diagnostic analytics which address “Why did it happen?”. Once companies have that information, it would be natural to want to understand “When will
it happen again?” (predictive analytics). And finally, companies will also want to find out “What should happen?” (prescriptive analytics) in certain scenarios, so that they can get repeatable results.