Spotfire extension for OpenSpirit
Thursday, November 01, 2012
Software infrastructure company TIBCO reports that it has developed a Spotfire extension for OpenSpirit.
Spotfire is a sophisticated data analysis tool, used widely in the oil and gas industry.
OpenSpirit is a tool for connecting together different software systems.
Both OpenSpirit and Spotfire are owned by TIBCO.
With OpenSpirit and Spotfire together, you can use the Spotfire data analysis tools to work directly on subsurface models and systems, including GeoFrame, KINGDOM, OpenWorks, anything in Public Petroleum Data Model (PPDM) format, Petrel, and ESRI ArcGIS.
The Spotfire analysis might be able to spot relationships and patterns in the data that human interpreters and other software cannot.
The system gets particularly useful as the data volumes get larger, with more survey and log data, which makes human analysis much more difficult.
'Predictive analytics is key to the future of the digital oilfield, but to make those predictions you need highly integrated systems that can handle big data, real-time information and leave no trend unexplored," says Steve Farr, Product Marketing Manager for TIBCO Spotfire.
"Spotfire Extension for OpenSpirit enables engineers to predict what will happen on their oilfields and respond as events occur, whether it be adjusting the performance of an individual wellhead, examining the future output of an entire field, or calculating the estimated ultimate recovery.'