Unravelling the Myth of big data and artificial intelligence in sustainable natural resource development

Abstract

Natural Resources businesses span one or more of the following verticals: Explore & Discover, Develop, Extract & Transport, Market & Trade. Natural Gas (NG) is a key component of the Natural Resources industry, which contributes both directly and indirectly to sustain and support the day to day energy needs of humans. Various forums drive key initiatives to maintain the sustainability of natural resources for decades to come. The recent evolution of advanced Information Technology (IT) fields, termed as 'Big Data and Artificial Intelligence (BD&AI),' fortify these initiatives by providing anytime, anywhere access of data (for example in remote offshore assets or facilities) from a vast corpus base, in addition to enabling natural human interaction. In this paper we intend to explore the key primitives of BD&AI and cite the method of real-world implementation in the Natural Gas industry to further enable sustainable development.