Kx FOR OIL & GAS
Big data has been extensively used for many years across upstream, midstream and downstream operations with oil and gas companies leading the way as early adopters of real-time equipment monitoring, automation, sensors and the application of big data analytics.
As IIoT data sources continue to expand, the need for a flexible and powerful big data platform that can efficiently and quickly process both the streaming and historical data they produce becomes business critical. This is where Kx can help you.
In an era of enhanced connectivity, big data continues to disrupt the oil and gas sectors. Valuable real-time data that can be used to automate and transform the industry is being generated across multiple areas from assets and operations, to field production, to logistics and end customers, to pricing, compliance and trading risk management. Industry experts expect continued investment in analytics, IIoT and cloud-enabled capabilities over the next 5 years but it has also been reported that the oil and gas industry only uses a small portion of the data it collects, as low as 5-10%.
To tackle these challenges, organizations are turning to the high-performance database technology from Kx which has been used by leading organizations to achieve low-latency and high-volume event processing whilst preserving existing investments in software and RDBMS technology.
Kx’s combination of in-memory and on-disk database, its efficient columnar design and its highly-integrated query language, add up to the fastest analytics engine on the market.
Read more about our technology, performance snippets and why Kx is so fast.
SMARTER PRODUCTIONThe ever-increasing number of connected sensors in the oil and gas drilling and production process is creating enormous amounts of data for organizations to process, analyze and store with many manufacturing execution systems struggling to deal with the bottlenecks caused by this constant flow of data. Their restrictions reduce the potential to maximize the value of that data in areas like drilling optimization, real-time fault detection, well integrity and well completions, reservoir simulations, integrity management, avoiding ESP failures, root cause analysis, and predictive maintenance.
Kx, with its superior columnar-structured time-series database, and its integrated query language q, enables you to scale from thousands up to hundreds of millions of sensors at any measurement frequency whilst maintaining extremely high levels of performance.
• Ingest and process 4.5 million sensor measurements and events per second per core
• Aggregate billions of measurement records in seconds
• Store and analyze trillions of records
• Scale both vertically and horizontally
BIG DATA & REAL-TIME ANALYTICSLarge sets of data are not new to the oil and gas industries. What is new is the scale, volume, and frequency of real-time data being generated by the widespread use of sensors across all aspects of the sector from seismic data to optimize production and field development, to production and processing performance data across control room crews, to drilling, GPS, and weather data. Leading companies are pushing ahead with the integration of real-time data from production, asset management, and engineering to create their digital oilfields.
Kx can capture, analyze and store high-frequency time-series data from thousands of sensors to compare with historical data in areas like fault detection and anomaly analysis. It includes a comprehensive suite of graphical tools with powerful OLAP drill-down capabilities to aid decision making based on historical and real-time data from multiple data streams. Kx technology integrates with legacy systems and multiple data sources, allowing you to either augment or replace existing systems and libraries.
“The Kx software stack delivers a modern data platform, one that fuses the latest industry paradigms, such as streaming, messaging and complex event processing, with the ability to handles huge amounts of time series data, all in real-time.”
Daniel Hurst, Aero Technology Development Team Leader, Aston Martin Red Bull Racing
PREDICTIVE MAINTENANCEOil and gas companies can leverage streaming and real-time IIoT data across their diverse set of assets, whether it’s a drilling rig, a compressor, a pipeline booster station, or any other mission-critical equipment to monitor asset health. Applying advanced analytics in this way delivers actionable insights that can streamline maintenance, improve efficiencies and drive competitive advantage.
Kx for Oil and Gas provides support for initiatives around robotic process automation (RPA), increasing efficiencies across production facilities and assets, simulated tests to produce in context rather than at all costs, decreasing the occurrence of dry wellheads and predictive maintenance to reduce downtime and also to ensure the physical integrity of pipeline transmission.
• Combine historical and real-time data for fault and anomaly detection, and make more timely and accurate predictions
• Analyze data from thousands of sensors to maximize drilling and production efficiency
• Analyze data from assets to enable condition-based and predictive maintenance and real-time equipment monitoring enabling increased asset availability
TRADING & RISK MANAGEMENTKx has a long history of providing pricing, risk management and regulatory compliance solutions to the financial markets that address the same challenges faced by Oil and Gas trading and treasury departments. Its industry-proven, multi-asset capabilities in order management, trade execution, transaction analytics, real-time trade surveillance, and alerts management provide clients with instant visibility into individual transactions, aggregated risk profiles and the integrity of their overall trading activity. In combination, they provide an enterprise-wide solution from pre-trade through post-trade activities that enable firms to comprehensively analyze and manage trading and risk profiles.
Built by experts in both trading and data management, Kx solutions support multi-asset classes and operate across multiple markets. Underpinned by kdb+, the world’s fastest time-series database, a suite of connectors to multiple data sources, a rich library of pre-built analytics and alerts and a HTML5 visualization layer for viewing and generating reports they provide a complete and proven solution trading and compliance departments.
The basis for Kx Technology is a unique integrated platform which includes a high-performance historical time-series columnar database called kdb+, an in-memory compute engine, and a real-time streaming processor all unified with an expressive query and programming language called q.
Designed from the start for extreme scale, and running on industry standard servers, the kdb+ database has been proven to solve complex problems faster than any of its competitors.LEARN MORE