Energy and Utilities
Energy exploration is a complex and capital-intensive undertaking. Oil and gas developers make multi-million dollar decisions on when to drill, where to drill, how many sites to develop, and how much to produce. With the high cost of drilling wells, every decision can have a big impact. Ayata prescriptive analytics software synthesizes complex algorithms, seismic data, publicly reported near-field data, domain knowledge and various other factors to help developers and investors make smarter decisions.
Natural gas prices fluctuate dramatically depending upon supply, demand, econometrics, geo-politics, and weather conditions. Gas producers, transmission (pipeline) companies and utility firms have a keen interest in more accurately predicting gas prices so that they can lock in favorable terms while hedging downside risk. Ayata's Prescriptive Analytics software can accurately predict prices by modeling internal and external variables simultaneously. The Ayata software can also provide decision options and show the impact of each decision option.
Contact us to discuss how Ayata can support your organization's exploration, production, and transmission decisions.
