Data Mining
GXStat sifts through the massive amounts of data so you don't have
to. Our superior methods have found unforeseen patterns and valuable
gems buried in data that can lead to economic gain.
Oftentimes, a huge data set can contain redundant information or
information that is not relative to the ultimate outcome. In terms
of oil and gas prospecting, the key variables that are related to
economic deposits must be determined and noise must be reduced or
entirely eliminated. Questions arise such as, "What is the best way
to process seismic and what seismic variables, if any, contribute to
the reduction of risk for an economic deposit?"
There seems to be an infinite number of questions that can arise in
any project. Our approach is to use data mining techniques that are
geared to answering the customer's questions. From start (looking at
the data, data quality and sampling) to finish (the best answer we
can derive), the customer's question guides the approach that we
use.
For more detailed information on GXStat's Data Mining services, contact us.