Natural gas fell to 3.34 USD/MMBtu on October 24, 2025, down 0.21% from the previous day. Over the past month, Natural gas's price has risen 4.44%, and is up 7.92% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Natural gas - values, historical data, forecasts and news - updated on October of 2025.

Data on natural gas prices, production, reserves, gross withdrawals, imports and exports, underground storage, deliveries, and consumption. Annual and monthly data available. Users of the EIA API are required to obtain an API Key via this registration form: http://www.eia.gov/beta/api/register.cfm

Big Data in Oil and Gas Market Outlook

As of 2023, the global big data in oil and gas market size is estimated to be approximately USD 21.5 billion. With a projected compound annual growth rate (CAGR) of 12.6%, the market is expected to surge to an impressive USD 55.2 billion by 2032. This considerable expansion is driven by the industry's increasing reliance on data analytics to enhance operational efficiency, optimize resource management, and minimize environmental impacts. The oil and gas sector is witnessing transformative changes propelled by technological advancements, necessitating the deployment of big data platforms to harness vast amounts of data generated across the value chain.

One of the primary growth drivers for the big data market in oil and gas is the urgent need for operational efficiency and cost reduction. With fluctuating oil prices and mounting environmental concerns, companies are under pressure to extract resources more efficiently and sustainably. Big data analytics helps in predicting equipment failures before they occur, optimizing drilling processes, and improving reservoir management. By leveraging predictive analytics and data-driven insights, oil and gas companies can make informed decisions that significantly reduce downtime, enhance production rates, and lower operational costs. This technological adoption is further accelerated by the integration of artificial intelligence and machine learning, which enable more sophisticated data analysis capabilities.

Another pivotal factor contributing to the market's growth is the increasing adoption of Internet of Things (IoT) solutions within the industry. IoT devices, such as sensors and drones, collect massive volumes of data from oil rigs, pipelines, and refineries. These data points are essential for monitoring equipment health, environmental conditions, and energy consumption. Big data analytics platforms process and analyze this information in real-time, allowing companies to quickly respond to operational challenges and optimize asset performance. The convergence of IoT and big data is revolutionizing the oil and gas sector by enhancing safety protocols, reducing emissions, and facilitating more efficient resource allocation.

The growing emphasis on environmental sustainability and regulatory compliance is also fueling market growth. Governments and environmental organizations worldwide are imposing stringent regulations on the oil and gas industry to minimize its ecological footprint. Big data analytics plays a crucial role in helping companies adhere to these regulations by monitoring emissions, tracking energy usage, and ensuring compliance with environmental standards. Furthermore, data-driven insights assist in planning and executing cleaner production techniques and exploring renewable energy alternatives. As environmental awareness increases, the demand for big data solutions in the oil and gas industry is expected to rise, further propelling market expansion.

From a regional perspective, North America currently holds a significant share of the market, primarily due to the early adoption of advanced technologies and the presence of leading oil and gas companies. The United States, in particular, is a frontrunner in implementing big data solutions across its extensive oil exploration and production activities. Meanwhile, the Asia Pacific region is anticipated to exhibit the highest growth rate owing to rapid industrialization, increasing energy demand, and substantial investments in digital technologies within countries such as China and India. Europe and Latin America are also witnessing steady growth as companies in these regions increasingly recognize the benefits of big data analytics in driving efficiency and sustainability in their operations.

Component Analysis

In the big data in oil and gas market, the component segment is categorized into software, hardware, and services. Each component plays a pivotal role in facilitating the comprehensive adoption and integration of big data solutions across the oil and gas value chain. The software segment is anticipated to account for the largest market share, driven by the need for advanced analytics tools and platforms that enable complex data processing and visualization. Software solutions such as data management systems, predictive analytics platforms, and visualization tools are crucial for extracting actionable insights from vast datasets, thereby enhancing decision-making processes and operational efficiency.

The hardware segment encompasses the physical infrastructure required to support big data analytics, includ

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Liquefied Natural Gas (LNG) Market Size 2025-2029

The liquefied natural gas (LNG) market size is forecast to increase by USD 27.79 billion, at a CAGR of 8% between 2024 and 2029.

The market is experiencing significant growth, driven by the surge in LNG production and the increasing demand for LNG bunkering. The production increase is due to the expansion of LNG infrastructure in key producing regions, enabling greater access to natural gas resources and facilitating the liquefaction process. Simultaneously, the demand for LNG bunkering is rising as more shipping companies adopt LNG as a cleaner alternative fuel for their vessels, in response to stricter environmental regulations. However, the LNG market faces challenges, including the fluctuations in global oil and gas prices. These price volatilities can impact the profitability of LNG projects, as the price of LNG is closely linked to the price of oil.
Additionally, the infrastructure required for LNG production, transportation, and regasification is capital-intensive and complex, posing challenges for companies looking to enter the market. Furthermore, safety concerns and the need for specialized expertise to handle LNG can create operational challenges for companies. To capitalize on market opportunities and navigate these challenges effectively, companies must remain agile, invest in innovative technologies, and collaborate with industry partners to optimize their operations and mitigate risks.

What will be the Size of the Liquefied Natural Gas (LNG) Market during the forecast period?

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The market continues to evolve, driven by shifting consumer demands, technological advancements, and regulatory changes. LNG metering and insulation technologies are crucial components in ensuring accurate measurement and efficient storage of this cryogenic fuel. LNG derivatives and contracts provide flexibility in managing price risks and securing supply. Industrial applications of LNG span various sectors, including power generation, heavy-duty vehicles, and processing industries. LNG valves, membranes, and pumps are essential components in LNG infrastructure, enabling the safe and efficient handling of this fuel. Carbon capture and utilization are emerging applications, offering potential environmental benefits. LNG pricing remains volatile due to market dynamics, supply and demand imbalances, and geopolitical factors.

Transportation, from production sites to end-users, involves complex logistics, including LNG tankers, pipelines, and terminals. Regulations and safety standards are continually evolving to address emerging challenges and ensure the safe and sustainable use of LNG. LNG vaporization and shipping technologies are essential for converting LNG back into its gaseous state for use as a fuel. LNG bunkering and supply chain optimization are crucial for the growing use of LNG as a marine fuel. LNG utilization in residential applications and export markets is expanding, driven by innovation and evolving consumer preferences. LNG production processes, such as gas-to-liquids (GTL), are advancing to improve efficiency and reduce emissions.

LNG hydrogen and fuel cells are emerging applications, offering potential benefits in decarbonizing energy systems. The LNG market's continuous dynamism underscores the importance of staying informed about the latest trends and developments.

How is this Liquefied Natural Gas (LNG) Industry segmented?

The liquefied natural gas (lng) industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

End-user

  Power
  Industry
  Others


Application

  Off-grid power plants
  Transportation
  Industrial and manufacturing
  Marine fuel
  Others


Geography

  North America

    US
    Canada


  Europe

    Norway
    Russia
    The Netherlands


  Middle East and Africa

    Qatar
    UAE


  APAC

    China
    Japan


  Rest of World (ROW)

.

By End-user Insights

The power segment is estimated to witness significant growth during the forecast period.

Liquefied Natural Gas (LNG) is a critical component of the global energy landscape, with increasing demand driven by various factors. The shift towards cleaner fuels for power generation and industrial applications is a significant trend, as LNG emits fewer greenhouse gases compared to coal and oil. LNG cryogenics technology enables the liquefaction, storage, and transportation of natural gas in its liquid form, making it a versatile fuel for various sectors. LNG infrastructure, including regasification terminals and pipelines, is essential for importing and distributing

The size of the North America Natural Gas Market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 5.00% during the forecast period. The North American natural gas market is exhibiting dynamic growth, not only owing to high domestic production coupled with rising consumption but also a growing trend toward cleaner sources of energy. Today, the United States is the world's largest producer of natural gas, largely because of the breakthrough in shale extraction technologies that have opened up vast reserves. This has resulted in the United States becoming the world's largest liquefied natural gas exporter. Most particularly, it makes use of incredibly high demand in markets such as Asia and Europe. Canada has considerable natural gas reserves, pipelines, and other infrastructure, supporting both the export of gas to the U.S. and international markets, besides providing domestic energy supply. ALCANICA: Canada is also focusing on the development of LNG export facilities to meet growing demand worldwide. As environmental concerns go up, natural gas becomes a bridge fuel-a source to help in the process of moving away from coal and supporting renewable integration. The issues affecting the market here include price volatility, regulatory barriers, and increased competition due to renewable energy. This should continue to be accompanied by growth in North America's natural gas market, as production capacity is strong, and investments being made in infrastructure are supported within a shifting energy mix that increasingly is suited for cleaner fuels. Recent developments include: In July 2022, Sempra Infrastructure signed an agreement with Mexico's Federal Electricity Commission to advance the joint development of critical energy infrastructure projects in Mexico, including the rerouting of the Guaymas-El Oro pipeline in Sonora, the proposed Vista Pacífico LNG project in Topolobampo, Sinaloa, and the potential development of a liquefied natural gas (LNG) terminal in Salina Cruz, Oaxaca.. Key drivers for this market are: 4., Growing Demand for Renewable Energy4.; Upcoming Investments in the Energy Sector and Supportive Renewable Energy Policies. Potential restraints include: 4., High Initial Investment Cost and Long Investment Return Period on Projects. Notable trends are: Power generation to Dominate the Market.

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Oil And Gas Storage Service Market Size 2025-2029

The oil and gas storage service market size is forecast to increase by USD 4.62 billion, at a CAGR of 5.6% between 2024 and 2029.

The market is driven by the increasing global demand for oil and gas, necessitating the expansion of storage capacity to accommodate growing inventories. A notable trend in the market is the adoption of solidification technology for natural gas storage, enabling the efficient and safe storage of large volumes of natural gas. However, the market faces challenges due to the volatility in oil and gas prices, which can impact the profitability of storage projects. Natural gas and crude oil storage systems enable power plants to maintain a steady supply of fuel during peak load periods and unexpected outages. Companies specializing in oil and gas tank storage, LNG storage and regasification, and CNG storage are actively seeking innovative solutions to optimize their operations and mitigate the risks associated with price fluctuations.
Additionally, the development of floating storage and regasification units (FSRUs) offers opportunities for expansion into new markets and the provision of flexible storage solutions to meet the evolving energy demands of industries and consumers. In the power sector, oil and gas storage solutions are indispensable for peaking and backup power generation.

What will be the Size of the Oil And Gas Storage Service Market during the forecast period?

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The market encompasses various solutions, including asset management, underground and above-ground storage options, and cryogenic storage. Technology adoption in this sector is on the rise, with digital twins and advanced safety systems, such as pressure relief valves, explosion protection, and flame arrestors, becoming increasingly common. Compliance auditing and environmental permitting are crucial aspects of the market, ensuring adherence to safety performance metrics and environmental performance metrics. Storage capacity planning is essential for operational efficiency, with demand forecasting and vapor pressure control playing significant roles. Cost optimization is a key trend, driving the use of inventory turnover, safety training, and emergency drills.
Hazard analysis and gas detection are integral components of safety performance, while rupture disks and salt cavern storage offer enhanced safety and cost benefits. Market players focus on optimization and efficiency, with technology advancements in storage utilization rates and operational efficiency. Regulatory compliance and safety remain top priorities, with ongoing efforts to improve safety performance metrics and environmental performance metrics. 

How is this Oil And Gas Storage Service Industry segmented?

The oil and gas storage service industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Application

  Power plants
  Oil refineries
  Chemical plants
  LNG storage facilities


Service

  Storage services
  Ancillary services


Type

  Underground storage
  Aboveground storage


Geography

  North America

    US
    Canada


  Europe

    Russia


  Middle East and Africa

    Iran
    Qatar
    UAE


  APAC

    China
    India
    Singapore


  Rest of World (ROW)

By Application Insights

The power plants segment is estimated to witness significant growth during the forecast period. The market encompasses a range of essential solutions for pipeline infrastructure, terminal operations, and power plants. Pipeline infrastructure necessitates tank coatings, temperature monitoring, and leak detection systems to ensure the safe and efficient transportation of oil and natural gas. Terminal operations rely on railcar loading, level monitoring, and inventory management to facilitate the transfer of petroleum products between various modes of transportation. Data security is a growing concern, as digitalization increases the need for robust cybersecurity measures.

These facilities incorporate advanced technologies such as artificial intelligence (AI), big data analytics, and remote monitoring to optimize capacity utilization and improve energy efficiency. Environmental protection is a critical concern in the oil and gas storage industry, with fire suppression systems, vapor recovery systems, and corrosion control measures ensuring safety and minimizing the carbon footprint. Logistics and transportation, including marine loading and third-party logistics, streamline the movement of petroleum products and facilitate just-in-time delivery. Storage tank maintenance, tank cleaning, and risk management practices ensure the longevity and safety of storage facilities. Digital transformation and SCADA systems enable

Annual data on proved reserves of crude oil, natural gas, and natural gas liquids in the U.S. Based on EIA Form-23L data. Proved reserves are estimated volumes of hydrocarbon resources that analysis of geologic and engineering data demonstrates with reasonable certainty are recoverable under existing economic and operating conditions. Reserves estimates change from year to year as new discoveries are made, existing fields are more thoroughly appraised, existing reserves are produced, and prices and technologies change.

The global Oil and Gas Data Management System market is expected to reach USD XX million by 2033, growing at a CAGR of XX% during the forecast period 2025-2033. The market growth is driven by the increasing demand for efficient data management solutions in the oil and gas industry. The rising need to optimize operations, improve decision-making, and enhance asset performance is fueling the adoption of Oil and Gas Data Management Systems. Additionally, the growing adoption of digital technologies, such as IoT, cloud computing, and big data analytics, is creating new opportunities for market expansion. The market is segmented into various segments such as application, type, and region. Large enterprises and SMEs are the primary end-users of Oil and Gas Data Management Systems. The market is also segmented into on-premises and cloud-based deployment models. Leading companies in the market include Cisco Systems, EMC, Hewlett Packard Enterprise, Hitachi, IBM, NetApp, Oracle, SAP, SAS Institute, Wipro, and others. The key players are investing in research and development to offer advanced solutions and gain a competitive edge. In terms of regional distribution, North America is expected to hold the largest market share throughout the forecast period, followed by Europe and Asia Pacific. The increasing adoption of IoT and big data technologies in the oil and gas industry is driving the market growth in these regions.

Recent developments include: July 2022: The Indian government announced that it had set a target to raise the share of natural gas in the energy mix to 15% by 2030 from the current 6.3%. According to the data demonstrated by the Ministry of Petroleum & Natural Gas, 95.21 lakh PNG (Domestic) connections have been provided, and the authorized entities have established 4531 CNG (Transport) stations as of 31 May 2022., May 2022: The China National Offshore Oil Company (CNOOC) awarded CNY 16 billion (USD2.42 billion) contracts for building 12 liquefied natural gas tankers. The 12 vessels will be constructed by Hudong Zhonghua Shipbuilding Co., a China State Shipbuilding Corporation (CSSC). Each tanker can carry about 174,000 cubic meters of LNG, equivalent to 108 million cubic meters when re-gasified. The vessels are slated for commissioning between 2024 and 2027., January 2022: GAIL (India) Ltd commenced India's first-of-its-kind project of mixing hydrogen into the natural gas system in Indore, Madhya Pradesh. The hydrogen blended natural gas will be supplied to Avantika Gas Ltd, one of GAIL's joint ventures with HPCL, to retail CNG to automobiles and piped natural gas to households in Indore.. Key drivers for this market are: 4., Increasing Electricity Demand4.; Rsing Investments in the Coal Industry. Potential restraints include: 4., Increasing Installation of Renewable Energy Sources. Notable trends are: Increasing Investments in Natural Gas Production to Drive the Market.

The global oil and gas data management market is projected to grow from USD 17.39 billion in 2023 to USD 36.39 billion by 2032, at a Compound Annual Growth Rate (CAGR) of 8.8%. The increasing need for efficient data management to optimize operations, reduce costs, and enhance decision-making is driving the market growth. The growing adoption of digital technologies, such as Artificial Intelligence (AI) and Machine Learning (ML), in the oil and gas industry is further fueling the demand for advanced data management solutions. The need for real-time data access, data integration, and analytics to improve operational efficiency and asset utilization is driving the adoption of oil and gas data management solutions. The market is segmented based on type into hardware and software and based on application into upstream, midstream, and downstream. The software segment is expected to hold a larger market share due to the increasing demand for advanced data management and analytics capabilities. The upstream segment is projected to dominate the market due to the growing need for efficient data management to optimize exploration and production activities. The rising demand for centralized data management systems to improve decision-making and operational efficiency is driving the growth of the oil and gas data management market. The adoption of cloud-based data management solutions is expected to gain traction as it offers flexibility, scalability, and cost-effectiveness.

Market Overview The global Gas Inventory Management market size, valued at USD XX million in 2025, is projected to expand at a CAGR of XX% during the forecast period of 2025-2033. Growth is driven by increasing gas demand, rising awareness of inventory optimization, and advancements in technology. Major trends include automation, real-time data analysis, and predictive analytics, providing businesses with greater visibility and control over their gas inventory. Market Segments The market is segmented by type (Periodic Inventory System, Perpetual Inventory, Stock Locator Database, Grid Coordinating Numbering System) and application (Asset Tracking, Product Differentiation, Service Management, Inventory Optimization). Key companies operating in the market include Zoho Inventory, Vyapar, Oracle NetSuite ERP, AlignBooks, Horizon ERP, DataCo, Greasebook, Orion ERP. Regionally, North America dominates with the largest market share, followed by Europe and Asia Pacific. Gas Inventory Management solutions are expected to gain significant traction in emerging markets due to increasing industrialization and urbanization, driving further market growth in the coming years. Gas inventory management is a crucial aspect of the natural gas industry, ensuring that accurate and up-to-date information on gas reserves, production, and consumption is available. This report provides a comprehensive overview of the gas inventory management market, covering key industry trends, challenges, and growth opportunities.

This dataset provides national location information for publicly available natural gas geochemistry data reported in mol%. The data were collected from the U.S. Geological Survey (USGS) Energy Geochemistry Database (EGDB), Bureau of Land Management (BLM) technical notes, and reacquired Bureau of Mines technical reports. This dataset represents an aggregate of multiple datasets in one unified system with a number of attributes for use in resource assessment.

The Middle East Natural Gas Market report segments the industry into Type (Ethane, Propane, Methane, Other Gas Types), Source (Conventional Gas, Unconventional Gas), Application (Automotive, Power Generation, Household, Industrial Fuel), and Countries (Saudi Arabia, UAE, Iran, Rest of Middle East and Africa). Get five years of historical data alongside five-year market forecasts.

The size of the Big Data in Oil & Gas Exploration and Production Market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 10.20">> 10.20% during the forecast period. The oil and gas exploration and production (E&P) sector is undergoing a transformation due to the impact of big data, which significantly improves decision-making, streamlines operations, and boosts overall efficiency. Given the industry's reliance on intricate, data-heavy processes, big data technologies empower organizations to process extensive information from diverse sources, including seismic surveys, drilling data, and production metrics, in real-time. This capability enhances forecasting accuracy, optimizes reservoir management, and refines exploration strategies. Utilizing advanced analytics and machine learning algorithms allows for the detection of previously hidden patterns and trends, thereby promoting more informed decision-making and effective risk management. For instance, predictive maintenance models can foresee equipment failures, thereby reducing downtime and lowering maintenance expenses. Furthermore, big data analytics facilitate the optimization of drilling methods and production workflows, resulting in improved resource recovery and operational efficiency. The incorporation of big data within the oil and gas industry also fosters innovation in subsurface modeling, reservoir simulation, and production monitoring, enabling firms to maximize output while minimizing operational risks. Nevertheless, the implementation of big data technologies presents challenges, including data security concerns, the necessity for skilled personnel, and substantial initial investment requirements. Despite these obstacles, the adoption of big data in E&P is on the rise, propelled by its capacity to significantly enhance operational efficiency and profitability within the energy sector. Recent developments include: Cloud-based technology and solutions have become an essential tool for the energy sector, especially in the Middle East, to store data and analyze it. The COVID-19 pandemic boosted the growing cloud computing in the oil and gas industry in recent years.. Key drivers for this market are: 4., Uninterrupted and Reliable Power Supply and Heavy Deployment of DG (diesel generator) Set4.; Improvement in Technology of Diesel Generator. Potential restraints include: 4., The Growing Trend of Renewable Power Generation. Notable trends are: Big Data Software to Dominate the Market.

This dataset supports a Bayesian meta-analysis of upstream methane emission rates of U.S. oil and gas production from the empirical literature. The data is collected from manual searches on Google Scholar. In this associated supplementary data package, I include: 1) "Data.xlsx" - an Excel workbook containing all relevant data collected in this study, with the following tabs: 1a) Regional - this tab contains the main dataset used for analysis. It contains all basin-level estimates from the literature, along with the year of the study, the data years of collection, the method, and a link to the study. 1b) National - this tab contains national-level estimates, not used in the analysis 1c) Data from Omara et al 2018 - this tab contains data pulled from Omara et al (2018), which I then include in the Regional tab 1d) Natural gas Production - annual national U.S. natural gas gross withdrawals 1e) Basin-Level Production - annual basin-level natural gas gross production 1f) Breakeven Rates - coal-gas breakeven rates collected from the literature, with their associated characteristic scenarios 1g) Implied Breakeven Feldman McCabe - calculations for imputing a breakeven rate from Feldman and McCabe (2024) 2) "Analysis.rmd" - an R markdown file containing all R code required to run the analysis in the accompanying paper 3) "models/" - intermediates from the Analysis.rmd file, of the Bayesian models fit in the analysis 4) "plots/" - output from the Analysis.rmd file, of graphs used in the analysis 5) "tex/" - output from the Analysis.rmd file, of LaTeX tables used in the analysis

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Big Data Market In Oil And Gas Sector Size 2025-2029

The big data market in oil and gas sector size is forecast to increase by USD 31.13 billion, at a CAGR of 29.7% between 2024 and 2029.

In the Oil and Gas sector, the adoption of Big Data is increasingly becoming a strategic priority to optimize production processes and enhance operational efficiency. The implementation of advanced analytics tools and technologies is enabling companies to gain valuable insights from vast volumes of data, leading to improved decision-making and operational excellence. However, the use of Big Data in the Oil and Gas industry is not without challenges. Security concerns are at the forefront of the Big Data landscape in the Oil and Gas sector. With the vast amounts of sensitive data being generated and shared, ensuring data security is crucial. The use of blockchain solutions is gaining traction as a potential answer to this challenge, offering enhanced security and transparency. Yet, the implementation of these solutions presents its own set of complexities, requiring significant investment and expertise. Despite these challenges, the potential benefits of Big Data in the Oil and Gas sector are significant, offering opportunities for increased productivity, cost savings, and competitive advantage. Companies seeking to capitalize on these opportunities must navigate the security challenges effectively, investing in the right technologies and expertise to secure their data and reap the rewards of Big Data analytics.

What will be the Size of the Big Data Market In Oil And Gas Sector during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
Request Free SampleIn the oil and gas sector, the application of big data continues to evolve, shaping market dynamics across various sectors. Predictive modeling and pipeline management are two areas where big data plays a pivotal role. Big data storage solutions ensure the secure handling of vast amounts of data, enabling data governance and natural gas processing. The integration of data from exploration and production, drilling optimization, and reservoir simulation enhances operational efficiency and cost optimization. Artificial intelligence, data mining, and automated workflows facilitate decision support systems and data visualization, enabling pattern recognition and risk management. Big data also optimizes upstream operations through real-time data processing, horizontal drilling, and hydraulic fracturing. Downstream operations benefit from data analytics, asset management, process automation, and energy efficiency. Sensor networks and IoT devices facilitate environmental monitoring and carbon emissions tracking. Deep learning and machine learning algorithms optimize production and improve enhanced oil recovery. Digital twins and automated workflows streamline project management and supply chain operations. Edge computing and cloud computing enable data processing in real-time, ensuring data quality and security. Remote monitoring and health and safety applications enhance operational efficiency and ensure regulatory compliance. Big data's role in the oil and gas sector is ongoing and dynamic, continuously unfolding and shaping market patterns.

How is this Big Data In Oil And Gas Sector Industry segmented?

The big data in oil and gas sector industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. ApplicationUpstreamMidstreamDownstreamTypeStructuredUnstructuredSemi-structuredDeploymentOn-premisesCloud-basedProduct TypeServicesSoftwareGeographyNorth AmericaUSCanadaEuropeFranceGermanyRussiaAPACChinaIndiaJapanSouth KoreaSouth AmericaBrazilRest of World (ROW)

By Application Insights

The upstream segment is estimated to witness significant growth during the forecast period.In the oil and gas industry's upstream sector, big data analytics significantly enhances exploration, drilling, and production activities. Big data storage and processing facilitate the analysis of extensive seismic data, well logs, geological information, and other relevant data. This information is crucial for identifying potential drilling sites, estimating reserves, and enhancing reservoir modeling. Real-time data processing from production operations allows for optimization, maximizing hydrocarbon recovery, and improving operational efficiency. Machine learning and artificial intelligence algorithms identify patterns and anomalies, providing valuable insights for drilling optimization, production forecasting, and risk management. Data integration and data governance ensure data quality and security, enabling effective decision-making through advanced decision support systems and data visual

Global Oil and Gas Cloud Applications Market size is set to expand from $ 6.03 Billion in 2023 to $ 20.70 Billion by 2032, with an anticipated CAGR of 14.68%.

This data set provides historical monthly marketable natural gas production by province from the beginning of 2000 to the most current available month for each province. Data is gathered from provincial government websites and marketable natural gas is calculated. https://www.cer-rec.gc.ca/en/data-analysis/energy-commodities/natural-gas/statistics/marketable-natural-gas-production-in-canada.html.

Introduction

Natural Gas Statistics: In recent years, natural gas has emerged as a vital component of the global energy mix, serving as a cleaner alternative to fossil fuels and facilitating the shift toward more sustainable energy sources. The demand for natural gas has surged notably across power generation, industrial uses, and residential heating, leading to substantial increases in both consumption and production worldwide.

Breakthroughs in extraction methods, such as hydraulic fracturing and horizontal drilling, have unlocked large reserves, particularly in North America, significantly altering global supply patterns. This statistical analysis explores key trends in natural gas production, consumption, trade flows, and pricing, offering valuable insights into the factors shaping the market, regional variations, and prospects in the energy sector.

This dataset represents the data underlying the figures presented in the manuscript "The potential role of natural gas power plants with carbon capture and storage as a bridge to a low-carbon future." The manuscript itself is a parametric analysis examining this technology under various technological and contextual assumptions.

This dataset is associated with the following publication: Babaee, S., and D. Loughlin. Exploring the role of natural gas power plants with carbon capture and storage as a bridge to a low-carbon future. CLEAN TECHNOLOGIES AND ENVIRONMENTAL POLICY. Springer-Verlag, New York, NY, USA, 20(2): 379-391, (2017).