How Data-Science is Preparing Mid-Sized Oil Firms for the Future by Letting them achieve “More with Less”

4 min readDec 7, 2020

Like several other sectors, the oil and gas industry has also been facing the heat of the covid-induced crisis for months in addition to uncertainties caused by the China-Saudi Arabia oil price controversy. While revenues of oil giants are up in flames, mid-sized upstream oil extractors are gearing up for survival.

But despite resilience, these medium-sized firms have had to offload a chunk of their resources to reduce cost in payment for day to day operations. This leaves them with limited assets to handle the workload on-site and in management.

Doing More with Less is the norm as companies step into the future, and that’s where data science and tech-based solutions become the most effective tools. Apps equip organizations with easy-to-use, sophisticated systems to store real-time data, track the progress of ongoing operations, and also schedule maintenance as well as safety upgrades for oil wells.

Having a tabulated collection of data along with normalized tags means information is available at the fingertips at any given time in any location. All this folded into a single, user-friendly app allows two people to smoothly navigate through tasks that previously required ten.

While we are looking at the future, the real-time and uninterrupted flow of updates creates a pool of data to be analyzed and used for predicting costs and requirement of resources for new drilling operations. This comes in handy while pitching for projects and crafting cost-effective solutions when the industry will be looking for an affordable road to recovery.

Chirality Research Inc’s foray into automating and simplifying operations for mid-sized oil exploration started six years back by Dr. Ismail with his experience in managing production chemicals. On spotting drawbacks in oil extraction operations, Dr. Ismail used his scientific acumen to devise a way to use data science to create a more organized and cost-effective workflow.

Chirality offers Services that include:

Amplifying capabilities: Tech allows management of maximum tasks while cutting down dependency on more resources in every walk of life now. An app that does this in a time of cost-saving for the oil industry is an essential tool.

Monitoring field operations in real-time: Other than the importance of maintenance and worker safety measures, keeping an eye on wells is important for ensuring social distancing and health of the workforce, to avoid any hurdles during operations.

Chirality Research has partnered with Canary Labs to track, store, and process data for optimizing productivity from operations while minimizing resources and time spent.

Getting along with some Articles:

Carbon Intensity in GOM vs. Permian (article): https://chemrxiv.org/articles/Statistical_Study_of_Carbon_Intensities_in_the_GOM_and_PB/12111480/1

Production Maintenance Tracker (article): https://pubs.spe.org/en/dsde/dsde-article-detail-page/?art=5773

Environmental Reporting App (article): https://pubs.spe.org/en/hsenow/hse-now-article-page/?art=7152

ESG Scope 3 CO2 Emissions for Business Travel: A Comparison of Static and Dynamic Models:
https://medium.com/@chiralityresearchinc/esg-scope-3-co2-emissions-for-business-travel-a-comparison-of-static-and-dynamic-models-ab6bc07be310

A Comparative Study of Plant-based Burgers and Meat Burgers: https://medium.com/@chiralityresearchinc/a-comparative-study-of-plant-based-burgers-and-meat-burgers-fae099b41601

COVID-19’s Geographic Distribution along Major US Interstates and Potential Impact on Trucking Industry: https://medium.com/@chiralityresearchinc/covid-19-highway-profiling-951e65899f99

City of Houston COVID-19 Apex Predictions: https://medium.com/@chiralityresearchinc/city-of-houston-covid-19-apex-predictions-8b278b78c9cc

A Practical Approach to Opening Up the Economy: https://medium.com/@chiralityresearchinc/a-practical-approach-to-opening-up-the-economy-5f220c60ccd1

Work Arena: