| Date | Venue | Fees | |
|---|---|---|---|
| 05 - 16 Oct 2026 | London - UK | $ 11,900 | |
| 04 - 15 Oct 2027 | London - UK | $ 11,900 |
Modules
This training course is split into the following modules:
Module I - Data Analysis Techniques
Module II - Infographics & Data Analytics for Oil & Gas Reporting
Module I: Data Analysis Techniques
Logical and Reliable Data Analysis, Descriptive Statistics, and Pivot Tables
- Importing data into Excel
- Best practice when analyzing data
- Analyzing and representing coded data
- Descriptive statistics and their real meanings
- Performing a frequency analysis
- The use of pivot tables and pivot charts
- Noisy and incomplete data, statistical significance and dealing with outliers
Data Mode Shape Analysis
- Plotting data against time
- Generating data mode shapes
- Fitting curves to data
- Correlating mode shape to time-based events
- Interpreting time series analyses
- Moving average calculations
Scenario Analysis and Interactive Spreadsheets
- Representing analytical problems as multi-input, single-output (MISO) systems
- Deterministic systems analysis
- What if and visual scenario analysis
- Dynamic / interactive spreadsheets and the use of forms control
- Moving window, conditional and adaptive calculations
- Measuring the sensitivity of calculated variables
Regression Analysis and Correlation
- Equations of curves
- The prediction of future behavior using data shape – regression analysis
- Linear, polynomial, exponential and power curve fits
- The dangers of over-fitting
- Data end effects
- Goodness of fit (sum of square error – SSE) and R2
- Evaluating equations, solving equations, and using Solver
- Correlation and causality
Data Driven Methods and Analysis of Variance
- Non-deterministic system
- Data driven methods
- One step ahead future prediction using data science (multivariate correlation)
- Single factor analysis of variance (ANOVA)
- Two factor analysis of variance
- A demonstration of artificial intelligence – the travelling salesman problem
Module II: Infographics & Data Analytics for Oil & Gas Reporting
Introduction and Descriptive Statistics
- What is Data Analysis?
- A reminder of elementary statistics and compensations for small sample sizes
- A Quick-start Tutorial for Excel
- Describing Data Sets using Statistics
- Representing Data Sets Graphically
- How to create Info-graphic in Excel
- How Info-graphics Data Presentation compares to the Traditional Methods
Frequency and Time Series Analysis
- Frequency of Occurrence
- Histograms
- Pareto Analysis
- How Excel Dashboard is Different from Infographics
- How to combine Excel and Power Point for Creating Infographics
- Time Series and Trend Analysis
- Estimation Theory and Its Relevant to Oil and Gas Data
Scenario Analysis, Confidence and Six Sigma
- Modelling Scenario and their Application in Oil and Gas Companies
- Interactive Spreadsheets
- Confidence Intervals
- Usefulness of Control Chart for Oil and Gas Companies
- Error Bars
- Online Tools for Creating Infographics
- Practical Creation of Infographic using real Data
Regression Analysis Equations and System Modeling
- Simple Regression Analysis
- Polynomial Curve Fits
- Describing Data Using Equations
- Prediction
- The Applications of Regression to Oil and Gas Companies
- Analysis Of Variance (ANOVA)
- Comparing Different Types of Infographics
The Infographics Creation and Critique
- Presenting Data Using Appropriate Reporting Style
- Practice Creating the Infographics and Its Presentation
- Focus on the Storytelling
- Overall Review of Concepts Learned and How they can be applied in practice
- Upon successful completion of this training course, GLOMACS Certificate will be awarded to the delegates. Continuing Professional Education credits (CPE): In accordance with the standards of the National Registry of CPE Sponsors, one CPE credit is granted per 50 minutes of attendance