K2V Limited displays where a selection of accredited oil & gas sector consultants has relevant information by spatialising their knowledge using an online map with crowdsourced information. The pins indicates the location where special knowledge is available.
Image: 	Geonova based on Berardo62 via wikimedia commons

Spatialised knowledge

K2V Limited displays where a selection of accredited oil & gas sector consultants has relevant information by spatialising their knowledge using an online map with crowdsourced information. The pins indicates the location where special knowledge is available. Image: Geonova based on Berardo62 via wikimedia commons

Better decisions with crowdsourced and mapped knowledge

April 5, 2017

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Decision making is indeed a challenge for the industry, in particular in exploration (read more about this on Geobuzz “When it pays to be intuitive versus systematic” by Alexei Milkov, Colorado School of Mines”).

The U.K. based company K2V Limited focuses on the issues around knowledge in the oil & gas industry, aiming at “improving decision making by collapsing cognitive bias and eradicating perceptual blindness”. For this purpose, they developed a neat map where they aim to display the locations where accredited oil & gas sector consultants do have special knowledge about. 

The concept of crowdsourcing is not new to the oil & gas industry. Statoil and GE for example make a serious and continuous attempt to harvest the creativity from smart minds outside their companies’ boundaries to tackle tricky challenges. And we all know  and enjoy Geonova’s WellBet – another example of crowdsourcing.

Companies like Draupner Energy are pioneering this new way of thinking and working for the exploration game on a whole new level.

Learn more about this on geo365.no and join NCS Exploration for further discussions.
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Follow the Geobuzz link to read the full story about the knowledge map.

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