People working in the oil and gas industry focus on collecting, storing, analyzing, and interpreting large amounts of data to gain operational efficiencies and extract more value from core assets. A recent study suggests oil companies have opportunities to significantly increase value by carefully reviewing their current data management practices. Implementing business intelligence and analytics solutions across the downstream value chain can help companies improve cost control, drive efficiencies, and increase profitability through better management and analysis of operational data in real time.