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Cube drilling was an exciting idea several years ago. Since then, the luster seems to have faded. Now, production software company Novi Labs says machine learning may bring life back to the concept.
These awards are designed to recognize those members who have contributed exceptional service and leadership to the Society, as well as those who have made major professional contributions to their technical disciplines at the regional level.
Open Energi’s technology optimizes the energy use of low-carbon assets, including battery storage, hydrogen electrolyzers, and solar farms, connecting the assets to power markets and giving traders access to real-time data. The goal is to provide flexibility at times of low renewable-energy generation and during price peaks.
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The FBI also released a security advisory and details regarding 23 attacks on oil and gas companies from December 2011 to 2013. -
A 2020 cyberattack resulted in the theft of 1 terabyte of information from the oil giant.
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Find out which SPE members will be recognized during the 2021 Annual Technical Conference and Exhibition (ATCE) in Dubai in September.
ExpressFiber is a single-use system that uses disposable-fiber technology.
Halliburton supplies the sensing and analytics technology, and TechnipFMC provides the necessary connections. The combination, which won a Spotlight on New Technology Award, will be used by ExxonMobil in Guyana.
The first unmanned marine systems certificate has been awarded to SEA-KIT International by Lloyd’s Register, representing an important milestone for the maritime industry.
In reviewing the long list of papers this year, it has become apparent to me that the hot topic in reservoir simulation these days is the application of data analytics or machine learning to numerical simulation and with it quite often the promise of data-driven work flows—code for needing to think about the physics less.
The new data-management platform is designed to increase access to energy data.
The US represents the largest regional market, while China is expected to emerge as the fastest-growing market.
The digital project is designed to deliver data management and insight across Aramco’s entire drilling fleet, making it the largest deployment in Baker Hughes’ history.
The Society of Petroleum Engineers (SPE) and the American Association of Petroleum Geologists (AAPG) announced today that the two organizations are exploring the possibility of becoming one.
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The oil and gas industry can benefit from the operational insights that IT/OT convergence provides. Predictive maintenance, in particular, helps improve safety and control costs. -
Four CEOs describe what goes into turning a world of data into a data-driven world. -
The authors demonstrate how artificial intelligence and machine learning can help build a purely data-driven reservoir simulation model that successfully history matches dynamic variables for wells in a complex offshore field and that can be used for production forecasting. -
The paper describes an end-to-end deep surrogate model capable of modeling field and individual-well production rates given arbitrary sequences of actions.
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Satellites provide an invaluable, bird's-eye view of planet Earth. But how—and how quickly—will the data materialize into meaningful actions? -
An EU-backed wind foundation design project revealed that predictive digital twin technology can reduce the steel weight and associated costs of offshore foundations. -
The authors write that even simple deep-learning architectures can identify a leak using pressure data. -
The authors describe the process of building multiple scenario-based models to optimize development planning in preparation for the upcoming production phase of the Ichthys field offshore Australia.
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Data center company Crusoe Energy Systems is sounding out investor interest in a potential debt deal that would help grow the firm’s Bitcoin mining business, according to people with knowledge of the mater.
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The latest iteration of the Top500 list puts the Perlmutter supercomputer at Lawrence Berkeley Laboratory in the spotlight.
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The carbon footprint of Bitcoin and other cryptocurrencies has been making headlines recently. This article explains what drives their energy consumption and presents alternative approaches.
