DSDE: Features

While digital-strategy implementation is at least superficially reliant on technical and architectural advances and vendor solutions, the narrow focus on technology has come at the expense of a data-centric digitalization approach.

Atlas and Fênix, also from Petrobras, are the two largest supercomputers in Latin America.

Satelytics, a US-based geospatial analytics software startup, will receive $5 million from BP Ventures to develop its methane-detection technology and then scale its applications across the oil and gas sector.

With their gee-whiz—albeit artificial—intelligence, robots may be the industry’s answer to jobs deemed dangerous, dirty, distant, or dull.

For the first time, attendees will have open access to both societies’ technical programs, a combined exhibit floor, and joint networking events.

Oil and gas companies are awash with data. Engineers and geoscientists struggle to work with massive amounts of unstructured, yet valuable, data because it is not organized, is difficult to manage, and may not be complete. New work flows now allow this data to be organized successfully.

Greg Leveille said he is optimistic that the shale sector will be able to bounce back from its second downturn in 5 years. The trick this time, he says, will be not just investing in new digital technologies but putting them to work.

For years, the oil and gas industry has stored its seismic data on tape. While that had been the best format for the time, it wasn’t very efficient. Now, a rapidly growing network of satellites, coupled with cloud storage, is set to neutralize that problem.

A blockchain pilot program conducted by an oil and gas consortium has shown promise in automating payments for oilfield water handling.

This is Part 2 of a paper written by the Digital Transformation Subcommittee of SPE’s Digital Energy Technical Section on the importance of change management in digital transformation.