DSDE: In the Industry

Most history-matching studies have fixed resources—that is, the team of engineers and geoscientists is predetermined. Moreover, the deadlines are always very strict. This constrained scenario often leads to an unfortunate result: The quality of the study suffers.

Machine learning can provide accurate prediction of annular pressure buildup, first-year oil production, and (in conjunction with novel casing accessories) the time and location of water breakthrough along a lateral wellbore.

UK North Sea oil and gas production is set to be maintained at normal levels despite the industry moving to "minimal manning" of offshore facilities in the face of the COVID-19 pandemic, trade body Oil and Gas UK's health and safety director, Trevor Stapleton, said.

Methane, a powerful greenhouse gas, is leaking from industry sites at rates equivalent to the annual carbon emissions of France and Germany combined, a new analysis using satellite data shows.

An ultrahigh-density high-resolution data set from the Hammerfest Basin is now available from PGS. The area is thought to contain around half of the undiscovered resources on the Norwegian continental shelf, according to the Norwegian Petroleum Directorate.

The companies have signed a memorandum of understanding on digital collaboration to develop solutions and methods together through the exchange of expertise in areas such as data science, artificial intelligence, and 3D printing.

As part of the deal, Pertamina is moving all of its petrotechnical applications to the iEnergy cloud service, which is run by Halliburton arm Landmark.

i-Tech 7, Subsea 7’s life-of-field business unit, and Shell International E&P have entered into a collaborative technology agreement to accelerate subsea digitalization, initially for a period of 5 years from the fourth quarter of 2019.

The seismic-data company has announced the completion of its offshore Peru 2D and 3D seismic data set, consisting of 19 rectified and merged 2D seismic surveys and 21 rectified and merged 3D seismic surveys.

Petroweb, a provider of global E&P data cataloging to the energy industry, announced the launch of its Data Curating platform, which provides a continuously up-to-date catalog of available third-party E&P data sets worldwide.