DSDE: In the Industry
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A challenging problem of automated history-matching work flows is ensuring that, after applying updates to previous models, the resulting history-matched models remain consistent geologically. -
Blockchain, the underlying technology behind the sensational Bitcoin, could profoundly affect the oil and gas industry by cutting down on operational time and costs while also introducing more transparency to the industry.
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Data from the UK Oil and Gas Authority’s new data repository cover 12,500 offshore wellbores, 5,000 seismic surveys, and 3,000 pipelines.
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The company plans an innovative application of oceanographic instrumentation to maximize recovery at its Johan Sverdrup oil field in the North Sea.
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Jobs with repetitive activities may decrease, while new types of onshore jobs are being created.
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The world’s largest oilfield services firm and one of the largest providers of SCADA systems have formed a joint venture to create Sensia, an integrated automation suite.
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A technology initiative is changing more than the digital landscape at Murphy Oil. Since its deployment in November 2018, Murphy Labs is changing the very culture of the corporation.
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ExxonMobil is rolling out a project that will enable it to collect all operating data from its refineries and chemical plants—up to 1 billion bits per minute—into a high-performing computing environment.
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BP Ventures has invested $5 million in Belmont Technology’s Series A financing to further bolster BP’s artificial intelligence and digital capabilities in its upstream business.
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The deployment and adoption of digital technologies across the oil and gas value chain could help scale the effect of the industry’s methane-reduction efforts, finds a new report.
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