DSDE: In Theory

Decline-curve analysis is one of the more widely used forms of data analysis that evaluates well behavior and forecasts production and reserves. This paper presents technologies that apply DCA methods to wells in an unbiased, systematic, intelligent, and automated fashion.

It's not just semantics. Companies that fail to understand the differences between data privacy and data security put their brands and bottom lines in jeopardy.

To deliver digital twin technology for the upstream oil and gas markets, the Doris Group, Schneider Electric, and AVEVA are entering into a strategic partnership.

The E&P subsurface sector today faces the lowest reserve replacement ratios in decades as well as an increasing need to maximize recoverable oil and gas from developed fields.

Morag Watson, senior vice president of digital science and engineering at BP, reveals how a data-driven approach can add a different dimension and where BP is on the digital curve.

ConocoPhillips has deployed a low-code platform called Mendix to cut costs and increase efficiency, making it the first major oil and gas producer to use such technology across the company.

A recent test proved the feasibility of using LiDAR on remote-controlled drones to create 3D maps of the inside of tanks, increasing the safety and efficiency of inspections.

Three-dimensional seismic technology helped unlock more subsurface secrets for oil and gas operators. Now, 3D technology can be used in scanning, a cutting-edge technology that engineers can use to plan upgrades to oil and gas assets virtually.

Despite streams of data being available on platforms about the condition of topside and drilling equipment, most experts agree that only a small fraction of such data is used. Whether for a fleet or single platform, AI can transform an offshore enterprise.

To keep pace with the digital age, the critical infrastructure and automation industries are looking beyond today’s control systems for new, common technologies to help balance requirements for uptime with digital technologies. Open standards can help.