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The big data approach will allow new types of data-driven models to bypass traditional bottlenecks. It is also expected to lead to different views of standard models, thus providing new and valuable insights in the process.

Sustained low oil prices have not yet had a significant effect on many universities’ research and development programs. For now, money allocated by the oil and gas industry in previous years is still available for many institutions.

The chief technology officer tells why he is optimistic about the current oil price situation, how the market downturn could be an ideal opportunity for innovation and slashing costs, and what major technology trends will be expected in the near future.

New seismic data gathering techniques promise better images for less by gathering more data quicker, seeing past obstructions, and seeking out scarce frequencies.

A panel of experts says US shale producers need to rethink their drilling and completion designs as problems mount for horizontal wells when they go on pump. Hanging in the balance is whether long-term production from many shale wells will be achievable.

While some standardization makes sense, it is important for the industry to implement cost-effective supply chain practices to efficiently deliver customization when it improves efficiency and increases production.

The oil price cannot be USD 20 for any long period because we cannot produce enough oil to feed the world at that price. But if the price of oil is based on supply and demand, how could it fall to USD 20 at any point in time?

Nontechnical risks, primarily around HSE or social responsibility, increasingly pose risks to project timelines. To manage these risks, companies are seeking systems that can ensure quality performance in these operational areas.

The word “broadband” is used to sell a lot of what is new in offshore seismic. It can mean different things depending on who is speaking.

Companies are using an increasing number of sound shots to gather more data in a shorter time frame.