Testing page for app
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The AI journey starts with a single step, but too many companies take the wrong first step.
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The words "disruption" and "change" are becoming more and more common in many industries, including offshore oil and gas.
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Rystad Energy estimates show demand will be at its lowest in April before moving back up again in May.
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Tubular steelmaker Vallourec is latest to join reductions in workforce.
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A technical synopsis of major considerations for unconventional wells facing prolonged shut-ins. The review includes deciding factors for kill fluid selection and risks of incompatible fluid mixing.
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There is often an assumption that big data, together with machine learning, will solve whatever problems asset-heavy industries such as oil and gas face. This is not the case; big data alone isn’t enough. We need something else to solve these problems, and the answer lies in the world of physics.
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As tight-oil producers move to curtail production, hard-to-answer questions are being raised about how shuttered wells will come back. The issue reveals key uncertainties about the delicate flow paths that define unconventional reservoirs.
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AltaML has announced a partnership with engineering and design firm Kleinfelder in which the two companies will pair 3D reality scans of facilities with artificial intelligence to look for potential problems and risks.
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Researchers with the National Center for Airborne Laser Mapping at the University of Houston are creating a set of algorithms that would allow users to more-precisely align data sets collected at different times and reliably estimate changes between images captured at different times.
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On 20 April, a historic drop of oil prices occurred. WTI futures contract dove into negative territory for the first time ever.