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As companies begin to embrace the concepts of digitalization and big data, the main challenge remains: How do we make a step change in reducing human error in heavily paper-based operating and maintenance procedures?

In this 30-minute interview, Angela Dang Atkinson, a data scientist with Cognite, talks about what skills beyond technology new petroleum engineers need and what challenges they will face in the digital oil field.

He started in the oil and gas business running logs in the 1990s and by the end of the decade became a petroleum engineer at Equinor. Now, he is set to take over the company’s top position.

Weatherford will embed INT’s IVAAP framework into the Weatherford Centro digital well delivery software, advancing its data-visualization capabilities.

The large independent joins the ranks of many other oil and gas producers who have been forced to reduce their exploration activity and the value of their booked reserves due to lower energy prices.

The latest deal is set to make Southwestern Energy the third-largest producer in the gas-rich Appalachian Basin.

The Cameron LNG project completed its final train this month, but other LNG projects such as Calcasieu Pass LNG, Driftwood LNG, and Lake Charles LNG face difficulties during the economic downturn.

Among the top 50 oilfield service firms, downsizing is estimated to land at a headcount of 610,000, down from the 760,000 maintained after the 2016 downturn.

The companies say they expect the alliance to provide an integrated, open-architecture software platform designed to maximize asset potential.

The announcements are part of the company’s divestment strategy to reduce debt and improve capital.

A volatile market, and a shift to more remote operations during the global pandemic has been a catalyst for demand for mIQroTech’s leak-detection technology

Forced to tighten their belts financially by the coronavirus pandemic, businesses are increasingly using software that automates back-office tasks. The idea, of course, is for companies to save money by reducing the number of workers they need to handle clerical work.