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A blockchain pilot program conducted by an oil and gas consortium has shown promise in automating payments for oilfield water handling.

This is Part 2 of a paper written by the Digital Transformation Subcommittee of SPE’s Digital Energy Technical Section on the importance of change management in digital transformation.

The Open Group OSDU Forum aims to create a standard data platform on which members work collaboratively to enable secure, reliable, global access to all subsurface and well data.

The new software enables high-resolution, real-time fracture-stage data to be shown on top of multiple previous stages to visualize optimized performance or to be tracked against an ideal preset stage.

What’s driving ESG investment?

This paper presents a tool used to control and monitor a fleet of more than 100 vehicles through road-risk analysis and geofencing on the vehicle tracking system.

Developed by the large shale producer, its new way to monitor interactions between horizontal wells is now available as a commercial software. The concept is considered a stepping stone toward real-time fracture design.

WFS Technologies’ collaboration is its second in as many months supporting its Seatooth technologies.

For years, the oil and gas industry has stored its seismic data on tape. While that had been the best format for the time, it wasn’t very efficient. Now, a rapidly growing network of satellites, coupled with cloud storage, is set to neutralize that problem.

Forecasts are lowered for levels of E&P, budgets, and project sanctioning.