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Norway’s oil and gas major, Equinor, made headlines in October 2018 following its launch of the world’s first fully automated wellhead platform, the Oseberg H. Here, Claudia Jarrett, US country manager of parts supplier EU Automation, explains the challenges of unmanned automation in oil and gas.

Approximately 90% of construction work has been completed on the pipeline, which is expected to transport up to 670,000 BOPD from the Permian Basin to the US Gulf Coast. Cactus II is one of several pipelines aimed at alleviating takeaway concerns in the Permian.

The oil and gas industry already lives on the edge when it comes to the remote and often inhospitable geographic locations that it operates in, but now it is moving its computing to the edge to gain valuable business insights that can increase operational efficiency and profitability.

The Independent Project Analysis recently reached out to its clients to understand why digitalization tools are so burdensome for projects organizations to implement.

Hamiltonian neural networks draw inspiration from Hamiltonian mechanics, a branch of physics concerned with conservation laws and invariances. By construction, these models learn conservation laws from data, revealing major advantages over regular neural networks on a variety of physics problems.

Cost inflation and volatile commodity prices pose threats to sustained financial improvements.

Schlumberger introduced the GAIA digital exploration platform, which it says enables exploration teams to rapidly discover and access basin-scale data and manage their exploration opportunities.

In recent times, we have been inundated with articles concerning the oil and gas industry’s race toward digitalization and automation. The pillars of such a transformation are the rapidly evolving industrial Internet of things, secure cloud computing, data analytics, AI, and machine learning.

The SPE Strategic Plan 2018–2023 calls for claiming pride in our industry’s higher purpose, that of supplying energy to meet the needs of humanity.

With the shale industry still awash in red ink, and oil prices falling, it may take more consolidation to try to bring some financial stability to the sector.