digital transformation

Energy companies now can get more oil out of the ground using vast amounts of data that makes their offshore exploration more accurate, using a satellite uplink to transmit the data from oil rigs up to space and then off to the cloud.

The advancement of the oil and gas industry hinges on its ability to transform digitally by applying high-quality data to illuminate its path forward.

The oil and gas industry’s sustainability and success depend on its ability to cultivate and nurture a skilled and knowledgeable workforce.

The computer vision startup from Porto Alegre, Brazil, earned both the People’s Choice award with a prize of $3,000 and the Best in Show award of $25,000.

We must admit that the oil field is still in the early days of its digital journey. It’s time to give serious thought to the expectation/reality gap, the cultural differences between the way we’ve always done things and the way that digital is changing us, and the pain points that may trip us up unless we’re careful.

The high-speed, low-latency communication offered by 5G is enabling real-time data transmission and remote control of operations, thereby reducing the need for human presence in hazardous areas.

The Brazilian major said it plans to integrate the software throughout its exploration, development, and production operations.

Leading energy technology companies unite to unlock efficiencies and increase reserve recoveries using digital advances.

A decade ago, SPE defined key R&D and technology challenges for the industry. To address the more uncertain environment of the 2020s and beyond, we have updated the grand challenges via a January 2023 SPE workshop.

Despite energy companies' enthusiasm for implementing digital technologies in drilling analysis, many predictions still include a high level of uncertainty.