Data & Analytics
Founded by former analytics experts for a large US independent, Xecta Digital Labs is proposing a new analysis method for horizontal wells. Adopting it means turning the page on some old habits.
The authors of this paper develop a model that can predict well-risk level and provide a method to convert associated failure risk of each element in the well envelope into a tangible value.
This paper presents agile technologies that integrate data management, data-quality assessment, and predictive machine learning to maximize asset value using underused legacy core data.
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The authors write that child-well performance increases with spacing and decreases with infill timing and that the parent cumulative production at child-well completion is an effective indicator of child-well performance. -
The authors of this paper propose a novel approach to data-driven modeling for transient production of oil wells.
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A just-launched publicly available database translates reserves and production data into greenhouse-gas emissions as CO2 equivalents. It was built using data from more than 50,000 fields in 89 countries, which covers about 75% of global reserves, production, and emissions.
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Digital systems are helping ensure US independent Diversified Energy continues to grow and optimize production from its mature assets.
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Schlumberger and Cognite have partnered to integrate Schlumberger’s Enterprise Data Solution for subsurface with Cognite Data Fusion, Cognite’s open industrial DataOps platform.
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Swiss robotics company Hydromea and Scottish remote technology firm ACE have agree to work together to use the world’s first underwater wireless remotely operated vehicle for inspection of offshore facilities.
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Peter Bernard, CEO of Datagration, discusses how oil and gas industry predictive maintenance doesn’t just provide an economic value, it also boosts safety by anticipating unpredicted failures among aging infrastructure.
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Hiber has announced a new service for oil and gas operators looking to upgrade their field assets through digital surveillance. The company’s new HiberHilo wired-to-wireless converter turns analog well and pipeline data into wireless signals.
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The Norwegian oil and gas major and Vissim, a Norwegian tech firm, have completed a new space-based system for sea surveillance, marine and air logistics, and coordination of offshore activity and emergency response.
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Geolog and Petro.ai announced a strategic partnership to deliver data science products and services to the global energy industry.
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