Data & Analytics
Shell has demonstrated drone-in-a-box operations from its Mars floating production unit, becoming the first operator in the region to secure FAA approval for self-approved offshore beyond-visual-line-of-sight flights. JPT Senior Technology Editor Jennifer Pallanich visited Shell Technology Center Houston to see the system in action.
Panelists at the SPE Subsea Well Intervention Symposium discussed where AI is delivering value today, where risks remain, and how engineers can best determine its usefulness.
As digital technologies become commonplace, industry leaders say core engineering knowledge remains essential for making informed decisions and avoiding costly mistakes.
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The company has proposed the Probabilistic Digital Twin to close the gap between digital twins—used increasingly by operators to manage the performance of their assets—and risk analysis still largely conducted manually before assets enter service.
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Even the most powerful computers are still no match for the human brain when it comes to pattern recognition, risk management, and other similarly complex tasks. A new approach, however, could enable parallel computation with light, simulating the way neurons respond in the human brain.
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At least a half dozen energy data firms are offering satellite imaging of the 75,000-sq-mile oil field to provide intelligence to energy companies on activities including the appearance of drilling pads and hydraulic fracturing ponds and the movements of drilling rigs and crews across the Permian.
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The nascent technology uses a new way to store, process, and measure information in computer systems. It is expected to introduce drastic changes in the development of technology, the discovery of algorithms, and the advancement of computer architectures.
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Visually displaying data makes it much more accessible, and this is critical for identifying the weaknesses of an organization, accurately forecasting trading volumes and sale prices, and making the right business choices.
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Artificial intelligence tools present many opportunities for the energy industry, and, as technological concepts leave the realm of science fiction, companies have started to grasp what is possible. What roles do culture and ethics play in helping companies understand the digital revolution?
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Partnerships with big tech, tech startups, and innovative service companies—and the merging of their data, cloud, and software applications—are proving essential for operators in the scaling phase of digital deployment. Equinor, Microsoft, and Halliburton are among those joining forces.
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A case study in the deepwater Gulf of Mexico in which pressure transient analysis, fractional flow, and production logging tools were integrated to identify correctly the cause of, and execute an effective remedy for, a well’s productivity deterioration.
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Digital technologies serve as a primary theme of this year’s group, with a few environmentally conscious firms included in the mix.
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This article discusses the role of data management in the context of exploration and production from the 1990s, when building centralized databases was the mainstream, to the end of the second decade of the 2000s.