Data & Analytics
The emerging vision is an industry where engineers focus on judgment, risk assessments, and accountability.
This paper presents the large-scale deployment and operational integration of an advanced, automated rheometer in the Ghawar gas field, one of the world’s most prolific and technically complex hydrocarbon developments.
Case studies from Devon Energy, ConocoPhillips, and others show how clever engineering and technology are being used to improve recovery and asset value.
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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. -
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.
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Most industries measure digital transformation by accelerated, highly visible outcomes—from new business models and efficient processes to experiences that wow customers and employees alike. But not the oil and gas industry. In fact, it may be following a completely different playbook.
