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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The service company said it will make its data ecosystem available to the platform that is designed to bring together exploration, development, and wells data from across the industry. This will allow Schlumberger to integrate its solutions with its clients who have already joined the platform.
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Two firms have announced new partnerships to perform unmanned-aircraft-systems-based missions for oil and gas clients in the US and abroad.
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At times, it may seem that machine learning can be performed without a sound statistical background, but this does not take in to account many difficult nuances. Code written to make machine learning easier does not negate the need for an in-depth understanding of the problem.
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The upstream sector is witnessing comparatively more implementation of the industrial Internet of things compared with other sectors of the oil and gas industry. This is driven by the need to reduce risk and maximize returns through digitalization, according to data and analytics company GlobalData.
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Equinor is using its digital transformation to be more sustainable. “It’s not just about running a smarter business," said Bjorn Otto Sverdrup, Equinor's senior vice president of sustainability. "It’s also about running a more sustainable business.”
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Drones have entered the oil and gas domain as a more comprehensive method of inspection—providing not only a flexible and cost-effective way to conduct inspections but also a data-intensive structure for inspecting assets in a nondestructive manner.
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A fracturing test site in West Virginia has quietly made a data trove available on the website of the Marcellus Shale Energy and Environment Lab.
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Nicknamed “warshipping,” the hacking technique allows remote infiltration of corporate networks by hiding a remote-controlled scanning device designed to penetrate a wireless network inside a package.
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The large independent put together a team of data scientists, software developers, and petrotechnical staff to create a forward-looking vision for how to use digital technology to solve problems.
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ForeSite users will be able to create and visualize customized data reports or select from a series of built-in visualization dashboards and reports that monitor key performance indicators and identify production optimization opportunities.