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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A push for greater operational efficiency has driven industry focus on new technologies to improve digital work flows, but what impact does this have on the people in the industry? What role do organizational cultures play in implementing new technologies?
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Unstructured data, such as process logs, safety reports, and public records, make up the bulk of data produced from the oil field. Emerging NLP technology has been designed to help make sense of this data, enabling better insights into near-accidents.
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The data collected via monitoring and metering applications are increasingly viewed as central to assessing production performance and in decision making to optimize field development and operations.
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How can communication standards help companies create and enforce stronger cybersecurity protocols? What roles do people and technology play in securing assets? Industry experts look at these questions and examine other drivers of the digital oil field.
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On 31 July, the US Department of Homeland Security held a National Cybersecurity Summit, featuring the nation's top homeland, national-security, and law-enforcement officials.
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What do 60,000 sensors on 1,200 pieces of equipment add up to? Hopefully, hundreds of millions of dollars in savings.
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From the highest courts of the US judicial branch to the C-suite, contests involving patents have recently come to the fore in the innovation hungry US oilfield services industry, even as filings and litigation have declined in recent years.
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Having blockchain on an oil rig means everyone on the job shares a view of a project from start to finish. This could facilitate innovations that cut costs, but organizational change is required.
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In this paper, the authors propose a coupled wellbore/reservoir model that performs dynamic nodal analysis using integrated models for surface-facilities, wellbore, and reservoir simulators and allows an operator to select choke sizes as a function of time.
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The objective of this paper is to illustrate a methodology for identifying the value of information (VOI) in reservoir management—in particular, for deriving the conditional probabilities of success when new and imperfect data are acquired.