Data & Analytics
The emerging vision is an industry where engineers focus on judgment, risk assessments, and accountability.
Novel lift systems, AI-driven automation, and real-time engineering models are helping operators extract more value from mature wells.
This case study from Tomax outlines the use of artificial intelligence to analyze high-fidelity data of the full drilling process.
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The company’s newest product will combine with Amazon Web Service’s efforts to ease access to data from the Open Subsurface Data Universe. -
For oil and gas companies to remain in existence in the second half of the 21st century, they must find ways to dramatically reduce, if not eliminate, their output of carbon dioxide and other greenhouse gases. Artificial intelligence technology could provide one tool to help the energy industry accomplish that staggeringly difficult goal.
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Scientists at the Sandia National Laboratories are using machine learning to find methane hydrates on the seafloor, using an approach similar to weather forecasting.
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The new DeeperSense project, an international consortium led by the German Research Center for Artificial Intelligence, is working on technologies that combine the strengths of visual and acoustic sensors with the help of artificial intelligence. The aim is to significantly improve the perception of robotic underwater vehicles.
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The infrastructure engineering software firm is expected to pay more than $1 billion to acquire geological and geophysical modeling software developer Seequent.
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Honeywell's H1 quantum system has reached a record-high quantum volume.
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According to a World Economic Forum report, digital transformation in the oil and gas industry could unlock approximately $1.6 trillion of value for the industry, its customers, and wider society while creating around $1 trillion of value for oil and gas firms.
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Start-and-stop data management initiatives and a mishmash of partial solutions are no longer viable for managing the digital oil field. Data management should be transformed from a cost center to a cash-flow-generating function.
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Technology is advancing, and applications are growing, but scaling faces technological and human challenges.
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Algorithms are taking over the world, or so we are led to believe, given their growing pervasiveness in multiple fields of human endeavor such as consumer marketing, finance, design and manufacturing, health care, politics, and sports. The focus of this article is to examine where things stand in regard to the application of these techniques for managing subsurface en…
