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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In the complete paper, the authors generate a model by using an artificial-neural-network (ANN) technique to predict both capillary pressure and relative permeability from resistivity.
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Eni and IBM developed a cognitive engine exploiting a deep-learning approach to scan documents, searching for basin geology concepts and extracting information about petroleum system elements.
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COVID-19 has significantly accelerated the adoption of digital technologies across all industries, and the oil and gas industry has been no exception. As such, interest in digital data acquisition, which is the backbone of all digital transformation work flows, also has increased significantly.
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Industrial robots are becoming an increasingly popular choice in a variety of industries for different applications. Going by responses to a McKinsey and Company survey, up to 88% of businesses worldwide intend to adopt robotic automation into their infrastructure.
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AI-driven technology in the form of digital twins is helping companies reduce costs as they reopen after the COVID-19 lockdown, says a report from research and advisory company Gartner.
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Where there are data generated and collected, there is analysis of the data. The ongoing digital transformation in the industry has opened many opportunities for professionals skilled in data analytics.
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The partnership between the software company and Texas A&M’s Department of Petroleum Engineering provides students with access to software that can enhance reservoir research with machine learning.
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The customizable Internet of things service is designed for monitoring onshore and offshore remote assets.
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Technology company Proserv Controls has formed an alliance with software engineering firm Intelligent Plant in an effort to combine their expertise to improve control systems and data analysis.
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The agreement will see Akselos become one of the global energy company’s verified suppliers for structural integrity assessments, forming part of Shell’s newly formed Digital Twin Platform.