Data & Analytics
Autonomous drilling through managed pressure drilling (MPD) at the Atlantis field has given the operator confidence to scale the method.
The cloud platform provider said the initiative is designed to help energy companies manage and analyze large-scale operational data.
Major increases in hydrocarbon production require both incremental and revolutionary technologies, industry leaders said during the SPE Hydraulic Fracturing Technology Conference.
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The media is often tempted to report each tiny new advance in a field, be it artificial intelligence or nanotechnology, as a great triumph that will soon fundamentally alter our world. Occasionally, of course, new discoveries are underreported.
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In an increasingly data-dependent sector, oil and gas companies need to scale up their use of technology across the enterprise rapidly. Success will involve reframing the CIO’s role in driving not only digital transformation but also business outcomes.
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Unless we work together to resolve the underlying causes of data problems, we will continue to struggle with the time and effort needed to get the foundations of data preparedness sorted out. That means that industry must accept that data is strategic rather than tactical.
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Rather than waiting for a dominant player to emerge, the oil and gas industry is at a point in its journey with blockchain where it makes sense to actively start working toward common architectures and standards in the blockchain domain.
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A proving ground for the use of digital twins has emerged in the North Sea. There, operators Total, Aker BP, and Shell have each developed and deployed twins that they expect to pay big dividends.
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The complete paper describes the potential global scientific value of video and other data collected by ROVs.
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The complete paper describes the development of a smart robotic inspection system for noncontact condition monitoring and fault detection in buried pipelines.
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Multistage horizontal well designs were first implemented in the Bakken in 2007. Since then, more than 12,000 wells have been completed in either the Middle Bakken or Three Forks zones.
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Data undoubtedly has value, agreed participants at a recent symposium held by the Professional Petroleum Data Management Association in Denver. Quantifying that value—and communicating that value to decision-makers in a company—however, is tricky if not impossible.
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Using deep-learning and computer-vision techniques, the software recognizes all instances of specific instruments, valves, lines, and other features in a P&I diagram in seconds.