Data & Analytics
Switching from continuous circulation to cyclic huff-‘n’-puff operation in enhanced geothermal systems can significantly delay thermal breakthrough, sustain higher production temperatures, and improve long-term economic performance.
The two companies say they plan to work together to use agentic AI to increase the capabilities of technical experts.
This article is the first in a Q&A series from the SPE Methane Emissions Management Technical Section (MEMTS) on methane intelligence and how oil and gas teams translate emissions data into credible decisions and measurable reductions.
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Equinor is working on a natural language processing tool that could combine data sources and help planners anticipate the issues that affect onsite operational safety. -
The company has proposed the Probabilistic Digital Twin to close the gap between digital twins—used increasingly by operators to manage the performance of their assets—and risk analysis still largely conducted manually before assets enter service.
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Even the most powerful computers are still no match for the human brain when it comes to pattern recognition, risk management, and other similarly complex tasks. A new approach, however, could enable parallel computation with light, simulating the way neurons respond in the human brain.
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At least a half dozen energy data firms are offering satellite imaging of the 75,000-sq-mile oil field to provide intelligence to energy companies on activities including the appearance of drilling pads and hydraulic fracturing ponds and the movements of drilling rigs and crews across the Permian.
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The nascent technology uses a new way to store, process, and measure information in computer systems. It is expected to introduce drastic changes in the development of technology, the discovery of algorithms, and the advancement of computer architectures.
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Visually displaying data makes it much more accessible, and this is critical for identifying the weaknesses of an organization, accurately forecasting trading volumes and sale prices, and making the right business choices.
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Artificial intelligence tools present many opportunities for the energy industry, and, as technological concepts leave the realm of science fiction, companies have started to grasp what is possible. What roles do culture and ethics play in helping companies understand the digital revolution?
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Partnerships with big tech, tech startups, and innovative service companies—and the merging of their data, cloud, and software applications—are proving essential for operators in the scaling phase of digital deployment. Equinor, Microsoft, and Halliburton are among those joining forces.
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A case study in the deepwater Gulf of Mexico in which pressure transient analysis, fractional flow, and production logging tools were integrated to identify correctly the cause of, and execute an effective remedy for, a well’s productivity deterioration.
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Digital technologies serve as a primary theme of this year’s group, with a few environmentally conscious firms included in the mix.
