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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Digital technologies serve as a primary theme of this year’s group, with a few environmentally conscious firms included in the mix. -
This article discusses the role of data management in the context of exploration and production from the 1990s, when building centralized databases was the mainstream, to the end of the second decade of the 2000s.
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Most industries measure digital transformation by accelerated, highly visible outcomes—from new business models and efficient processes to experiences that wow customers and employees alike. But not the oil and gas industry. In fact, it may be following a completely different playbook.
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The service company said it will make its data ecosystem available to the platform that is designed to bring together exploration, development, and wells data from across the industry. This will allow Schlumberger to integrate its solutions with its clients who have already joined the platform.
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Two firms have announced new partnerships to perform unmanned-aircraft-systems-based missions for oil and gas clients in the US and abroad.
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At times, it may seem that machine learning can be performed without a sound statistical background, but this does not take in to account many difficult nuances. Code written to make machine learning easier does not negate the need for an in-depth understanding of the problem.
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The upstream sector is witnessing comparatively more implementation of the industrial Internet of things compared with other sectors of the oil and gas industry. This is driven by the need to reduce risk and maximize returns through digitalization, according to data and analytics company GlobalData.
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Equinor is using its digital transformation to be more sustainable. “It’s not just about running a smarter business," said Bjorn Otto Sverdrup, Equinor's senior vice president of sustainability. "It’s also about running a more sustainable business.”
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Drones have entered the oil and gas domain as a more comprehensive method of inspection—providing not only a flexible and cost-effective way to conduct inspections but also a data-intensive structure for inspecting assets in a nondestructive manner.
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A fracturing test site in West Virginia has quietly made a data trove available on the website of the Marcellus Shale Energy and Environment Lab.
