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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Unlike structured data, unstructured data is information that either does not have predefined labels or is not organized in a predefined template, and inefficient management of this data is holding back the industry. -
In recent times, we have been inundated with articles concerning the oil and gas industry’s race toward digitalization and automation. The pillars of such a transformation are the rapidly evolving industrial Internet of things, secure cloud computing, data analytics, AI, and machine learning.
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Baker Hughes is still a GE company, but it has partnered with a second company for artificial intelligence expertise, C3.ai. The deal is expected to speed the integration of AI into oilfield operations by the company which also markets GE’s device analytics platform, Predix.
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Quantum computers exploit the peculiar behavior of objects at the atomic scale and use the qubit as the basic unit of quantum computing. A quantum computer with only 100 qubits would, theoretically, be more powerful than all the supercomputers on the planet combined.
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Merging tried-and-true physics-based models with data science is bolstering the Houston independent’s reservoir-engineering work on its deepwater and shale assets.
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The company's second location in the area is expected to increase the production capacity for large-scale exploration and production digital transformation projects that are already under way.
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Baker Hughes, a GE company, (BHGE) and C3.ai announced a joint venture agreement that brings together BHGE’s fullstream oil and gas expertise with C3.ai’s unique artificial-intelligence software suite to deliver digital transformation technologies and drive productivity for the oil and gas industry.
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Funded by a €10.6 million grant from the European Union’s Horizon 2020 program, the ambitious project will, for the first time, undertake an oceanwide approach to understanding the factors that control the distribution, stability, and vulnerability of deep-sea ecosystems.
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Marathon Oil says its shale fields are producing more oil and gas with less hands-on work from company personnel thanks to a growing arsenal of digital technologies and workflows.
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Drones are becoming an important tool for energy companies looking to improve on-site safety and operational efficiencies, and the industry is looking for the best way to maximize their value. What are some the challenges in getting these programs off the ground?
