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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Having blockchain on an oil rig means everyone on the job shares a view of a project from start to finish. This could facilitate innovations that cut costs, but organizational change is required. -
In this paper, the authors propose a coupled wellbore/reservoir model that performs dynamic nodal analysis using integrated models for surface-facilities, wellbore, and reservoir simulators and allows an operator to select choke sizes as a function of time.
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The objective of this paper is to illustrate a methodology for identifying the value of information (VOI) in reservoir management—in particular, for deriving the conditional probabilities of success when new and imperfect data are acquired.
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Initial development of inflow tracers was designed to provide qualitative information about the location of water breakthrough in production wells. The proof of concept and application for water detection initiated the development of oil tracers for oil-inflow monitoring.
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The technology will provide Equinor a continual feed of updated reservoir information from its Johan Castberg and Johan Sverdrup fields with the aim of improving well placement, production, injection, and—ultimately—recovery.
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DNV GL has published a paper to support the safe use of artificial intelligence. The paper asserts that data-driven models alone may not be sufficient to ensure safety and calls for a combination of data and causal models to mitigate risk.
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Machine learning and artificial intelligence technology offer offshore operators the chance to automate high-cost, error-prone tasks to avoid the effects of inconsistency and errors in analysis, improving efficiencies and safety.
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Video games have been seen as a big waste of time for years by parents around the globe. But now, the oil and gas industry sees the underlying technology as a big time saver.
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A new event is kicking off in September that will bring together the brightest minds in digital tech and oil and gas.
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The pressure pumping giant turns to algorithms to get better fractures and fewer problems.
