Data & Analytics
Aramco says it has saved $770 million over the past 3 years from the $70 million it has invested over the same period in corrosion management technologies.
The deal adds physics-based reservoir modeling and real-time decision workflows to SLB’s digital portfolio.
The paper presents the design and successful field deployment of the first closed-loop hydraulic fracturing program.
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It has been over a year since Repsol and IBM announced their plans to jointly develop cognitive technologies that would allow human decision makers operating in the oil and gas industry to interact with computers more effectively.
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The amount of data within industry continues to grow. Information management is a significant challenge, but it provides an opportunity for improved project performance.
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The Samarang oil field, offshore Sabah, Malaysia, is undergoing a redevelopment project with integrated operations. Several work flows were designed and deployed in order to achieve an early milestone of providing real-time well-performance monitoring, surveillance, and optimization.
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In the past decade, fiber-optic -based sensing has opened up opportunities for in-well reservoir surveillance in the oil and gas industry. In this paper, the authors present a recent example of single-phase-flow profiling with distributed acoustic sensing.
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Despite the recent market conditions during the last year, our industry continued to demonstrate further advances in the monitoring and surveillance field and to attest to the added value provided.
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Cyber threats have expanded beyond data breaches and the theft of intellectual property. Drilling and production assets are at risk of being disrupted or destroyed due to vulnerable control systems.
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Second only to the power and utility sector, the oil and gas industry is experiencing a higher frequency of cyber attacks than any other industry. The vast majority of penetrations are in the information technology (IT) networks that run a company’s daily business.
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More than 45% of energy companies fell victim to at least one cyberattack in 2014, a higher percentage than in any other corporate sector. With constant hacking threats, companies must develop strong cybersecurity strategies.
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Use of unmanned aerial vehicles to monitor pipeline networks for theft and other issues is discussed.
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Since 2007, an operator in Nigeria has registered a significant increase of oil-spill events caused by sabotage and oil-theft activities. The technology presented here allows detecting and locating leaks taking place at a distance from the sensor of up to 35 km.