Data & Analytics
Schneider Electric says the deal advances its vision of creating intelligent industrial ecosystems that connect physical assets with digital insights across the asset life cycle.
With the latest addition, the Italian major’s computational capacity passes the exaflop threshold, making the firm the world’s leading company by computing power in the new TOP500 global ranking.
This work uses a novel pseudosteady-state-based simulation to reduce training-data-generation cost while maintaining high-performance predictions of data-driven proxy models for carbon-sequestration projects.
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This paper applies a new constrained multiwell deconvolution algorithm to two field cases: a gas reservoir with two producers and an oil reservoir with three producers and one injector. -
The national oil company has bought $5 million in new shares, which Vakt says will be used to upgrade its platform and plan for expansion in Southeast Asia.
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Producers and investors continue to reward small companies with big solutions that lean on new software and hardware to lift the bottom line of one the world’s few trillion-dollar industries.
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A ministerial decree in Indonesia has set the data model from the Professional Petroleum Data Management Association as the country's industry standard for upstream oil and gas data.
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Concho Resources and Enverus say turning to automated software for tracking invoices could save the upstream business many millions of dollars.
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SPE is planning a series on petroleum data analytics at its Houston Training Center. The series will kick off with Week One: Subsurface Analytics on 24–28 February and will be led by University of West Virginia Professor of Petroleum and Natural Gas Engineering Shahab Mohaghegh.
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The size of the digital prize is large. But deploying digital technologies at scale is proving harder than first thought. A report from Wood Mackenzie presents lessons from digitalization's early adopters.
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Digitalization is now a staple of boardrooms and plays a key role in corporate strategies. It brings equal measures of opportunity and threat. A report from Wood Mackenzie takes a look at how it will affect different categories of the supply chain.
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Industry 4.0, the latest industrial revolution, has hit the manufacturing sector, building upon the adoption of computers and automation into industrial processes. How well suited is the oil and gas industry to leverage the new autonomous systems that could emerge from this transformation?
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A telecommunications company is looking to bring better wireless connectivity to the oil and gas industry, expanding its network to offer wireless data in the Permian Basin and three other oil and gas regions.
