Data & Analytics
Working with Dell Technologies and NVIDIA, the French supermajor is targeting improved seismic processing and artificial intelligence applications.
A discussion at the inaugural executive breakfast convened by the SPE Data Science and Engineering Analytics Technical Section, held alongside CERAWeek by S&P Global and powered by Black & Veatch, tackled the challenge of value creation from artificial intelligence in the energy industry.
AI‑driven data center growth is straining US power grids and accelerating interest in enhanced geothermal systems as a scalable, low‑carbon solution.
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The companies also agreed to collaborate on new AI models to unlock further insights from S&P Global Energy’s upstream data.
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As AI drives record heat loads in data centers, immersion liquid cooling is gaining momentum, and energy companies are lining up to support it.
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Artificial intelligence is prompting oil and gas companies to redefine roles, rethink trust, and rework operations, experts said during CERAWeek.
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The gap between machine learning research and effective deployment in the oil and gas industry is an alignment challenge between research questions and real decisions, between model design and operational constraints, and between innovation and the people expected to use it.
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Technology and partnerships remain important, while phased approaches may supplant lengthy appraisal programs, experts said during CERAWeek.
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CERAWeek panelists see AI as a way to leverage data and people in interpreting data for exploration, but a cultural shift at companies may still be needed.
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Data centers could add up to 6 Bcf/D of US gas demand by 2030, creating a new opportunity for producers and reshaping how oil companies think about electricity supply.
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Two examples from ONGC show how supervised AI-driven automation scaled well modeling across hundreds of offshore wells, saving more than 1,000 engineering hours.
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Examples demonstrate how an Integrated Operations Center as a Service (IOCaaS) model, powered by artificial intelligence, reduced costs by 5% and increased production by 6% in Canada.
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This paper demonstrates how the integration of multiphysics downhole imaging with machine-learning techniques provides a significant advance in perforation-erosion analysis.