Data & Analytics
This research focuses on combining physics-based expert rules with machine learning to improve the detection of failure-related events in electrical submersible pumps.
A combination of physics principles and machine-learning techniques is used in this work to develop a virtual flowmeter for oil-production optimization in electrical-submersible-pump-lifted oil wells, resulting in reliable generalization.
This paper presents the deployment of an artificial intelligence-enabled autonomous gas lift optimization system, integrating real-time centralized advanced process control with cloud-based analytics to enhance artificial gas lift performance in producer wells.
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The complete paper presents a process used to successfully implement a rig-based drilling advisory system (RDAS) across a mixed group of rig contractors.
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In the current work, a rig advisory system is developed to continually improve rate of penetration (ROP) and drilling performance. An intelligent drilling advisory system (IDAS), based on a soft closed-loop solution with multiple regression analysis has been established.
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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?