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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Trafigura, a group of physical commodity trading companies, and Palantir Technologies announced their intent to develop a platform to calculate carbon intensity, combining the efforts of trading and digital technology to account for Scope 3 emissions. The aim is to increase transparency of life-cycle emissions and to provide benchmarking against other market participa… -
The fast-growing software firm was founded by former oil and gas professionals who wanted to disrupt traditional reservoir economics software and redefine workflows.
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DNV’s report reveals that energy professionals believe cyberattacks on the industry are likely to cause harm to life, property, and the environment in the next 2 years but less than half of them believe that the security of their operational technologies is as robust as that of their information technology.
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The agreement will allow the Norwegian petroleum company to use FutureOn’s digital twin software for field development.
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Their model’s predictions should help researchers improve ocean climate simulations and hone the design of offshore structures.
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Liberty will be integrating Seismos’ measurements-while-fracturing system into its completions service to analyze near-wellbore fracture networks and create a near-field connectivity index.
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SponsoredHow is the evolution of cloud technology advancing data management in the upstream industry? How can a Software-as-a-Service (SaaS) approach empower operators to extract more value from their data? Read about the latest developments in a new white paper.
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As technology advances in the oil and gas sector, so does cybersecurity risk. To stay secure, companies should blend cybersecurity into their safety conversations, said expert Nicholas Andersen at the 2022 Offshore Technology Conference.
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Cryptocurrency is not the only game in town when it comes to using natural gas at the wellhead to reduce flaring. There are self-driving cars, the coming “metaverse,” language processing, chat bots, and more, all of which require advanced computing and a lot of energy. The demand is driving an expansion of services for Crusoe Energy.
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Technology continues to transform every aspect of our lives and its role in modernizing oilfield operations is no different.
