Data & Analytics
Canada’s development of large-scale digital drilling core libraries and open geoscience data platforms follows approaches pioneered in Australia, particularly Western Australia, through decades of government investment in geoscience data collection and preservation.
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.
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The use of technology has helped ensure the profitability of the oil and gas industry despite a 50% fall in prices in 5 years. The key question, however, is whether the digital revolution can answer the sector’s biggest challenge: how to secure future production.
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The November issues of SPE’s peer-reviewed journals SPE Reservoir Evaluation & Engineering and SPE Production & Operations include papers addressing data analytics and machine learning.
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Microsoft announced that it will open an AI Center of Excellence for Energy in the United Arab Emirates—a global first for the company—to empower organizations in the industry in accelerating digital transformation and equipping their workforce with AI skills.
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The company is relying on DevOps and agile to hit a bold growth goal by 2025: doubling profits without changing prices.
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Harnessing the industrial Internet of things has arguably become the biggest strategic priority for industrial companies in the race to gain competitive advantage through digital transformation.
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The ransomware attack that began over the weekend is reportedly still affecting the national oil company’s payment systems, which may have wider impacts on its supply chain. For now, the company says its upstream and downstream operations are running normally.
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The funding from Chevron Technology Ventures and Energy Innovation Capital will help scale Ingu’s data collection platform and analysis for its Pipers technology, a pipeline screening tool launched last year.
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The Houston FBI held a classified meeting to help energy companies protect themselves from the growing threat of cyberattacks.
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Neural networks that borrow strategies from biology are making profound leaps in their abilities. Is ignoring a goal the best way to make truly intelligent machines?
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Just because they both deal with data does not mean they are the same.