Data management
Organic data governance emphasizes flexibility, stakeholder engagement, and a culture that values data integrity.
A roundtable discussion during CERAWeek pointed to the necessity of a mindset shift for the oil and gas industry to tap into AI’s true potential.
The authors make the case that data science captures value in well construction when data-analysis methods, such as machine learning, are underpinned by first principles derived from physics and engineering and supported by deep domain expertise.
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Digitalization in operating, maintaining, and upgrading subsea plants to reduce cost includes making information available to the control-room operator, reducing alarms, tuning the control system for optimal performance, condition monitoring, and condition-based maintenance. -
Predicting the trajectory of a satellite, or a well, requires sophisticated analysis to reduce the huge uncertainties. That adds to the many things drillers should be thinking about, which can be overwhelming.
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The same tools that make it fun and easy for you to see a friend's updates online are also pretty good at tying together unconnected databases holding valuable well information.
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Lower oil prices, lack of experienced personnel, and uncertainty about long-term global oil and gas demand are driving petroleum companies to seek new ways to improve operational capability and lower costs.
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The Norwegian operator’s disclosure marks the first time all subsurface and production data from a field on the NCS will be available for public viewing.
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Statoil’s integrated operations center on the Norwegian continental shelf is one of several initiatives operators and service companies have set in motion to improve condition monitoring and maximize production on their assets.
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CNH President Juan Carlos Zepeda discusses the role of information management in Mexican energy reform and what lies ahead for the monumental industry transformation in an election year.
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To reduce the risk of wells getting “frac hits,” Permian Basin operators around Midland created an information exchange to give them notice of nearby fracturing.
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Public clouds are one of the emerging technologies that are minimizing the cost of processing the big data of the oil and gas industry. Among the hurdles to the wide-scale adoption of the cloud are security and access cost.
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The potential of big data depends on the ability of companies to change the habits of its users.
