Data mining/analysis
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.
This paper describes an approach to creating a digital, interconnected workspace that aligns sensor data with operational context to place the completions engineer back into a central role.
This paper demonstrates how the integration of multiphysics downhole imaging with machine-learning techniques provides a significant advance in perforation-erosion analysis.
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R&D may be the key to the survival of companies as the new economics of the industry take hold. -
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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No longer considered a buzz phrase, cloud computing has made converts of the largest oil companies, and now the smaller ones are next.
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Leveraging data to drive the best technology solutions and inform business strategy is the route to future industry success, says a US independent’s top executive.
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An industry expert said that workforce education will be critical to helping companies adapt to a changing data landscape and optimize their operations.
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Always recorded but almost never used, the water hammer signal could offer completions engineers another set of insightful data if petroleum engineers can crack its code.
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The potential of big data depends on the ability of companies to change the habits of its users.
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Figuring out the right price for an active oil and gas field is tricky business in the shale sector but one producer explains how it uses data analytics to get a clearer picture.
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Permian Basin producer Callon Petroleum is attributing its data-driven approach to a routine completions practice to improved proppant placement and higher oil production.
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The oil and gas industry has a lot to gain from the adoption of big data analytics as recently highlighted examples from major service company Halliburton demonstrate.
