Production

The tie between US crude output and key indicators such as rig counts and the number of new wells has significantly weakened.
Devon Energy along with petroleum engineering consulting and software firm Whitson and cloud computing company Snowflake developed a system to monitor the dynamics of 5,000 wells.
During the past 3 years, over half a million patents were granted for production monitoring. This progress has led to a shift toward integrated work flows, cloud-based platforms, resilient sensors, process simplification, and automation.

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