Data & Analytics
Artificial intelligence is transforming—not replacing—petroleum engineering. As AI-driven, data-centric methods replace traditional deterministic models, engineers must adapt by acquiring skills in data science, algorithmic thinking, and software tools. The industry’s evolution raises a critical question: Will petroleum engineers evolve with these changes or risk beco…
This research developed a clear framework for assessing and selecting fit-for-purpose software. The study focuses on the role of a data-driven approach in the decision process, with application to operational software systems in the oil and gas industry.
Digital transformation in the oil and gas industry is likened to a major home renovation—requiring a clear vision, skilled collaboration, patience, and investment in lasting solutions. Though the process is challenging, the end goal is an improved, future-ready operation.
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The term digital oil field has become a buzzword in the oil and gas industry these days, with the mention of it bringing up pictures of computers, flashy screens, and programming to mind. In reality, the concept goes beyond these. -
Two new centers in Bergen, Norway will lean on emerging digital technology to oversee much of the Norwegian operator’s offshore operations.
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The international major has been playing with intelligent programs for years, but this new deal shows that it is now ready to scale those efforts up to cover hundreds of thousands of pieces of equipment.
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The 5-year-old software startup is getting noticed by the oil and gas industry for its ability to accelerate analytics projects by taking care of all the tedious work involved with data wrangling.
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BP has invested more than $100 million into nine different startup companies in the past 2 years—but only one of them wants to turn your brain into a piece of its software.
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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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What do 60,000 sensors on 1,200 pieces of equipment add up to? Hopefully, hundreds of millions of dollars in savings.
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Video games have been seen as a big waste of time for years by parents around the globe. But now, the oil and gas industry sees the underlying technology as a big time saver.
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The pressure pumping giant turns to algorithms to get better fractures and fewer problems.
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Well-interference issues can be hard to diagnose, but this startup may be figuring that out. The data-driven process it developed can also help operators come up with more effective ways to use diverters.
