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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Collaboration and technology will help the industry meet its toughest challenges, experts said during the opening session at ATCE. -
Prajakta Kulkarni, SPE, has spearheaded the development of a global digital platform to optimize pricing, strategy, and sales in the industry. With a background in petroleum engineering, she identified a digital gap in the industry, leading her to create a platform that enhances data-driven decision-making, streamlines operations, and integrates AI technologies to imp…
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SPE is excited to livestream these thought-provoking and informative Tech Talks from the SPE Energy Stream studio at the SPE Annual Technology Conference and Exhibition, 23–25 September, in New Orleans.
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As AI continues to evolve, the need for energy-powered data centers is on the rise. Data center developers who can make this transition toward a more efficient and greener system will anchor themselves as key players in this growing industry.
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The industry is balancing brains and bots as it squeezes out barrels of oil production.
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Explore how data science has become essential across diverse sectors, how people can learn about data science, and how engineers can transition into this field.
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In the final part of this three-part series, we extend our learning of Part 2 to the multivariate model and train a single model to predict three outcomes: oil, gas, and water.
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In Part 2 of this three-part series, we dive into a practical example using the production data of Equinor’s Volve field data set.
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In Part 1 of this three-part series, we use long short-term memory (LSTM), a machine learning technique, to predict oil, gas, and water production using real field data.
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Register today for the SPE AI Hackathon taking place 7–9 May in Dubai.
