Digital Transformation
The energy sector is rapidly transforming toward a data-driven, decentralized future where combining human expertise with AI and machine learning unlocks new efficiencies, solves complex challenges, and creates a decisive competitive advantage.
AI is transforming oil and gas, but the real change will come from young professionals (YPs) who bridge technology and field expertise. By leading pilots, building networks, and challenging old assumptions, YPs can drive the industry’s digital transformation from within.
By integrating AI into every layer of the energy ecosystem, from renewable forecasting to dynamic pricing, the path toward secure, sustainable, and affordable energy becomes not just possible but achievable.
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SPE Online Education recently added a new web-based resource for technical content–Industry Interviews. These are 30-minute audio interviews with experts about their personal and professional experiences in the oil and gas industry. Recorded live, the interviews are archived and available on demand for free for SPE members. -
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.
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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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Digitalization is going to impact every industry in the next 5–10 years. The oil and gas industry needs a lot more data scientists today than a year ago, so a person with the right qualifications and experience is the need of the industry today.
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This article highlights interesting applications of machine learning in the oil and gas industry in drilling, formation evaluation, and reservoir engineering. Each project uses a data-driven model to solve a previously complex problem using machine learning to augment an existing solution.
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The AI revolution in the market for consumer goods by companies like Amazon and Alibaba led to significant changes in the market dynamics. Similar impacts can be expected in the midstream industry as the AI revolution unfolds there.
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Meet the group advancing digital technology adoption within one of the largest oil and gas producers in the US. Its aim is to cross-pollinate reservoir engineers with data scientists to create a 21st century workforce.
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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.
