Digital Transformation
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…
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.
Students at the Melbourne, Australia, university took home first place at the 32nd US-based Intelligent Ground Vehicle Competition.
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A quick look at the term "Fourth Industrial Revolution" and links to related articles. -
Data-driven reservoir modeling is an alternative or a complement to numerical simulation and uses machine learning and data mining to develop full-field reservoir models.
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AUVs aren’t limited to inspections and pipeline surveys. Deployment of a flotilla of AUVs to work on a project, and the communication among them, may someday lead to a subsea Internet of Things.
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Technology that allows researchers to see stress forming inside rock samples may help unravel some of the mysteries associated with fracture behavior.
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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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IoT is the next step in the evolution of the oil and gas industry. Changes have already begun in the field installations, in the corner office, and across the oil and gas value chain.
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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.
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Through data gathering, machine learning, and the use of a supercomputer, a non-profit organization in Texas is seeking to boost oil and gas production on land owned by the states’ two largest university systems.
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Drones can access remote locations easily and can be used in the upstream and midstream industries for inspections, which can lead to reduced maintenance work.
