Digital Transformation
The company is investing $1 billion to establish the Engineering and Innovation Excellence Center (ENGINE) in Bengaluru, India.
Subsurface modeling and history matching are critical steps for driving decisions. Generative artificial intelligence can support these efforts by incorporating various sources of information and allowing for low-dimensional parameterization for history matching.
Join TWA Editorial Board member Mani Bansal as he interviews Ashish Fatnani, an industry professional with 12 years of experience working for companies including Halliburton, ONGC, and Mercedes Benz.
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Unmanned aircraft are finding their place in the oil and gas industry by providing aerial geologic modeling to address reservoir-related challenges and making inspections safer. -
Surya Rajan, a director at IHS Cambridge Energy Research Associates (CERA), discusses the drivers for innovation in oil and gas along with expected areas for technology development.
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Industry has developed smart completions, smart wells, and smart fields. The next frontier is real-time reservoir management (RTRM) using all of the data from smart installations, as well as artificial intelligence.
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