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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Case studies from around the world prove that big rewards await companies that optimize the artificial lift systems keeping their mature fields alive. The success stories involve a mix of monitoring, automation, and performance tracking.
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Saudi Aramco is on a mission to increase the amount of seismic data that it collects by fourfold, while reducing costs and acquisition time by half of what it spends today.
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It has been an impressive comeback for a technology that once stood on the brink of failure. The upstream oil and gas industry has largely resolved crippling technical challenges that shortened the life of fiber-optic cables in downhole applications and is now working on a big encore.
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Some of the world’s largest exploration and production companies say the big bets they have placed on high-performance computing over the past several years are set to pay off.
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Robotic submarines, capable of operating by themselves thousands of feet underwater for months or perhaps years at a time, are under development as the vanguard of tomorrow’s subsea oil and gas fields.
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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.
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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.