Digital Transformation
Maldonado serves as controls and systems engineering lead at Aker BP.
The oil and gas sector stands on the edge of a digital revolution, yet legacy systems and resistance to change continue to hold it back. I reflect on my experience in digital drilling and argue that the industry’s biggest barrier isn’t technology itself, but the culture that surrounds it.
For YPs entering the industry, cracking the data code is more than a technical exercise; it’s your power skill and your competitive edge.
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In the ongoing digital transformation in the industry, it's not enough if we only adapt and improve data-processing capabilities; we should also empower human interaction, study, engagement, and collaboration through the use of that data.
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A workforce with the right know-how to maximize the tools being used or investigated in the industry is a critical feature to support a clear route forward.
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Earlier this year, 19 teams competed in a machine-learning contest held by the Data Analytics Study Group of SPE’s Gulf Coast Section. The was the first competition of its kind for SPE. Here, the organizers of the contest present some of the techniques used and lessons learned from the Machine Learning Challenge 2021.
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To develop improved predictive models of complex real-world problems, one needs to pursue a balanced perspective. Ultimately, the physics we know needs to rely on data to unmask the physics that we do not yet know.
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The market may be different from what we have previously experienced, but the path to a successful digital transformation is durable and the core principles of success have not changed.
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Start-and-stop data management initiatives and a mishmash of partial solutions are no longer viable for managing the digital oil field. Data management should be transformed from a cost center to a cash-flow-generating function.
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With slopes, pies, points, and lines in your illustration arsenal, how do you choose the chart that best tells your data story?
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This column is intended to provide a starting point and a roadmap for professionals who want to learn data science and are struggling with the question, “Where do I start?”
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A recent datathon and the team that took home the grand prize help paint a picture of both the industry’s’ digital transformation and how oil and gas engineers are embracing it to navigate uncertain times.
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With much of the workforce cooped up at home for 8 months or so, tech skills are now a virtual necessity. Many of us have had to get increasingly tech-savvy in a hurry.