Upstream Digitalization Is Proving Itself in the Real World
For the upstream industry, where improvement in efficiency or production can drive significant financial results, there is no question that the size of the digital prize is huge. So are the challenges.
Alliances Drive Upstream Digital Deployment
Partnerships with big tech, tech startups, and innovative service companies—and the merging of their data, cloud, and software applications—are proving essential for operators in the scaling phase of digital deployment. Equinor, Microsoft, and Halliburton are among those joining forces.
How Southeast Asian Upstream Operators Are Digitalizing
Malaysia’s Petronas, Shell Malaysia, and Thailand’s PTTEP are now in the midst of full-scale digital adoption. The companies are beginning to see results, but none is counting on a “big bang” in development of the technology soon.
Industry Dives into UK’s New Oil and Gas Data Hub
Some 3,000 people and counting intrigued by UK oil and gas data have signed up for access to the country’s new National Data Repository. What motivated the OGA to make the data available to the public, and what can the public do with the data?
Souped-Up Search Engines Wrangle Drilling, Completions Data
Fed by big data loads from big operators, a university consortium and software firm are each working to make upstream data access as quick and easy as a Google search.
Change in Energy Sector is So Extreme Oil Companies May Need to Share Data
Oil companies generate an enormous amount of data but are reluctant to share it. But more sharing of information may be required in the future to keep up with a rapidly changing energy landscape.
Chesapeake Teams With Analytics Firm To Improve Asset Performance
The Oklahoma City independent has a new-look portfolio and new operational and financial priorities. And now it has enlisted an energy research firm to leverage advanced analytics and machine learning to help get the most out of its assets.
Face-Detection Algorithm Handles Big Data To Help Identify Candidates for Restimulation
This paper demonstrates the viability of a production-data-classification approach adapted from real-time face detection for identifying restimulation candidates.
Upstream Data Can Be “a Rat’s Nest of a Mess”
Companies such as Google, Schlumberger, Shell, and Encana are working to turn the industry’s rat’s nest of data into a goldmine of insight, analysis, and technology.
Panel Highlights Challenges, Successes in Digital Transformation
Strides made in data analytics over the past few years have been huge. But the complexity of data, and understanding how to use them, can delay the advantages to be gained. If the benefits and methodology of data acquisition are not better explained to engineers, might implementation suffer?
Big Leaps Still to Come in Unconventional Technology
Today’s advancements in unconventional technology are worth marveling over, but there is still plenty of room for growth.
How ConocoPhillips Solved its Big Data Problem
Unconventional operators are finally beginning to use to their advantage the nearly endless stream of data they’ve collected over the years. ConocoPhillips explains how it has seen real improvements in its operations by removing data friction and opening up access across typical work silos.
How is Industry Finding the Next Generation of New Technologies?
The process of finding, developing, and testing new technology can be as complicated as the technology itself—especially at a time when operators have little tolerance for risk.
Eliminate Decision Bias in Facilities Planning
The complete paper holds that traditional facilities-planning methodologies, heavily based on design-basis documents and biased toward the most-conservative conditions, fail to recognize the entirety of operational conditions throughout the oilfield life cycle.
Further Technological Advancement, Standardization Needed To Maintain Subsea Viability
Obstacles remain to keeping offshore development competitive with its onshore counterpart. Can the industry advance technology at a pace where the subsea segment will see a resurgence?
Tapping the Value From Big Data Analytics
In a recent GE/Accenture report, surveys show that 81% of senior executives believe that big data analytics is one of the top three corporate priorities for the oil and gas industry through 2018. A striking finding was the sense of urgency felt about implementing data analytics solutions.
Management: Using Big Data Analysis Tools To Understand Bad Hole Sections on the UK Continental Shelf
The big data approach will allow new types of data-driven models to bypass traditional bottlenecks. It is also expected to lead to different views of standard models, thus providing new and valuable insights in the process.
Crossover Technologies Enhance Innovation in Oil Industry
The challenges facing the oil and gas industry require crossover technologies from other industries such as aerospace, automotive, and medicine to help drive efficiency, boost productivity, and optimize performance.
Drilling Rigs Evolve Seeking Productivity Gains
The vision of fully automated drilling rigs driven by big data gathered in real time looks so far off but there are people working on a road map to help the oil and gas industry find its way there some day.
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04 August 2020