IN THE INDUSTRY
IHS Markit, Schlumberger Announce Collaboration on GAIA Digital Subsurface Platform
The planned collaboration is expected to provide analytics-ready data from IHS Markit that would be directly accessible from the GAIA platform.
Oil and Gas Majors Sign Deal To Implement Blockchain in the Bakken
The OOC Oil & Gas Blockchain Consortium, whose members include Chevron, ConocoPhillips, Exxon Mobil, Equinor, and Royal Dutch Shell, has awarded a contract to Data Gumbo to pilot the technology for water handling services in the Bakken shale field in North Dakota.
Aker Solutions Launches Intelligent Subsea Program To Accelerate Offshore Developments
The company’s new approach is designed to cut the time required to generate optimal subsea field layouts.
Internet of Things Strategies for the Energy Sector
Whether thinking about managing oil and gas or other infrastructure facilities or considering industrial efficiency, you may be pondering how the Internet of things can be used. Forward-thinking strategies include not just staying on top of regulatory changes but also influencing them.
Why Data Visualization Is the Most Important Skill in a Data Analyst's Arsenal
Visually displaying data makes it much more accessible, and this is critical for identifying the weaknesses of an organization, accurately forecasting trading volumes and sale prices, and making the right business choices.
Statistical Modeling vs. Machine Learning: What’s the Difference?
At times, it may seem that machine learning can be performed without a sound statistical background, but this does not take in to account many difficult nuances. Code written to make machine learning easier does not negate the need for an in-depth understanding of the problem.
Emerson Accelerates Digital Transformation of Oil and Gas Industry With Cloud-Hosted Software Suite on Microsoft Azure
The engineering and technology company announced its entire exploration and production software suite is now available on the cloud, enabling oil and gas companies to take advantage of digital technologies securely and to model and optimize production better.
Natural Language Processing Enables Better Operational Risk Management
Equinor is working on a natural language processing tool that could combine data sources and help planners anticipate the issues that affect onsite operational safety.
Permian Space Race: Satellites Become Latest Tool for Competitive Shale Play
At least a half dozen energy data firms are offering satellite imaging of the 75,000-sq-mile oil field to provide intelligence to energy companies on activities including the appearance of drilling pads and hydraulic fracturing ponds and the movements of drilling rigs and crews across the Permian.
Dremio Releases Data Lake Engines for AWS and Azure
The company has released new technology for cloud data lakes. Can the company take data in relatively slow cloud object storage and make queries against it faster?
Researchers Demonstrate All-Optical Neural Network for Deep Learning
Even the most powerful computers are still no match for the human brain when it comes to pattern recognition, risk management, and other similarly complex tasks. A new approach, however, could enable parallel computation with light, simulating the way neurons respond in the human brain.
How Is Industrial Augmented Reality Taking Form?
Industrial augmented reality (AR) takes several forms. The holy grail—and eventually prevalent format—is headworn AR, where visualization software is installed on AR glasses such as Microsoft’s HoloLens. Nearer-term deployments also include smartphone- or tablet-based AR.
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28 August 2019
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23 August 2019
28 August 2019