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.
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.
IBM Reveals New Hack To Infiltrate Corporate Networks
Nicknamed “warshipping,” the hacking technique allows remote infiltration of corporate networks by hiding a remote-controlled scanning device designed to penetrate a wireless network inside a package.
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.
Parallel Simulation and Cloud Computing Can Optimize Large-Scale Field Development
The complete paper discusses a study in which the authors propose a joint field-development and well-control-optimization work flow using high-performance parallel simulation and commercial cloud computing.
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.
Upstream Sector Emerges as the Epicenter for Industrial Internet Adoption
The upstream sector is witnessing comparatively more implementation of the industrial Internet of things compared with other sectors of the oil and gas industry. This is driven by the need to reduce risk and maximize returns through digitalization, according to data and analytics company GlobalData.
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28 August 2019
03 September 2019
23 August 2019