Big Data ///

AGR data management and analysis software to be adopted at Wintershall's Maria field

AGR has announced that its well data management and analysis software tool iQx is to be adopted by Wintershall’s flagship Maria field on the Norwegian Continental Shelf (NCS).

Exxon Mobil sets record in high performance oil and gas reservoir computing

Exxon Mobil, working with the National Center for Supercomputing Applications (NCSA), has achieved a major breakthrough with proprietary software using more than four times the previous number of processors used on complex oil and gas reservoir simulation models to improve exploration and production results.

TGS announces comprehensive well database available for the Permian basin

TGS, the leading provider of global geoscientific data products and services, today announces the immediate availability of the E&P industry's most comprehensive well database in the Permian basin.

Siemens joins partners to drive forward digitalization of industrial production

Siemens is joining forces with three partners to take part in the research project, Road to Digital Production (R2D), supported by the Bavarian State Ministry for Economic Affairs and the Media, Energy and Technology, which is aimed at developing improved technologies, interfaces and infrastructures for the implementation of digital industrial production.

Wood Group develops new release of ENVision software

Wood Group has developed a new version of its ENVision software. The real-time environmental information management software system for process and industrial plants provides emissions monitoring, troubleshooting, data gathering, interpretation and complete reporting to regulatory agencies.

Golden Software releases 2D and 3D mapping, modeling, and analysis software

Golden Software, the leading developer of affordable scientific graphics software, today announces the release of Surfer version 14, a powerful 2D and 3D mapping, modeling and analysis program designed to facilitate a deeper understanding of geospatial data.

Subsea Systems Institute director talks proposed digital transformation JIP

SSI is the program sponsor for a proposed digital transformation initiative, with principal drivers including needs for instrumentation, monitoring, control and automation, as well as technical challenges and barriers faced by operating companies.

Bell Geospace introduces Malaysian multi-client FTG program

The multi-client FTG Program includes airborne 3D Full Tensor Gradiometry (FTG) and magnetic survey data that will be undertaken over offshore Peninsular Malaysia, Sarawak and Sabah.

Exxon Mobil awards license for efficient drilling technology to Pason Systems

Exxon Mobil has awarded to Pason Systems, Inc. the first global license of its patented Drilling Advisory System, a key component of the company’s Fast Drill technology suite.

Ulstein wins contract for delivery of marine alarm and monitoring systems

Deliveries of alarm and monitoring systems (ULSTEIN AMS) for 13 tugs have been contracted to Ulstein Power & Control by U.S. based Marine Technologies LLC (MT). The systems are based on ULSTEIN X-CONNECT.

CGG delivers final pre-STM data for Hobo 3D multi-client survey in Midland basin

CGG announced today that the final processed time volumes (Orthorhombic Kirchhoff PreSTM) from its recent Hobo 3D multi-client survey in the highly prospective Midland basin are now available for license.

DNV GL launches industry data platform to unlock potential of big data

To facilitate frictionless connections between different industry players, domain experts and data scientists, DNV GL is launching an industry data platform.

The Getech Group wins OGA 21CXRM contract for UKCS study

Getech, providers of natural resources exploration data and information expertise, has been awarded a contract by the Oil and Gas Authority (OGA), in collaboration with the 21CXRM Technical Advisory Committee, for a petroleum system-related study of the United Kingdom Continental Shelf (UKCS) South West Approaches region.

Paradigm signs multi-year access agreement with Beicip-Franlab

Paradigm has announced that it signed a multi-year access agreement with Beicip-Franlab for a wide spectrum of software solutions, including seismic and geological interpretation, formation evaluation, and subsurface modeling.

ABB signs safety and automation agreement with Statoil for Johan Castberg field

ABB has signed a project specific agreement for the safety and automation system with Statoil for the Johan Castberg offshore oil field development. Statoil has issued the first call-off from the agreement covering front-end engineering and design (FEED).

GE O&G '17: Oil and gas execs tout need for digitization, data analytics

During a late-morning panel discussion on the second day of GE Oil & Gas' Annual Meeting 2017, representatives from GE Oil & Gas, Aker BP, Woodside, Petronas, RasGas and SBM Offshore discussed how digitization and big data are driving trends in the oil and gas industry.

GE O&G '17: BP chief says digitization is future of O&G industry

Following the plenary keynotes of GE Oil & Gas' Annual Meeting 2017 on Monday, January 30, a "fireside chat" was hosted by GE Chairman and CEO Jeffrey R. Immelt and BP Group CEO Robert "Bob" Dudley (Fig. 1; Dudley pictured on top screen).

DNV GL: Diversification, consolidation and ongoing efficiency measures will be hallmarks of 2017

New research by DNV GL, the technical advisor to the oil and gas industry, shows oil and gas companies seeking to rebalance business portfolios and reorganizing for a new era.

New information platform helps OFS close deals faster, improve communications

Drillinginfo announced a new suite of oilfield services (OFS) solutions tailored to give clients an edge over other companies. The new OFS suite delivers cutting-edge technology that is simple to use and easy to implement for any size organization. Drillinginfo took what was familiar, such as rig and permit reports, and transformed it to become interactive, flexible and customized across print, web, mobile, and email – making static reports obsolete. With Drillinginfo, data filters now present only the most relevant and actionable activity allowing OFS professionals to focus on closing deals and deliver value to their customers. This easy-to-use communication tool breaks down barriers between the field and corporate offices, creating an unprecedented level of alignment across any organization.

geoLOGIC systems acquires Well Completions & Frac Database from Canadian Discovery

geoLOGIC systems, a portfolio company of BV Investment Partners, has announced that it has purchased Canadian Discovery Ltd.’s (CDL) Well Completions & Frac Database and related products, including its Direct Data Access add-on module and the Drilling Database.