Big Data ///

Eco gives update on 3D seismic processing in Guyana

Eco Atlantic released an update on the processing and interpretation of recently acquired 2,550 sq km of 3D seismic on the company’s Orinduik Block, offshore Guyana.

FairfieldNodal increases its U.S. land multi-client library

FairfieldNodal has acquired Geokinetic's U.S. multi-client data library nearly triples its North American multi-client library coverage.

Gazprom Neft launches focused digital transformation initiative

Gazprom Neft has confirmed the digital transformation of its business as a priority area, with the creation of a new Digital Transformation Directorate.

Investing in predictive analytics derives true value

Philippe Herve, Spark Cognition

As the oil and gas (O&G) industry emerges from the recent downtown, executives are looking for innovative ways to promote growth.

Digitization and data analytics will impact upstream operations favorably

Jay Stieneker, North Highland

On June 13, 2014, the cost of a barrel of West Texas Intermediate stood at $107.49. That year, budgeted, worldwide capital expenditures in the oil and gas industry would approach a record $520 billion. The future looked bright.

Gazprom Neft establishes new digital innovation center

A new Digital Innovation Center is being established at Gazprom Neft, for the development and implementation of digital technologies in logistics, processing and sales.

Cyberattack pings data systems of at least four gas networks

At least four U.S. pipeline companies have seen their electronic systems for communicating with customers shut down over the last few days, with three confirming it resulted from a cyberattack.

Cyber attack shuts pipeline data system, Energy Transfer says

A system that digitally processes customer transactions for a major pipeline network in the U.S. was shut down Monday after a cyber attack.

Total partnership to deploy world's first autonomous offshore robot

Robots could soon be working autonomously alongside humans on a North Sea platform as part of a world-first project from the Oil & Gas Technology Centre, Total E&P (Total) and taurob, in partnership with Technische Universitaet Darmstadt (TU Darmstadt).

Wellsite announces blockchain integration, launch of Crudecoin token sale

Wellsite, a professional network and collaboration platform for the upstream oil and gas industry, today announced a major blockchain initiative for its flagship platform, Wellsite.com, with the launch of a token sale for its cryptocurrency designed for the oilfield services market, Crudecoin.

Repsol selects Emerson for multi-year exploration technology contract

Emerson has announced that it has signed a multi-year contract with Repsol to provide its Paradigm E&P software suite across all Repsol global exploration operations to help identify and evaluate new and existing opportunities more accurately.

Lumina unveils new geophysical-modeling tool

Leonardo, the new geophysical-modeling tool from Lumina, is now available. The tool allows users to imagine, model and test 2D earth models more quickly and more easily than ever before, using a paint-oriented approach. Paint your earth model and push a few buttons for instant 2D synthetic seismic sections, a wide variety of attributes and AVO responses.

Netflix for oil setting stage for $1-trillion battle over data

A battle for big data is brewing in the oil patch.

DNV GL to build independent platform for energy storage system monitoring, analytics

DNV GL has recently started the development of an independent platform for integrated monitoring and performance reporting of energy storage systems (IMPRESS).

CERAWeek ’18: Siemens adds three new partners to Charter of Trust cybersecurity initiative

While threatening cyber activity has reportedly cost the U.S. billions of dollars in recent years, Siemens is taking additional steps to protect critical infrastructure related to the energy sector through its new cybersecurity initiative, Charter of Trust.

Statoil invests in offshore digital technology

An integrated operations support center and a drilling operations center will help reach Statoil’s ambition of increasing value creation from operated fields in Norway by more than $2 billion from 2020 to 2025 before tax.

Emerson, Total sign long-term global agreement for Paradigm E&P software solutions

Emerson announced today a long-term global agreement with Total S.A. to provide all Total geoscientists with access to Emerson’s Paradigm exploration and production (E&P) software portfolio, to help the global energy leader maximize performance of reservoir subsurface modeling and formation evaluation.

GE, Noble Corp. launch world's first digital drilling vessel

Following the partnership formed by GE and Noble Corporation plc, the two companies launched the world’s first digital drilling vessel, targeted to achieve 20% operational expenditure reduction across the targeted equipment and improve drilling efficiency.

Aker Solutions to collaborate with Cognite, strengthening digital offering

Aker Solutions agreed on a long-term collaboration with software company Cognite to accelerate the development of digital solutions that will drive major efficiencies through the entire life of an energy asset.

New software puts real-time drilling monitoring in reach

Proactive Real Time Systems (PRTS) has launched its new software product called the Real-Time Advisory System (RTAS).