Big Data ///
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.
Honeywell and Dover Energy Automation are to collaborate as part of the Honeywell INspire program, Honeywell’s joint customer development program for its Industrial Internet of Things (IIoT) ecosystem, helping industrial energy customers improve the safety, efficiency and reliability of their operations.
Among the challenges that the oil and gas industry faces today, there is a bright spot of optimism in the form of Big Data
Schneider Electric, the global specialist in energy management and automation, has announced a collaborative project with Landmark, a Halliburton business line and provider of integrated E&P software.
Emerson Automation Solutions has launched the latest version of its reservoir characterization and modeling software. Through a host of new features and greater workflow integration to support the Big Loop solution, Roxar RMS 10 provides improvements to the seismic to simulation workflow; new decision-support tools for improved reservoir management; and increased user performance and productivity.
WellAware has announced the launch of the WellAware Integrated Radio and Controller for oil and gas producers as well as a global distribution collaboration with Landmark, a Halliburton business line and a leading provider of E&P software.
Premier Oilfield Laboratories (POL) has acquired MUD Geochemical, a geochemical laboratory and consulting company that provides X-ray Fluorescence (XRF) Analysis, and other geophysical services.
The EXPEC Advanced Research Center (EXPEC ARC) TeraPOWERS Technology Team, under the leadership of Saudi Aramco fellow Ali Dogru, has achieved a major breakthrough with the industry’s first trillion cell reservoir simulation run.
With help from digital industrial giant General Electric, data from a large amount of sophisticated sensors on a drilling rig are now being processed and analyzed online. The objective: To increase drilling productivity and reduce maintenance costs significantly.
BP and GE today announced the start-up of Plant Operations Advisor (POA), a new digital solution designed to improve the efficiency, reliability and safety of BP’s oil and gas production operations.
Paradigm has announced that Task Fronterra, a leading global geoscience consultancy, has standardized its advanced borehole data analysis service offering on the Paradigm Geolog petrophysical analysis and formation evaluation solution.
Lloyd’s Register (LR) has acquired RTAMO Ltd, a software enabled consultancy based in Aberdeen which provides data-driven solutions designed to reduce maintenance costs for asset owners. Murray Douglas, Lloyd’s Register’s strategic project director said, “At this critical economic time of low oil prices, asset owners are seeking better ways to maximize value. RTAMO (real time adaptive maintenance optimization) enables this to be done safely and sustainably by enabling asset owners and operators to tailor their maintenance strategy and preventive maintenance plans to suit their specific commercial needs.”
To help the oil and gas industry get more value from quantitative risk assessment (QRA) reporting, DNV GL has launched a new online quantitative risk assessment service called MyQRA.
Emerson Automation Solutions has announced a business collaboration with IPRES (Integrated Petroleum Resource and Economic Service), an international company based in Norway that provides advanced software tools and services to the upstream oil & gas industry.
Seven Lakes Technologies, Inc., has launched Joyn workflow and analytics platform.
Clariant is aiming to deliver the efficiency benefits of the digitized world to oil and gas chemical operations with its VERITRAX intelligent chemical management system.
The first stage of the Big Loop solution—when applied to the Norwegian field—involved the setting up of a repeatable and automated workflow that enabled the construction of a geo-cellular model.
The popularity of Big Data as a force for improving business performance has enjoyed exponential growth over the past few years.
Organizations are incessantly gathering information and data across every element of their supply chains from oil fields and pipelines to refineries, power stations and manufacturing.
Ambyint, a firm specializing in cost saving IoT technology solutions for oil and gas producers, has announced the launch of its new, pre-emptive, leak-detection device ambySense:SLD.