Big Data ///

Energy Web Atlas releases new features for real-time LNG intelligence service

Gulf Publishing Company has announced several enhancements to the Energy Web Atlas (EWA) applications. The ESRI-based geographic information system (GIS) platform allows users to examine real-time project information, export and manipulate data, and serves as a comprehensive source of actionable project intelligence.

LMKR launches subscription program for instant access to latest software

LMKR announced the launch of the GVERSE GO, a pay per use subscription program that allows instant access to LMKR's software while paying only for what you use.

Oil tycoon T. Boone Pickens closes main hedge fund

Legendary oil tycoon T. Boone Pickens is closing his hedge fund, saying trading oil has lost its luster.

Endress+Hauser forms alliance to provide digital oilfield technology

Endress+Hauser is pleased to announce the alignment of partnerships with Angus Measurement Services, TechnipFMC and its authorized service provider, Vector Controls.

How big data analytics are changing the oil and gas industry

Today, “big data” has become a ubiquitous phrase at any enterprise, primarily as data in volume, velocity and depth grows due to consumerization of the world. To understand its potential to change the oil and gas industry, one must first understand innovation dimensions and how they can be applied at any enterprise.

TGS announces Alonso 3D multi-client project in U.S. Gulf of Mexico

TGS announces new multi-client acquisition project, Alonso 3D in the U.S. Gulf of Mexico.

Russia led the world for oil and gas discoveries in Q3 2017, GlobalData reports

A total of 30 oil and gas discoveries were made in the third quarter of 2017. Of these, 18 are conventional oil, one is heavy oil, one is unconventional gas, and the remaining 10 are conventional gas, according to GlobalData, a data and analytics company.

Maana raises $28 million to accelerate AI-driven industrial digital transformation

Maana, digital technology company, today announced it has raised $28 million in Series C funding. The round is led by China International Capital Corporation (CICC) and Eight Square Capital. Other new investors include Accenture Ventures and Sino Capital. All of Maana’s existing strategic investors, Intel Capital, GE Ventures, Chevron Technology Ventures, Saudi Aramco Energy Ventures and Shell Technology Ventures participated.

Reveal Energy Services delivers first near real-time DiverterSCAN technology results

Reveal Energy Services announced today the company has produced and delivered the first near real-time DiverterSCAN technology results, which allowed an operator to identify a diversion design that enhances hydraulic fracturing fluid distribution.

Polarcus secures funding for 3D broadband project in Australia

Polarcus Limited has announced that the Company has secured significant industry prefunding and has been granted the environmental permit for a broadband 3D marine seismic project in Australia.

CGG releases multi-client airborne gravity, magnetic survey over Perdido Fold Belt, Mexico

CGG Multi-Physics has announced completion of the acquisition, processing and interpretation of a multi-client airborne gravity and magnetic survey of approximately 38,000 line km over the Perdido Fold Belt.

Drillinginfo acquires Pattern Recognition Technologies

Drillinginfo, the energy industry's leading SaaS and data analytics company, announced today it has acquired Dallas-based Pattern Recognition Technologies (PRT), a global leader in energy forecasting.

RGU launches world's first decommissioning simulator

Aberdeen’s Robert Gordon University (RGU) has today (Monday, Dec. 4) launched a state-of-the-art decommissioning simulator to service the growing sector.

Gazpromneft-Khantos establishes Upstream Control Centre using digital twin technology

Gazprom Neft subsidiary Gazpromneft-Khantos has launched an Upstream Control Centre as part of its “Digital Field” program.

Deloitte, FOROIL deploy Digital Oil Recovery to increase recovery from brownfields

Deloitte has announced an exclusive go-to-market collaboration with FOROIL to help upstream clients dramatically increase production and reserves from brownfields – conventional oilfields with more than seven years’ operating history – using historic production data, breakthrough mathematical modeling and high-performance computing.

Quantico Energy Solutions introduces new drilling optimization solution

Quantico Energy Solutions announced today the release of QOpt, a drilling optimization solution that maximizes rate of penetration (ROP) and reduces the overall cost to drill a well.

MOL Norge selects AGR for well and drilling engineering

Global energy services and software company AGR has been awarded a Frame Agreement with the Hungarian Operator MOL.

Norbit acquires field monitoring specialists Aptomar

Norwegian technology group Norbit has acquired field monitoring specialist Aptomar.

Breakup of Saudi-Russian alliance would collapse crude prices, Citigroup says

The Saudi- and Russia-led supply limits that have lifted crude to a 2 1/2-year high must be prolonged for an extended period or prices will collapse, said Ed Morse, global head of commodities research at Citigroup Inc.

DNV GL introduces innovative approach to independent verification of oil, gas assets

DNV GL has introduced remote witnessing in independent verification surveys, providing operators with more flexibility and efficiency without compromising safety.