Big Data ///

CGG, Ardiseis complete highest-density seismic survey ever acquired

CGG, its technology partner, and Ardiseis, subsidiary of the Arabian Geophysical and Surveying Company (ARGAS), the Middle East’s seismic acquisition specialist, have announced the successful completion of the world’s highest-density broadband seismic survey ever acquired onshore or offshore.

Quantico Energy Solutions, Target announce technology alliance

Quantico Energy Solutions, a leader in artificial intelligence (AI) solutions for the Upstream segment of the oil and gas industry, and TARGET, an oilfield services company specializing in digital transformation technology and enablement, today announced a strategic alliance to leverage their respective technology offerings in data management, geoscience consulting and artificial intelligence solutions for the global oil and gas industry.

Emerson announces acquisition of GeoFields, Inc.

Emerson has acquired GeoFields, Inc., a leading global supplier of software and implementation services for pipeline integrity data collection, management and risk analysis for the oil and gas industry.

Cryptocurrency mining operation launched by Iron Bridge Resources

Iron Bridge Resources Inc. has announced the formation and launch of a wholly-owned cryptocurrency mining and hosting operation called Iron Chain Technology Corp. (ICT).

Part two of Petrotechnics survey reveals additional OE insights

The second installment of Petrotechnics’ Operational Excellence Index (OEI) has revealed companies in hazardous industries are embracing digital transformation as a means of achieving Operational Excellence (OE), but the rapid pace of innovation and fear of change could pose barriers to widespread adoption.

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.