Big Data
News
August 04, 2023
GlobalData’s thematic report, “Quantum Computing in Oil and Gas,” provides an overview of quantum computing technology and its potential implications in oil and gas operations. It also highlights the role of major oil and gas companies, such as bp, ExxonMobil, Equinor, Shell and TotalEnergies in the development of quantum computing to address complex business problems.
Article
February 2023
Crude prices inched up in January, as the prospect of increased Chinese demand offset the apprehension that inflation and steadily rising interest rates would trigger a global economic recession.
News
December 27, 2022
The combination of multisensor broadband fidelity and dual azimuth illumination provides clients with higher-quality data for their renewed exploration interest on the Norwegian continental shelf.
News
December 14, 2022
Searcher applied its proprietary post-stack reprocessing method which rectifies navigation, metadata, amplitude, phase and time to create a regional dataset that allows for an extremely cost-effective ranking of the acreage.
Article
November 2022
IA helps by driving innovation, filling some skills gaps for engineers, and enhancing data usage and operational efficiency.
Article
November 2022
Digitalized machine learning and data analytics elevate values of mature fields
Article
June 2022
Seismic data can provide useful information for prospect identification and reservoir characterization. Combining seismic attributes helps identify different patterns, thus improving geological characterization. Machine learning applied to seismic interpretation is very useful in assisting with data classification limitations.
Article
June 2022
Fully automated seismic horizon picking dramatically shortens times between acquiring seismic data and defining drilling targets. Operators spend millions of man-hours interpreting seismic data to produce viable prospects. Freeing up time to better incorporate G&G properties within mapped structures enhances probabilities of discovering commercial pay.
News
May 13, 2022
The OSDU Data Platform is a cloud native, open-source technology which provides the energy industry a toolbox to address the undifferentiated capabilities needed to manage large, disconnected data sets.
Article
May 2022
Existing but previously unused data obtained during the drilling process can now be used to enhance completion design. The author outlines the available data and discusses how it can be incorporated into the completion design process and ultimately provide economic benefits to an operator.
News
April 22, 2022
The global data business in the oil & gas market is projected to rise at a compound annual growth rate of 16.5% for the next decade, rising from a valuation of $31.6 billion in 2022 to $145.9 billion by 2032.
Article
April 2022
An integrated platform, incorporating data from multiple systems that are accessible to a real-time operations center and field personnel, produces a comprehensive model of a company’s ecosystem. The innovative combination results in safer, more reliable operations with less downtime.
News
February 24, 2022
Currently, only 16% of all oil and gas organizations make non-sensitive IoT data available to anyone in their organization, and to their partners, to access and to use. A more strategic, open approach to gathering and sharing non-sensitive data could unlock substantial benefits for businesses struggling to make the most of IoT projects.
Article
January 2022
At the risk of writing the shortest ever technical article, the answer is 30 or more.
Article
November 2021
Whether it’s being used to bring cloud capabilities to the oil and gas industry or enabling the transition to cleaner forms of energy production, the utility of a community-driven consortium data platform depends largely on the angle from which companies approach it.
Article
May 2021
The energy transformation begins with digital transformation
Article
November 2020
Oil and gas organizations are looking increasingly to embrace technology and improve processes to move further down the path toward transformation in a post-Covid world. To accomplish these objectives will require structure, pragmatism and agility while navigating the road ahead.
Article
August 2020
Successful development of technology today will ensure that the E&P industry continues to be a source of reliable energy supplies, and also a driver of innovation, spearheading advances in the fourth industrial revolution.
Article
May 2020
The integration of smart tracers and intelligent diagnostics delivers affordable stage-level flow profiles to maximize production rates and EUR
Article
April 2020
Augmented and virtual reality systems reduce rig time usage and mitigate uncertainties, while improving accuracy of rig surveys for offshore solids control and fluid management installations.
Article
March 2020
Why you can’t afford not to use blockchain in commodity transportation
