Digital Transformation ///

Schlumberger introduces Symphony Live downhole reservoir testing

Symphony testing reduces operational time and improves safety and efficiency while enabling informed decision making for better reservoir understanding and reduced field development planning uncertainty.

Schlumberger introduces real-time oil and gas data management service

Schlumberger introduced its Performance Live digitally connected service that optimizes remote wellsite operations control while improving safety, efficiency and footprint. The service includes technology and domain expertise within a digital ecosystem, leveraging cloud-based applications and automated data workflows through a secure and robust data network.

Weatherford digital transformation program adds $156 MM in revenue for Mideast operator

Weatherford International announced its Production Optimization Software Platform increased production by nearly 6,000 barrels per day, boosting revenue by $156 million over three years for a Middle East operator.

mCloud, nybl to jointly optimize 2,000 oil wells in Kuwait and North America

mCloud Technologies, a provider of asset management solutions combining IoT, cloud computing, artificial intelligence and analytics, announced it had signed a mutual reseller and a global service agreement with nybl, an innovative technology company delivering AI solutions to industries that include process industries such as oil and gas.

Zupt completes Gulf of Mexico remote metrology survey

Houston-based Zupt LLC has been completing metrologies remotely, without offshore survey personnel, since 2017 and is believed to be only company with the end-to-end ability to complete spool/jumper metrologies in this way.

Fugro completes Middle East’s first uncrewed geophysical route survey

Controlled from their remote operations center in Abu Dhabi, an uncrewed surface vessel (USV) captured a full range of geophysical data across a survey area some 40 km out from the coast of Abu Dhabi to support a client’s critical project entirely remotely.

Production 4.0 opens custom analytics and autonomous controls to anyone

Manoj Nimbalkar, Weatherford International

Each year, the oil and gas industry could save billions in OPEX if just a tiny fraction of the world’s rod-lift and gas-lift wells had the benefit of autonomous optimization.

Schlumberger strikes wireline tech license agreement with China’s CNPC Logging

The collaboration agreement will provide CNPC Logging with a license to manufacture fit-for-basin wireline technology. As part of the agreement, Schlumberger will support CNPC Logging on the manufacturing and sustaining activities for ThruBit through-the-bit logging technology at the CNPC Logging technology center in Xi’an, Shaanxi province.

Scotland dedicates £62 million to leading the net-zero energy transition

The investment, with a focus on the North East, underpins the region’s ambitions to become a world leader in the transition to net zero, helping Scotland meet its ambitious targets on climate change.

SparkCognition and Siemens team up on AI-driven cyber defense system for endpoint energy assets

The AI-driven system will deliver next-generation antivirus, threat detection, application control, and zero-day attack prevention to endpoint power generation, oil and gas, and transmission and distribution assets.

WFS Technologies and Subsea Energy Solutions team up on offshore monitoring systems

WFS Technologies has joined forces with Subsea Energy Solutions to harness their combined global expertise and market-leading range of live condition monitored cable protection systems for the offshore energy industry.

R2S digital twin solution set to deploy for major Americas-based NOC

James Fisher Asset Information Services will deliver a minimum of six R2S digital twins this year to a major Americas NOC in a growing market, helping to further expand the technology’s global footprint.

Daily Brief podcast: Bringing offshore connectivity and HSE advances to onshore operations

Thanks to new developments in satellite connectivity, advances that were once only technically and financially feasible for offshore installations are now available for land operations as well.

Weatherford production optimization platform delivers multimillion-dollar savings

Weatherford International announced its ForeSite Production-Optimization Platform demonstrated $18 million in annual savings for a Fortune 500 producer by delivering measurable improvements in efficiency, uptime and production.

New WolfePak Software Pumper app automates production and well data

WolfePak Software is offering its new Pumper and supporting Production Module for free for six months, with no obligation to purchase at any time.

Daily Brief podcast: Automation's role in business continuity during the pandemic

The worldwide coronavirus pandemic is affecting how oil and gas companies do business day-to-day, from dealing with social distancing challenges to maintaining efficient operations in the face of whipsawing commodity prices.

Acoustic Data debuts remote downhole monitoring deployment solution in response to COVID-19

Acoustic Data has developed a remote deployment model for its SonicGauge Wireless Monitoring System to overcome travel restrictions relating to COVID-19. The solution enables operators to self-install their real-time wireless downhole monitoring system without requiring specialist engineers onsite.

Wild Well Control offers IADC WellSharp Live as distance learning training

WellSharp Live has been developed as a temporary solution to support ongoing training and learning in the oil and gas industry during the COVID-19 crisis. The option allows for instructor-led delivery, an interactive learning environment, and real-time quality monitoring throughout the course.

Research shows digital twins, smart asset management drive cost savings

A digital twinning and smart data asset management tool from Bureau Veritas can save between 9% and 15% on total decommissioning project costs, research has revealed.

Unique application of digital technologies improves operational efficiency

Mukesh Kapila, Halliburton

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.