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