Digital Transformation ///
Craig Fleming, World Oil
The combination of artificial intelligence, machine learning and the industrial internet of things is enabling remote operations and automation capabilities, leading to greater adoption and proliferation of intelligent oilfield operations.
John Tully, SAP
The need to digitally transform — by taking actions such as streamlining and automating business processes, managing data across the organization and overseeing remote workers — is only greater in the face of COVID-19 developments.
Honeywell is launching its gas cloud imaging system in Europe to provide automated and continuous monitoring for leaks of dangerous and polluting gases such as methane at oil and gas, chemical and power generation facilities across the continent.
Fred Jenson, Chiranjith Ranganathan, Shi Xiuping, Ted Holden, CGG
A machine learning workflow can quickly, and accurately, predict mineralogy, porosity and saturation in multiple wells to better understand productive layers in unconventional oil reservoirs.
ChampionX Artificial Lift announced the launch of XSPOC 3.1, the latest release of its production optimization software. This release provides a number of powerful updates to the XSPOC platform, including advancements in setpoint optimization for rod lift wells and AI-driven autonomous control to better optimize production assets with less resources and time.
“At Petronas, we are continuously looking to create value with disruptive technologies that offer optimum solutions. Utilizing AVEVA Unified Supply Chain software, we have been able to adopt a more integrated business process, that optimizes our productivity, allowing us to deliver with less,” said Yusri Yusof, vice president of refining and trading at Petronas.
One of the world’s largest semi-submersible, heavy-lift crane platforms has been awarded the ABS Integrated Software Quality Management (ISQM) notation, recognizing its risk-based approach to critical software control safety systems.
Halliburton has signed an eight-year contract with the Norwegian Petroleum Directorate to deploy and operate Diskos, the Norwegian national repository of seismic, well, and production data for the oil and gas industry.
The Wärtsilä system will enable a subsidiary of RWE Renewables, Hickory Park Solar, LLC, to sell nearly 200 MW of generation from the solar PV panels to Georgia Power Company.
Girish K. Saligram, Weatherford; Kurt Abraham, World Oil
Having taken over the top spot at Weatherford last October, President and CEO Girish Saligram is positioning the firm for post-Covid-19 excellence. Editor-in-Chief Kurt Abraham spoke with Mr. Saligram about his priorities for the future.
Pierre Ramondenc, Juan Pablo Taboada, Jordi Segura, Schlumberger
A noise-immune hybrid electro-optical technology enables reliable real-time downhole data transmission and continuous electrical power delivery for coiled tubing operations. The result is improved efficiency in conventional CT applications and in an expanding array of interventions.
Josh Morrison, Caterpillar Oil & Gas
Supporting drilling contractors and operators’ ESG goals and objectives for a carbon-neutral future, Caterpillar has created targeted solutions. Among these is the Cat Energy Storage Solution, a hybrid energy technology integrated with natural gas gensets for land drilling applications.
Jostein Lien, FutureOn
Next-generation oil and gas projects will benefit from the improved collaboration and shared goals made possible by increased digitalization and high-quality visualization tools.
Mats Andersen, Sanna Zainoune, Eirik Vandvik, NOV
A wired drill pipe system enables real-time data transmission and sends constant information to decision-makers during drilling and tripping. North Sea case studies demonstrate how combining multiple downhole tool technologies has improved drilling efficiency and prevented various issues.
Douglas C. Nester, PetroAi LLC
Informed investment decisions require access to the complete knowledge potential existing within digital data available in today’s oil and gas fields. Emerging applications provide investors with access to machine learning, AI analytics, and smart monitoring technologies necessary to mine these data.
The combined portfolio brings OSIsoft’s world-class data management together with AVEVA’s leading industrial software to unlock Performance Intelligence.
Ecopetrol has selected Aspen GDOT dynamic optimization software as part of its digitalization initiative to improve refining margins at its two refineries in Cartagena and Barrancabermeja, and upgrading to Aspen DMC3 advanced process control software in Barrancabermeja refinery.
Zachary Burke, Radix Engineering and Software
For digital transformation to be beneficial and long-lasting, it has to complement business goals. It is important to keep expectations realistic with respect to the current level of digital maturity.
The Madero and Ignacio energy storage plants will deliver valuable grid support to the Electric Reliability Council of Texas (ERCOT), the body responsible for managing the electric supply to more than 25 million customers.
Total and Microsoft have agreed to collaborate as strategic partners to further digital transformation and support progress toward net-zero emissions.