Applying Gen AI for Drilling Optimization: Insights from a Real-World Implementation
October 18, 2023
Drilling Activity generates a significant amount of data. This data is typically captured across a variety of sources such as time and depth series data from geological surveys and drilling operations, unstructured data from End of Well reports, and structured data from internal IT systems. To date, synthesizing this data into a usable format and generating actionable insights has been a challenge. In this talk, we present results from a fielded Gen AI solution that synthesizes data from our historic drilling wells in Romania and provides a natural language interface for drilling experts to interact with. Additionally, it provides recommendations for optimizing well design and performance parameters based on past results. Our goal is to reduce project costs by streamlining information discovery and improve decision accuracy by leveraging data-backed insights.
September 28, 2023
Amazon Web Services, Inc. (AWS) announced five generative artificial intelligence (AI) innovations, so oil and gas organizations of all sizes can build new generative AI applications, enhance employee productivity, and transform their businesses.
September 27, 2023
PetroVisor has already effectively integrated multi-source production and well testing data from fifty wells, resulting in enhanced production estimates, streamlined back allocation processes, and predictive insights powered by automated Decline Curve Analysis.
September 25, 2023
The PulseStar service uses telemetry for remote operations to minimize human interaction and enhances on-bottom drilling time.
September 21, 2023
Huawei's intelligent E&P solution integrates high-performance computing, massive data storage, AI exploration models, and collaborative scheduling of software and hardware resources.
September 05, 2023
INEOS Energy will partner with SLB’s Performance Center in Aberdeen to collaborate and innovate subsurface technologies, including AI capabilities, to help it drive operational performance for continued growth, new acquisitions, and carbon capture and storage (CCS).
August 24, 2023
Globe combines proprietary computational modelling and AI-led machine learning techniques with Getech’s geoscientific expertise to deliver a unique Earth model that enables its customers to identify new resource exploration opportunities.
PETRONAS, Microsoft, Cegal partner to accelerate upstream digital innovation with artificial intelligence
August 18, 2023
The collaboration will see the construction of the Microsoft Azure High-Performance Computing (HPC) AI infrastructure platform to support and scale a wide array of applications that would optimize PETRONAS Upstream’s operational efficiency.
August 09, 2023
As part of the collaboration, the two parties will work together to pilot and test AI solutions to discover viable applications and use cases that can create value across multiple business verticals in the energy sector on a global scale.
Integrating AI and Rig Automation to consistently drive high-performance drilling efficiency across operations
September 06, 2023
Corva and Nabors Industries
Discover how Nabors Industries and Corva are transforming the drilling industry with data and automation in this exclusive webinar. Nabors Industries is a global leader in drilling and rig services, and Corva is a pioneer in real-time drilling analytics. Together, they have developed cutting-edge solutions to optimize drilling performance, enhance safety, and reduce environmental impact. In this webinar, you will learn about the current trends, challenges and opportunities in the global oil market, and how Corva and Nabors can help you achieve your drilling goals with data, cloud computing, and artificial intelligence.
July 25, 2023
The software, which is applicable to all major hazard industries, will prompt users to consider risks they may have missed, assist in answering questions and provide guidance on good practice as well as past incidents with relevant learnings.
Automation is a key component to reducing the carbon footprint of operations and increasing drilling efficiency. Using A.I.-driven power management systems optimizes power usage while minimizing fuel consumption and carbon emissions.
Vision AI solutions for the upstream industry combine the latest AI, 5G, and Edge technologies for rapid visual data curation, proactive remote monitoring, continuous tracking, and automated alerting for solutions scaled across E&P sites and facilities.
May 11, 2023
The state-of-the-art subsea platform, an unmanned underwater vehicle ("UUV") with advanced artificial intelligence, sensing capabilities, and more can perform a growing number of jobs without hazarding human divers.
May 04, 2023
In a session titled “Artificial intelligence, real-time monitoring, automation and big data,” Shell’s Gulf of Mexico Safety Manager, Neisha Kydd, and Oxy’s Director of Enterprise Architecture & Emerging Technologies, Mansoor Nazar, discussed the ways their companies utilize artificial intelligence, automation and robotics in safety spaces, the limitations of these technologies, and the future of AI in their respective companies and the offshore industry as a whole.
April 14, 2023
Following commissioning, Nauticus expects to send the initial Aquanaut MK2 units to the North Sea and the Gulf of Mexico in the coming months to support customer initiatives in those regions.
April 05, 2023
The deployment provides scalability, flexibility, integration, and third-party collaboration and accelerates the adoption of machine learning and artificial intelligence across the drilling and wells organization.
Drilling technology: New ML-based drilling system recommender app demonstrates AI’s inherent value to well construction
As ML applications become easier to access and use, they are setting the stage for rapid scaling across the E&P industry to assist the human decision-making process. A new ML-based drilling system recommender illustrates how this scaling is improving drilling performance and reducing energy extraction costs.
February 24, 2023
The Envana™ digital emissions management solution provides a smarter and more accurate picture of emissions, which gives companies actionable information to manage and reduce their total carbon footprint.
December 23, 2022
By forging this new relationship with DataRobot, Weatherford will accelerate the development of machine learning and AI-enabled offerings within its digital solutions portfolio to deliver disruptive and innovative technologies to the oil and gas industry.
November 23, 2022
Bumi Armada, international offshore energy facilities and services provider, has partnered with OPEX (an ERM Group Company) to drive down carbon emissions on its Armada Kraken FPSO facility, which serves the EnQuest-operated Kraken Field located in the northern North Sea.