Digital Transformation ///

Innovations in upstream technology

Technology drives almost every aspect of the upstream oil and gas industry, from reservoir to point of sale. Securing the energy needs of tomorrow requires constant innovation in the upstream sector, to maximize output from existing fields, find new petroleum resources, and commercialize the world’s large known, unconventional resources.

Oilfield data startup Zeno plans to streamline fossil fuel asset valuation

An oil-data startup backed by Palantir Technologies Inc. co-founder Joe Lonsdale plans to help energy explorers, bankers and investors figure out how much crude and natural gas reserves trapped underground are really worth.

Petrolern and Stratagraph announce major strategic partnership

Stratagraph, a leader in geological services to the oil and gas industry for the past six decades, announces a new strategic partnership with cutting-edge clean energy technology company, Petrolern LLC.

2021 World Oil Awards winners honored at live Houston gala

Honorees received awards in 18 categories, encompassing the full breadth of the upstream industry. Today’s innovations, many of which would have seemed far-fetched a generation ago, are enabling operators to find and produce hydrocarbons more safely, economically, and efficiently.

Halliburton introduces iStar Intelligent Drilling and Logging Platform

Halliburton Company released the iStar Intelligent Drilling and Logging Platform, a comprehensive measurement platform comprising multiple services for greater control of drilling and logging operations.

Baker Hughes brings proven flare monitoring and management tech to upstream operations

Panametrics, a Baker Hughes business, has made its flare control and digital verification platform, flare.IQ, available to upstream operators for the first time.

Vine Energy deploys Baker Hughes’s advanced analytics to enhance gas production and curtail methane emissions

Natural gas producer Vine Energy has signed a contract with global energy technology company Baker Hughes to deploy its artificial lift solution, ProductionLink Edge, across 100 natural gas wells in Louisiana’s Haynesville Shale.

Schlumberger and AVEVA to advance digital solutions for oil and gas production operations

Schlumberger and AVEVA announced an agreement to integrate edge, AI and cloud digital solutions to help operators optimize oil and gas production.

In a time of change, understanding the subsurface remains critical to project success

Denis Saussus, Ikon Science

As the energy industry evolves, there is one critical constant—understanding the subsurface thoroughly. Knowledge of the underlying geology is key to successful hydrocarbon, geothermal and offshore wind projects. It also ensures the success of carbon capture/storage initiatives—digital transformation will be a key enabler going forward.

SnubWell: Advancing the completions market bit by byte

Jarodd Hargis, Kevin Hollerich, Deep Well Services

In 2019, Deep Well Services launched their greenfield SnubWell program, marking an industry-first data acquisition system custom-tailored to Hydraulic Completion Unit operations.

Tech-enabled asset management holds key for oil and gas upstream industry, says GlobalData

The upstream oil and gas industry is investing heavily in search for new reserves or resource plays, new extraction technologies, and advancements in operational automation.

AVEVA says 85% of industrial companies seek to meet green goals via digital transformation

AVEVA, says 85% of industrial businesses plan to increase their investment in digital transformation over the next three years in order to tackle climate change, embrace automation and unlock the performance benefits of advanced technologies.

LYTT and Baker Hughes join to accelerate digital transformation in oil and gas

The collaboration agreement creates a new offering for customers by combining LYTT’s fiber optic data analytics and cloud-based software with Baker Hughes’ completions and well intervention hardware and service expertise.

Balancing AI advances with robust cybersecurity solutions

Leo Simonovich, Siemens Energy

While digitalization has improved project economics and streamlined operations, it also has brought the need for AI-enabled solutions to support sustainable growth and provide security against cyberattacks.

Decarbonizing with digital: Improving drilling and well construction performance, sustainably

Davy McCullough, Schlumberger

Industry mandates for more sustainable operations and higher performance are reshaping drilling/well construction. For years, digital innovation has been important for improving efficiency and enabling returns-focused performance. Today, digital is equally important in reducing CO2 emissions to mitigate climate change.

Aramco, AVEVA to partner on key sustainability goals via digitalization

Focused on driving sustainability in the region through digital transformation, the partnership will help enable AVEVA to establish their largest digital hub, with an R&D capability, in the Middle East, headquartered in Saudi Arabia.

Operators: Are your partners taking digital transformation beyond the drill bit?

Drew Doty, Eric Sawyer, Patricia Zarate, Nabors Industries

Streamlining day-to-day operations, using purpose-built apps, is enabling improvements for operations, maintenance and worker safety.

Shell, Baker Hughes deliver smart oil condition and equipment health monitoring

VitalyX combines Shell Remote Sense lubricant analysis expertise with Bently Nevada’s 60-year experience in condition monitoring and protection to offer an early warning system that remotely monitors oil quality to increase machine uptime.

Schlumberger launces Optiq fiber optic sensing solutions

Schlumberger's Optiq solutions provide continuous and instantaneous measurements, and when coupled with Schlumberger’s broad digital offering, deliver actionable insights leading to greater operational performance, efficiency, and reduced environmental impact.

Silixa rolls out industry’s first subsea distributed acoustic sensing system

Silixa announced the successful installation, validation, and borehole seismic acquisition from a permanently installed fiber optic Distributed Acoustic Sensing system, Carina Subsea 4D, on BP’s Atlantis Phase 3 subsea field development.