The company is paying attention to demand growth as it works to maximize shareholder value.
Quantitative seismic interpretation is about transforming seismic data, with units that are nebulous and vague at best, into physically meaningful units similar to a well log.
Though financial details of its deal will remain undisclosed, the sale of 19 GoM fields aids Chevron’s efforts to reach up to $10 billion in divestitures by year-end 2017.
A Silicon Valley-based deep learning, artificial intelligence company is using artificial neural networks to help find oil and gas using geoseismic data.
It’s not deep. It’s not hostile. It’s just unexplored.