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Oil companies are increasingly moving toward digital solutions to help their businesses.
The technique involves matching seismic simulations with existing seismic data to produce subsurface images that are of better quality, BP says.
Flotek’s Reservoir Cognitive Consultant TM is intended to improve decision-making using machine learning to maximize reservoir performance through the Watson platform.
Lower commodity prices have not stopped oil and gas companies’ efforts to guard against cyberattacks.
The FRACGAS II JIP continues the development of the Elfen tight gas reservoirs (tgs) software suite pioneered by Rockfield, a geomechanics software solutions developer. The research aims to enhance finite element (FE) based modeling technology and microseismic methodology, the release said.
The benefits of modern network connectivity in the field make for a better, safer and more productive operation.
New technologies are increasing the industry’s situational awareness of cybersecurity threats, experts tell the crowd at DUG Permian Basin.
A Silicon Valley-based deep learning, artificial intelligence company is using artificial neural networks to help find oil and gas using geoseismic data.
Opportunities for further efficiency gains are abundant with technology, but a company has singled out a few technologies that it believes will shape the oil and gas industry’s future.
Although strides have been made in cybersecurity, the potential for more cyberattacks exists. A consulting firm gives advice.
"This power will help us to improve our performance and to reduce our costs," said Arnaud Breuillac, Total's E&P president. "In the era of big data, state-of-the-art data-intensive computing is a competitive advantage."
With integrated operations, everyone must understand the company’s overall priorities in order to set agendas in each group, working to get to the same point, according to an engineering coordinator for a major E&P company. Technology and breaking down silos are key.