Big Data
News
December 11, 2023
(WO) 鈥 The Energy Workforce & Technology Council's monthly jobs report reveals a surge of 1,286 jobs in the U.S. oilfield services sector for November.
News
August 04, 2023
GlobalData鈥檚 thematic report, 鈥淨uantum Computing in Oil and Gas,鈥 provides an overview of quantum computing technology and its potential implications in oil and gas operations. It also highlights the role of major oil and gas companies, such as bp, ExxonMobil, Equinor, Shell and TotalEnergies in the development of quantum computing to address complex business problems.聽
Article
February 2023
Crude prices inched up in January, as the prospect of increased Chinese demand offset the apprehension that inflation and steadily rising interest rates would trigger a global economic recession.
News
December 27, 2022
The combination of multisensor broadband fidelity and dual azimuth illumination provides clients with higher-quality data for their renewed exploration interest on the Norwegian continental shelf.
News
December 14, 2022
Searcher applied its proprietary post-stack reprocessing method which rectifies navigation, metadata, amplitude, phase and time to create a regional dataset that allows for an extremely cost-effective ranking of the acreage.
Article
November 2022
IA helps by driving innovation, filling some skills gaps for engineers, and enhancing data usage and operational efficiency.
Article
November 2022
Digitalized machine learning and data analytics elevate values of mature fields
Article
June 2022
Seismic data can provide useful information for prospect identification and reservoir characterization. Combining seismic attributes helps identify different patterns, thus improving geological characterization. Machine learning applied to seismic interpretation is very useful in assisting with data classification limitations.
Article
June 2022
Fully automated seismic horizon picking dramatically shortens times between acquiring seismic data and defining drilling targets. Operators spend millions of man-hours interpreting seismic data to produce viable prospects. Freeing up time to better incorporate G&G properties within mapped structures enhances probabilities of discovering commercial pay.
News
May 13, 2022
The OSDU Data Platform is a cloud native, open-source technology which provides the energy industry a toolbox to address the undifferentiated capabilities needed to manage large, disconnected data sets.
Article
May 2022
Existing but previously unused data obtained during the drilling process can now be used to enhance completion design. The author outlines the available data and discusses how it can be incorporated into the completion design process and ultimately provide economic benefits to an operator.
News
April 22, 2022
The global data business in the oil & gas market is projected to rise at a compound annual growth rate of 16.5% for the next decade, rising from a valuation of $31.6 billion in 2022 to $145.9 billion by 2032.
Article
April 2022
An integrated platform, incorporating data from multiple systems that are accessible to a real-time operations center and field personnel, produces a comprehensive model of a company鈥檚 ecosystem. The innovative combination results in safer, more reliable operations with less downtime.
News
February 24, 2022
Currently, only 16% of all oil and gas organizations make non-sensitive IoT data available to anyone in their organization, and to their partners, to access and to use. A more strategic, open approach to gathering and sharing non-sensitive data could unlock substantial benefits for businesses struggling to make the most of IoT projects.
Article
January 2022
At the risk of writing the shortest ever technical article, the answer is 30 or more.
Article
November 2021
Whether it鈥檚 being used to bring cloud capabilities to the oil and gas industry or enabling the transition to cleaner forms of energy production, the utility of a community-driven consortium data platform depends largely on the angle from which companies approach it.
Article
May 2021
The energy transformation begins with digital transformation
News
March 22, 2021
The combined portfolio brings OSIsoft鈥檚 world-class data management together with AVEVA鈥檚 leading industrial software to unlock Performance Intelligence.
News
December 15, 2020
The strategic partnership will enable a single search point to access all three companies鈥 multi-client data and allow customers to interactively find, visualize and download their subsurface assets and entitlements all in one place.
News
November 30, 2020
The proposed tie-up of S&P with IHS Markit, a research firm with more than 5,000 analysts, data scientists, financial experts and industry specialists, is part of a race for scale as the industry鈥檚 largest players try to capitalize on surging demand for data and analytics in increasingly computerized financial markets.
Article
November 2020
Oil and gas organizations are looking increasingly to embrace technology and improve processes to move further down the path toward transformation in a post-Covid world. To accomplish these objectives will require structure, pragmatism and agility while navigating the road ahead.