Artificial intelligence
News
November 12, 2023
LightOn's AI targets industrial applications through the use of their generative AI Paradigm platform, while CGG's outcome-driven, highly optimized and sustainable approach to industrial HPC, based on its proprietary immersion cooling technology and use of 100% renewable energy, is well proven in the energy industry.
Webcast
Webinar with World Oil: Increase Exploration Success with Innovative Digital Geoscience Solutions
December 13, 2023
AspenTech
In today’s volatile environment, there is a pressing global need for secure, sustainable and affordable energy. Oil and gas exploration and production companies must optimize performance to remain profitable, while also reducing geological risks—especially for structurally and lithologically complex reservoirs.
The future of the upstream industry lies in the adoption of innovative geoscience digitalization solutions to optimize operations. Machine learning applications for geoscience data have been in use for more than 25 years but have become critical in recent years due to the massive growth in the amount of petrotechnical data being acquired. As machine learning evolves and gains acceptance, it will play an increasingly visible role in analyzing surface and subsurface data. Join World Oil and AspenTech for this webinar to learn how to:
• Improve digital representations of the subsurface, such as rock prediction volumes, using machine learning and AI
• Leverage, QC and de-risk existing data from the subsurface, and display them in a comprehensive manner
• Make faster, more educated business decisions at lower cost
Register now to join the conversation and hear how you can leverage digital solutions to increase exploration success.
News
October 26, 2023
The RoboWell system utilizes real time data to continuously react to changing oil field dynamics, to optimize production processes, as well as ensure operation within safety parameters to minimize well instability and reduce the risk of stoppages or other incidents.
News
October 26, 2023
The Advanced Reservoir (AR) 360 solution drives optimization within upstream oil and gas exploration and operations, enabling greater efficiency and reducing operational energy use and emissions.
News
October 16, 2023
While at SPE Offshore Europe last month in Aberdeen, Scotland, World Oil had a chance to visit with two of DNV’s section heads handling various aspects of the digital side of upstream oil and gas. What follows are some highlights of that visit and specific projects that DNV is undertaking.
News
October 16, 2023
Flowco Production Solutions announced the immediate availability of the APEX Multi-Well Controller, giving oil and gas operators more precise monitoring and control technology to optimize their well pads for gas-lifted, plunger-lifted, and GAPL (gas-assisted-plunger-lift) assets.
Webcast
Applying Gen AI for Drilling Optimization: Insights from a Real-World Implementation
October 18, 2023
DeepIQ
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.
News
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.
News
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.
News
September 25, 2023
The PulseStar service uses telemetry for remote operations to minimize human interaction and enhances on-bottom drilling time.
News
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.
News
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).
News
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.
News
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.
News
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.
Webcast
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.
News
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.
Article
May 2023
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.
Article
May 2023
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.
News
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.
News
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.