Considerations Before Implementing AI in the Oil and Gas Industry
An effective AI platform needs a reliable master data strategy and cloud computing source to build upon, as well as sound data integration and cleansing...
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Decarbonizing Oil and Gas Using AI
COVID-19 has undeniably shaken global economies to their very core, and the world has responded by changing at rapid speed. Additionally, the pressure of climate...
Deepwater Manages Pandemic on Land and at Sea
The oil and gas industry has quickly made leaps and bounds in combatting COVID-19, and the offshore sector has been forced to develop creative and...
Patented Chemical Mixing Tool Improves Results While Slashing Chemical Spending
Ongoing chemical treatments are among the top production costs in almost every basin, coming in at around eight to ten percent on average on the...
Using 3D Digital Twins to Support Mergers and Acquisitions Due Diligence for Industrial Assets and Facilities
A 3D Digital Twin is a virtual replica of assets, consisting of “point cloud” data captured by Light Detection and Ranging (LIDAR) scanners, which is...
Drilling Tools Most Used and Techniques to Exploit Formation Conditions
Well drilling, the second step in the downhole process, begins when the superficial casing is put in place and ends when the well is set...
Natural Gas: Beyond the Pandemic
A recent report by the International Energy Agency (IEA) entitled “Gas 2020: Analyzing the Impact of the COVID-19 Pandemic on Global Natural Gas Markets” was...
3D Printing Readiness: How to Get Setup for Success
Environments in oil and gas wells are harsh, complex and abrasive, wreaking havoc on drilling systems and equipment, which are especially difficult to replace or...
Financial Reporting Impairment Considerations for Oil and Gas Companies in the Low-Price Environment
The decrease in oil demand as a result of the COVID-19 pandemic, along with the worldwide pendulum of supply and demand, has put many energy...
Four Fundamentals to Improve Safe Production in Lean Times
For years, organizational leaders in dangerous industries have searched for ways to improve organizational performance and prevent serious injuries and fatalities (SIFs). This is particularly...