The Drilling Industry Reaps the Rewards of Data Analytics
The drilling industry’s push for increased digitalization has been driven by new data formats, innovative software applications as well as an ever-increasing abundance of real-time...
Technology
Composite Solution Restores Eroded Petrochemical Plant Line
Scheduled plant turnarounds allow owners to take an entire process unit offstream for maintenance, providing time for damaged and worn equipment and systems to be...
Digital Twin Technology Can Drive Greater Efficiency, Support New Business
Oil and gas industry experts are constantly searching for ways to produce energy more efficiently. And they are seeking methods to improve health and safety...
Oil and Gas Companies are Reaching for the Sky
Drones or UAS (Unmanned Aircraft Systems) have gained popularity over the years recreationally, in business and in industry. In the oil and gas sector, this...
Oil and Gas Technology, Full-Speed Ahead!
Until the major downturn of 2014, the oil and gas industry has been a staunch, conservative industry that was a behemoth, slow to change. However,...
Virtual Reality as a Workforce Training Solution
by Elliot Green
Virtual Reality (VR) has been the most anticipated upcoming technology for the past three years. However, in these past three years it has been slow...
IoT in The Oil and Gas Industry
by Bill Ebanks and David Head
The oil and gas industry faces technical challenges unique to its business, with hundreds of thousands of onshore and offshore wells distributed over wide geographic...
Digital Twin Technology Adds a New Dimension to Offshore Projects
Offshore makes a comeback. Bloomberg reports that investors expect offshore investment in 2019 to increase for the first time in five years. The greater offshore...
Technological Advances Cushion Oil Crisis
Marked by intensified volatility due to continuous sharp oil price fluctuations, the oil market experienced its longest and deepest slump in 2014-2016. However, following the...
Follow The Leader: Examining How Industry Giants Reduced Operational Costs By Going Digital
Last year’s tumultuous oil prices saw WTI and Brent both start the year at over $60 for the first time since 2014, the benchmark year...
