Without a doubt, technology is changing the way we live and work. This notion is nothing new or groundbreaking. For example, the energy industry has been…
Hydraulic fracturing is part of the upstream sector, occupying a privileged place in terms of its importance, as it is constantly used to raise production in…
Artificial intelligence (AI) technologies like machine learning and natural language processing are gaining inroads in the commodity trading arena to analyze data faster and spur more…
HOUSTON — Today, with hundreds of oil and gas professionals attending virtually, Quorum Software (Quorum) kicked off its first-ever Qnect On Demand conference for users of the company’s Upstream On…
While the adoption of augmented reality (AR) in the oil and gas (O&G) industry is in the introductory phase, this evolving technology has the potential to…
HOUSTON – Quorum Software (Quorum), a Thoma Bravo portfolio company and the leader in digital transformation for the oil and gas industry, announced today that it has…
Houston — Ninety percent of oil and gas executives agree that investment in technology and workforce are essential to surviving current market conditions, according to a…
By taking advantage of reduced inaccuracies and improved productivity thanks to AI, the oil and gas industry can enjoy faster data analysis and more informed business…
Although awareness of the safety solutions offered by unmanned aerial systems (UAS) – aka drones – has recently spiked across the healthcare community due to the…
A review of best practices and steps for projects to produce sustainable AI implementations. Artificial intelligence (AI) continues to surpass what experts thought was possible. Governments…
In 1912 the French geophysicist Conrad Schlumberger, after recording the first geological map of equipotential curves, applied the data to locating iron ores and subsurface structures…
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 for…
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 change…
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 used…
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 repair…
With growing worldwide momentum in decarbonization, the oil and gas industry is starting to acknowledge its impact on climate change, and is now increasingly committing to…
Drilling is an essential component in the oil and gas industry with operators using drilling as a method to excavate oil underground and from various resources.…
The energy industry is very cyclical and, while companies should take advantage of economic ups and market changes that give them an edge, it is imperative…
The energy industry today understands the value of technology. Innovation and sensible investment can rapidly cut operating costs and reduce the risk of accident. This is…
As software and technology continue to further penetrate the oil and gas industry, the upstream sector is seeing the technology benefit as well, in the form…
Protecting your greatest assets – the people that make up your operation and the operation itself – are at the forefront of any company’s mind in…
The upstream sector of the oil and gas industry is based on the first stage of a reservoir’s lifetime. This cycle takes into account the processes…
As business leaders in the oil and gas industry come to terms with the “new normal” of remote working, digital-led interactions, and increased uncertainty, Craig Hayman,…
Aberdeenshire start-up company, Legasea, has now been nominated for three business awards in quick succession. Despite having only established the business in 2019, the impact that…
The global oil & gas analytics market was valued at US$ 13 billion in 2019 and is anticipated to expand at a CAGR of ~15 percent during the forecast period. Based on…
HOUSTON – C-Innovation, LLC (C-I), an affiliate of Edison Chouest Offshore (ECO) and its family of companies, has completed the installation of several stem clamps for…
With legacy ETRM systems approaching their next upgrade cycle, oil and gas companies should turn their attention towards taking a postmodern approach to deploying their next…
Around 70 percent of crude oil and petroleum products are moved by pipeline, 23 percent using tankers and barges over water, 3 percent by rail, and…
Cloud computing allows oil and gas companies to scale their data management and storage, driving greater flexibility in infrastructure costs. The high computing power delivered via…
Following Halliburton’s Q2 2020 earning call, where the company fully commits to its strategy of improving innovative customer solutions through digital technology and concentrating on international…
According to the Graphical Research new growth forecast report titled “North America Digital Oilfield Market Share By Process (Production Optimization, Reservoir Optimization, Drilling Optimization, Others), and…
Where is all the water going? As much as 10 barrels of saltwater are produced for every barrel of oil in the Delaware Basin while the…
The oil and gas industry is well known for having pronounced boom and bust cycles, with the current trend being downward due to the reduced demand…
The Oil & Gas Technology Centre (OGTC) has today {1 June, 2020} announced the appointment of Martin Gilbert as Chair of the Aberdeen-based research and technology…
A growing number of enterprises, far away the gaming and entertainment sectors, are leveraging immersive technologies such as augmented reality (AR) and virtual reality (VR) to…
Whether it’s a catastrophic event that affects lives, or a failure by damage mechanisms that affects finances, there’s no question that reliability and safety is always…
Global subsea wireless and digitalisation specialist WFS Technologies has scored a double whammy after being revealed as the winners of two prestigious accolades by the organisers…
Web service gathers train data via HPA interface / Introduction of handhelds planned Digital transformation in the port of Hamburg: Effective immediately, the tank terminal operator…
The coronavirus has exposed the soft underbelly of critical infrastructure and industrial sites worldwide – workforce availability. As more and more companies implement business continuity plans…
Houston, long known as the energy capital of the U.S., is now becoming recognized as a technology hub as well as a forward-thinking city for women…
Oil and gas companies are turning the large volume and variety of data into intelligence for improved asset productivity. Real-time data analysis is essential for deriving…
Houston-based engineering firm Erdos Miller develops down-hole devices used in the drilling of advanced horizontal oil wells. Their firm develops down-hole devices used in drilling advanced…
HOUSTON – Quorum Software (Quorum), the leader in digital transformation for the oil and gas industry, today announced it acquired Denver-based EnergyIQ, a leading provider of…
In a time when the world is claiming that data is the new oil, it is woefully ironic that the oil industry is so far behind…
The size of the Digital Oilfield Market was registered at USD 24 billion in the year 2018 and is anticipated to cross USD 39 billion by…
Oil and gas assets are increasingly fitted with a multitude of Internet of Things (IoT) sensors, causing exponential growth in data. This, in turn, is increasing…
Wearable technology is expected to be the next big consumer trend, with its impact similar to that of the smartphone, according to GlobalData, a leading data…
Oil and gas companies are finding innovative ways to capitalise on the benefits of virtual reality (VR) technology, according to GlobalData, a leading data and analytics…
Oil and gas companies spend millions of dollars on training new employees and contract workers to meet safety standards, according to GlobalData, a leading data and…
As 2019 draws to a close, Anna Belova, Senior Oil and Gas Analyst at leading data and analytics company GlobalData, looks at the key trends that…
