The oil and gas industry’s long flirtations with new technology—including hydraulic fracturing itself —have been romanticized, but E&Ps that lag behind in the coming digital wave of artificial intelligence may find heartbreak and ruin ahead.
Oil and Gas Investor
E&Ps often find themselves using technology that's been around for years to innovate. At Marathon Oil, the company is speeding up its reservoir simulations through the use of the gaming industry's graphics processing units. Frack model times that once took six or seven days to complete are now done in one-tenth of the time. (Source: Ricardo Merendoni/Hart Energy)
[Editor's note: A version of this story appears in the July 2018 edition of Oil and Gas Investor. Subscribe to the magazine here.]
A million leaves of grass sway in a computer breeze—each digitally rendered blade is complex, independent and in motion, all created in less than a thousandth of a second.
In 2014, NVIDIA, a manufacturer of graphics processing units (GPUs) for the gaming industry, created the video to flex the muscles of its graphics hardware and software. The splendorous detail adds a little more appeal for gamers with time to kill.