SLB relies on upswings from its digital unit, along with its offshore and Middle East operations, to spur a 13% jump in quarterly earnings, although some analysts were underwhelmed by the company's free cash flow.
Equinor implemented Data Gumbo’s smart contract platform to automatically calculate and execute payments for integrated drilling and well services (IDWS) day rates for Johan Sverdrup and Troll assets in the Norwegian North Sea.
At launch of the Schlumberger Digital Platorm Program, nine independent software vendors are offering software solutions to Schlumberger customers.
The new partnership with the Saudi Data and Artificial Intelligence Authority will use Halliburton’s DS365.ai platform to create data science and AI applications and solutions, the Houston-based oilfield services firm said.
From Baker Hughes to Schlumberger, service companies are offering new technologies to offshore operators that use real-time data to optimize wells.
In addition to Devon Energy, Blockchain for Energy members include Chevron, ConocoPhillips, Exxon Mobil, Pioneer Natural Resources, Repsol, Schlumberger, API and Worley.
Here’s how the oil and gas community has come together to address the industry’s data management challenges by helping to remove data silos and enable data to move seamlessly between workflows and applications.