WellDrive employs a combination of artificial intelligence and actual intelligence in order to utilize data for operated and nonop wells, says the company’s president, Derek Garland.
Although the industry learned a lot during the last downcycle, oil and gas companies won’t have the same access to capital in the latest slump and will likely only be able to invest the cash they generate.
Venture Global LNG Inc. revealed the successful string test of the first Venture Global Calcasieu Pass mixed refrigerant compression system at Baker Hughes’ testing facility in Massa, Italy on April 2.
Oilfield services provider Schlumberger on March 31 said it will implement widespread salary and job cuts as it grapples with a sharp decline in revenue from the oil price collapse.
Digital intelligent artificial lift technology simultaneously enables enhanced recovery from dual-string gas-lift wells.
AI, LIDAR and advanced edge computing technology combine to deliver improved red zone management and more efficient operations and maintenance.
New ground- and drone-based technologies use machine learning for real-time monitoring of methane leaks in oil and gas fields.
Eagle Ford wells saw a reduction in treating pressure after dry friction reducer stages.
When people say the sky is the limit for Big Data, they must be talking about drones.