Digital Oilfield

Business , Earnings , Digital Oilfield

SLB Beats Expectations with Strong Q4 Earnings

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.

January 20, 2023

Technology , Digital Oilfield

How Much is a Digital Twin Worth?

HUVRdata and VEERUM partnered to engineer digital twin technology that contextualizes inspection data in virtual facilities and asset models.

January 17, 2023

Exploration & Production , Digital Oilfield

The Drone Revolution: Robots Are Taking Over!

Drone technology is transforming the way the oil and gas industry operates, allowing for faster and more frequent inspections. Here’s what makes the future bright for drone tech.

November 22, 2022

Exploration & Production , Digital Oilfield

Equinor Implements First Live Smart Contracts in Offshore Oil and Gas

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.

October 25, 2022

Exploration & Production , Digital Oilfield

The ‘Holy Grail’ of Oil and Gas Data

Here’s how oil companies can go beyond the data lake by using a unified data model to integrate operations, production and back-office information for better and more timely decision-making.

October 18, 2022

Digital Oilfield

Schlumberger Launches Program for Independent Software Vendors

At launch of the Schlumberger Digital Platorm Program, nine independent software vendors are offering software solutions to Schlumberger customers.

September 19, 2022

Exploration & Production , Digital Oilfield

Halliburton Collaborates with Saudi Data and Artificial Intelligence Authority

The new partnership with the Saudi Data and Artificial Intelligence Authority will use Halliburton’s platform to create data science and AI applications and solutions, the Houston-based oilfield services firm said.

September 19, 2022

Reservoir Evaluation , Digital Oilfield

In the Know, in the Now: Real-time Data Gathering Offshore

From Baker Hughes to Schlumberger, service companies are offering new technologies to offshore operators that use real-time data to optimize wells.

August 30, 2022

Shale Plays , Digital Oilfield

Devon Energy Joins Blockchain Oil and Gas Industry Consortium

In addition to Devon Energy, Blockchain for Energy members include Chevron, ConocoPhillips, Exxon Mobil, Pioneer Natural Resources, Repsol, Schlumberger, API and Worley.

August 26, 2022

Exploration & Production , Digital Oilfield

Transforming Subsurface E&P Data Management with the Cloud

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.

August 22, 2022