Digital Oilfield

Digital Oilfield , Logistics , Subsea

Baker Hughes New Approach Connects Entire Subsea Development Process

Subsea Connect reduces development costs by 30%, which can help unlock more than 16 billion barrels of oil, Baker Hughes says.

June 30, 2020

Field Development , Digital Oilfield , Logistics

Oil Major ConocoPhillips Deploys Low-Code Tech to Boost Bottom Line

ConocoPhillips has deployed a low-code platform called Mendix to cut costs and increase efficiency, making it the first major oil and gas producer to use such technology across the company, Mendix said in a statement on June 30.

June 30, 2020

Drilling , Digital Oilfield , Completions

Schlumberger Introduces Performance Live Service

Digitally connected service delivers real-time operational data and insights for improved performance.

June 30, 2020

Digital Oilfield , Artificial Lift , Logistics

Weatherford Production Software Boosts Revenue by $156 Million for Middle East Operator

Weatherford International Plc said June 24 its production optimization software platform increased production by nearly 6,000 barrels per day (bbl/d), boosting revenue by $156 million over three years for a Middle East operator.

June 25, 2020

Investment , Digital Oilfield , Logistics

BP Invests $5 Million in Geospatial Analytics Company Satelytics

BP Ventures has invested $5 million in Satelytics, a cloud-based geospatial analytics software company that uses advanced spectral imagery and machine learning to monitor environmental changes, including methane emissions, the company said on June 23.

June 23, 2020

Digital Oilfield , Logistics , Subsea

Cyberhawk Secures Multimillion-dollar Software Contract with Shell

Cyberhawk, the global leader in drone-based inspection and creator of iHawk, a cloud-based asset visualization software, said June 22 that it has secured a five-year, multimillion-dollar software contract with Royal Dutch Shell Plc.

June 22, 2020

Exploration & Production , Digital Oilfield

Bakken Blockchain Pilot’s Success ‘Tip of the Iceberg’

The first industry-wide use of a blockchain native network for produced water haulage in the Bakken demonstrates an opportunity for the entire oil and gas industry.

June 22, 2020

Exploration & Production , Drilling , Digital Oilfield

E&P Tech Trends: Remote 3D Data Capture Service; Virtual Training for Offshore; More

Check out the latest products and services for the upstream oil and gas industry including a remote deployment model by Acoustic Data for a wireless monitoring system to over­come travel restrictions related to COVID-19.

June 19, 2020

Drilling , Digital Oilfield

E&P Digital Solutions: Traditional Models of Operating Are Evolving to Meet Present Demands

A remote operations center enables performance benchmarking and drilling optimization, improving consistency and performance.

June 18, 2020

Digital Oilfield

E&P Digital Solutions: Six Levels of Digital Oilfield Maturity

A true digital oil field delivers operational excellence by providing significant advantages in reporting and analytics.

June 17, 2020