RED President Steve Hendrickson discusses the need for better and more widely available open-source software in the upstream industry.
Continuous OGI cameras are a clear path forward for the industry to demonstrate ESG leadership and regain its credibility as a responsibly sourced form of energy.
Understanding the pore pressure and geomechanics of a well prior to and during drilling reduces downtime and provides a safer environment for those at the well site. With remote pore pressure and geomechanics services, users can reduce the number of personnel required on site.
A new data analytics modeling tool and a new frac plug technology were among the latest innovations showcased at the recent SPE Hydraulic Fracturing Technology Conference.
The price for the stake Saudi Aramo purchased was “around 1 billion Norwegian crowns,” or about $113 million, an Aker BP spokesperson told Reuters, valuing Cognite at just over $1.5 billion.
"Oil and gas companies that do not embrace advanced data analytics today will soon be left behind as much of the industry has woken up to the tremendous power of data," said Jeffrey Harris, who oversees Quantum's Innovation Fund.
If data are just as valuable as oil, then best-in-class oil and gas companies are defined by how efficiently they extract and move hydrocarbons as well as how efficiently they extract and move well data.
LongPath's Basin-SCAN technology is engineered to reduce emissions by 60-80% within the system coverage area.