How ConocoPhillips Solved its Big Data Problem
Unconventional operators are finally beginning to use to their advantage the nearly endless stream of data they’ve collected over the years. ConocoPhillips explains how it has seen real improvements in its operations by removing data friction and opening up access across typical work silos.
How is Industry Finding the Next Generation of New Technologies?
The process of finding, developing, and testing new technology can be as complicated as the technology itself—especially at a time when operators have little tolerance for risk.
Eliminate Decision Bias in Facilities Planning
The complete paper holds that traditional facilities-planning methodologies, heavily based on design-basis documents and biased toward the most-conservative conditions, fail to recognize the entirety of operational conditions throughout the oilfield life cycle.
Further Technological Advancement, Standardization Needed To Maintain Subsea Viability
Obstacles remain to keeping offshore development competitive with its onshore counterpart. Can the industry advance technology at a pace where the subsea segment will see a resurgence?
Tapping the Value From Big Data Analytics
In a recent GE/Accenture report, surveys show that 81% of senior executives believe that big data analytics is one of the top three corporate priorities for the oil and gas industry through 2018. A striking finding was the sense of urgency felt about implementing data analytics solutions.
Management: Using Big Data Analysis Tools To Understand Bad Hole Sections on the UK Continental Shelf
The big data approach will allow new types of data-driven models to bypass traditional bottlenecks. It is also expected to lead to different views of standard models, thus providing new and valuable insights in the process.
Crossover Technologies Enhance Innovation in Oil Industry
The challenges facing the oil and gas industry require crossover technologies from other industries such as aerospace, automotive, and medicine to help drive efficiency, boost productivity, and optimize performance.
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12 June 2018