The Dawn of MEMS Sensors for Directional Drilling
Sensor technology in the oil industry changes infrequently. Improvements in MEMS sensor technology are creating rapid momentum toward the use of tiny, rugged, and inexpensive sensors to replace larger, costlier, and more fragile legacy-technology sensors in directional drilling.
Well Construction Performance Service Bridges Planning-Execution Gap To Boost Efficiency
A new holistic approach to optimizing wellbore economics is bridging the gap between planning and execution and bringing well construction into the digital era to improve data use, enhance collaboration, boost efficiency, and increase safety.
Optimization and Analytics Proving Vital in Everyday Operations
At a recent global meeting of operations research and management sciences professionals in Houston, an ExxonMobil research executive stressed the importance of optimization and data analytics to company operations.
Production-Optimization Strategy Using a Hybrid Genetic Algorithm
The optimization algorithm used in this work is a hybrid genetic algorithm (HGA), which is the combination of GAs with artificial neural networks (ANNs) and evolution strategies (ESs).
Service Focus Changes the Cost per Barrel
During a protracted period of depressed prices in E&P, the customer focus for service companies and suppliers shifts to finding ways to reduce the cost of producing a barrel of oil.
Method for Adaptive Optimization of EOR Performance Under Uncertainty
The authors present a method to reduce uncertainty in EOR performance adaptively while identifying an optimal operational strategy for a given tolerance to risk.
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