Digital Transformation

Drilling Activity generates a significant amount of data. This data is typically captured across a variety of sources such as time and depth series data from geological surveys and drilling operations, unstructured data from End of Well reports, and structured data from internal IT systems. To date, synthesizing this data into a usable format and generating actionable insights has been a challenge. In this talk, we present results from a fielded Gen AI solution that synthesizes data from our historic drilling wells in Romania and provides a natural language interface for drilling experts to interact with. Additionally, it provides recommendations for optimizing well design and performance parameters based on past results. Our goal is to reduce project costs by streamlining information discovery and improve decision accuracy by leveraging data-backed insights.

This first-of-its-kind device addresses reservoir fluid uncertainties and allows the operator to enhance oil and natural gas recovery in wells where current autonomous technologies are limited.

Amazon Web Services, Inc. (AWS) announced five generative artificial intelligence (AI) innovations, so oil and gas organizations of all sizes can build new generative AI applications, enhance employee productivity, and transform their businesses.

PetroVisor has already effectively integrated multi-source production and well testing data from fifty wells, resulting in enhanced production estimates, streamlined back allocation processes, and predictive insights powered by automated Decline Curve Analysis.

As the oil and gas industry strives to cut costs, improve efficiency and reinforce its role in the energy transition, the use of digital twins is becoming more evident in the race to digitize and decarbonize the sector.

Add Energy’s software, AssetVoiceTM, utilizes customizable automated work flows with scannable tags to link the physical asset with its digital imprint, giving assets a voice.

RokDoc 2023.4 significantly streamlines workflows, saving time and enhancing overall usability.

The PulseStar service uses telemetry for remote operations to minimize human interaction and enhances on-bottom drilling time.

Huawei's intelligent E&P solution integrates high-performance computing, massive data storage, AI exploration models, and collaborative scheduling of software and hardware resources.

An open collaboration and digitalization initiative is working to optimize FPSO production throughput and ensure equipment uptime, while reducing carbon footprint at scale.

Akselos' digital twin RB-FEA technology is 1000x faster than legacy simulation solutions and allows for limitless scale and accuracy. This will enable the Enauta team to fully integrate the engineering real-time simulation into a real operational life environment.

SKIDIQ provides a single cloud-based platform for compressor and engine fault code troubleshooting with direct access to the Waukesha E-help manual, enabling operators to quickly identify and resolve issues for reduced downtime and optimized throughput.

The GuideStar service enhances well delivery by increasing the understanding of the centerline wellbore placement and reducing survey time.

Geological evaluation of subsurface is an essential component of formation evaluation that connects well-centric data to reservoir scale. Recent technology breakthroughs in logging-while-drilling (LWD) borehole imaging and advanced surface logging have attracted substantial attention of the energy industry, more so for possible applications in sustainable energy initiatives. Digital innovations have led to development of smart and efficient solutions that can be made available in real-time for strategic decisions as the well gets drilled. Geology while drilling is taking the center stage from picking mineralogy on cuttings to inferring depositional architecture and structural framework with image logs with deep learning workflows and artificial intelligence embedded in the tools. Geothermal, hydrogen exploration and carbon sequestration all can benefit with these digital innovations in geology while drilling.

By connecting Corva’s industry-leading App Store and Dev Center to Nabors universal rig controls and automation platforms – SmartROS® and RigCLOUD® – the players aim to bring a whole new level of intelligence and performance to drilling rigs.

The Intelevate platform from Summit ESP– A Halliburton Service - seamlessly integrates historical engineering and performance data with active operational information to provide a holistic view of an operator’s ESP system.

Exail and Oceaneering reached an agreement, where Oceaneering will purchase its first DriX USV, to support deepwater geophysical and asset inspection operations, including autonomous underwater vehicle (AUV) positioning, and offshore and nearshore surveys.

INEOS Energy will partner with SLB’s Performance Center in Aberdeen to collaborate and innovate subsurface technologies, including AI capabilities, to help it drive operational performance for continued growth, new acquisitions, and carbon capture and storage (CCS). 

Under the agreement, the two companies will develop and provide advanced digital solutions services that address energy industry challenges and help increase operational effectiveness and efficiency.

An advantage unique to MetaBlue is its ability to bring together all the information relating to an offshore seismic survey within a single ecosystem.

The pilot project addresses the need for improved leak detection technologies, with the objective of demonstrating and qualifying Nauticus leak detection technology from autonomous robots for Equinor.