oil and gas technology trends

3 Oil and Gas Technology Trends That Are Improving the Industry

In our close collaboration with asset teams, we’ve noticed three oil and gas technology trends, all related to the role of data in helping increase economic returns from hydrocarbon assets. The instrumentation of assets involved in the exploration and production generate significantly greater volumes of detailed geophysical and operational data than ever before. Geoscientists are…

big data analytics in oil and gas industry

How to Optimize Big Data Analytics in the Oil and Gas Industry

Enhanced computing power, wireless technologies, and instrumentation of production assets have fostered the acquisition and generation of ever-greater volumes of data throughout the life of an oilfield. These data can include geophysical, geologic, cellular property models, reservoir simulations, drilling, production, seismic attributes, structure and properties, and well logs. From exploration through decommissioning, nearly every discipline…