Reminders

Smart Oil & Gas

Photo of Chris NivenOffline

Accenture unveiled their latest technology solutions at the grand opening of its first Innovation Center in Houston. This is the first of 10 innovation hubs Accenture plans to open across the country. The idea is to focus on the strengths, culture and experience of the people and the businesses in a geographic region to help create an ecosystem for driving Innovation into strategic industries that leverage the core competencies of the local environment.


Photo of Chris NivenOffline

Accenture unveiled their latest technology solutions at the grand opening of its first Innovation Center in Houston. This is the first of 10 innovation hubs Accenture plans to open across the country. The idea is to focus on the strengths, culture and experience of the people and the businesses in a geographic region to help create an ecosystem for driving Innovation into strategic industries that leverage the core competencies of the local environment. Digital Transformation (DX) is an important IT Initiative for all industries and companies are learning how to be competencies of the local environment.


Offline

As part of GE’s Predix platform, Digital Inspection is developing as a key focus area for Predix’s product roadmap. As part of the focus, GE Digital is releasing Predictive Corrosion Management (PCM). PCM is as its name implies, a system to predicatively manage corrosion of pipes and vessels. In the Oil & Gas space, immense resources are spent planning inspections, manually conducting inspections, and trying to predict corrosive wear.


Photo of Chris NivenOffline

10 Predictions for the Oil & Gas Industry

By Chris Niven

The IDC Energy Insights study presents the IDC Energy Insights analyst team's outlook for 2017, and the 24-months-and-beyond planning horizon, through the lens of the 10 predictions that make up, in IDC Energy Insights' view, the framework for IT and line-of-business decision makers' and influencers' planning and execution of technology-related initiatives in the year ahead.


Photo of Emilie DittonOffline

The IDC Futurescape: Worldwide Mining 2017 Predictions provides mining companies with the top 10 predictions and underlying drivers that we expect to impact mining companies' IT investments in 2017 and beyond. Technology leaders and their counterparts in the line-of-business (LOB) operations can use this study to guide their IT strategic planning efforts. Key themes woven into our worldwide mining top 10 predictions for 2017 include the need for digital transformation (DX), new ways of innovating, more integrated IT and operational technology (OT), business security, and rethinking the future of work. While the predictions offered here largely focus on the near term to midterm (2017–2020), the impact of many of these predictions will be felt for years to come. Most of our predictions refer to a continuum of change within the wider ecosystem of the mining industry and global economy.


Photo of Chris NivenOffline

IBM announced the Watson Data Platform as a tool to help companies gain strategic value in Oil & Gas exploration.


Photo of Chris NivenOffline

MIT is working with oil and gas companies on the next generation of remote underwater vehicle to has created a working prototype of an autonomous underwater vehicles AUV, with the goal of further developing it into a complete functional ROV, untethered for agility, with advanced functionality, and a complete communication system giving the human operator more data, analytics and greater flexibility and control to go where no man has gone before, and literally do what humans cannot deep below the surface.


Photo of Chris NivenOffline

Development costs per well have generally increased from 2006 to 2012, demonstrating the effect of rapid growth and competition for drilling new wells. Since 2012, costs per well have decreased mainly because of; reduced overall drilling activity and improved drilling efficiencies and this trend should continue for the next couple of years as operators focus on operational excellence. https://www.eia.gov/analysis/studies/drilling/pdf/upstream.pdf


Photo of Chris NivenOffline

Infosys (NYSE: INFY) a global Professional Services company recently acquired Noah Consulting, LLC, for their data and information management expertise in the oil and gas industry. This acquisition is intended to provide Infosys with deep oil and gas domain expertise to help solve the problems oil and gas companies face with managing the significant growth, diversity and complexity of various data types in the oil field that is required to generate meaningful analytics and better decision-making.


Photo of Jill FeblowitzOffline

Tackling Asset Management in Oil and Gas

By Jill Feblowitz

Even before the price of crude oil dropped south of $50 per barrel, oil and gas companies were focusing on improving their performance. With uncertainty about where the price will go, there has been a pull back in new capital investment and in exploration. Oil and gas companies are depending on maintaining production from the most profitable existing wells. Instrumentation coupled with software can be used to help producers predict potential critical equipment failure and remedy potential issues before they occur, thus mitigating the risk of unplanned outages. Enter a new offering by GE Measurement & Control and Meridium.



Viewed 668,702 times