Will Blockchain technologies transform the complex transactions within the industry?
Cryptocurrency tied to oil set to launch JWNFull coverage
An interestng perspective considering the rapid increase in worker productivity we are seeing right now.
Will The ‘Digital Oilfield’ Still Need Roughnecks? Houston Public MediaFull coverage
One of the most important issues for oil producers in the unconventional energy market is future water management and disposal certainty. With news of earthquakes potentially caused by deep-well injection disposal, the liability and expense of trucking water off-site for… Continue Reading →
David Armitage, Cartasite CEO noted during a recent presentation to the Senate Commerce subcommittee, in the past three years the number of barrels of oil produced per worker in the US has increased by over 27%.
The full testimony is available here
Robotics, Automation And The Changing Oil, Gas Workforce
Detechtion is bringing smarts to the edge of the network. At Cartasite we are investing heavily in bulding more intelligent automation and leveraging smart sensors to streamline business process.
Detechtion Extends The First IIoT Edge Device In Oil And Gas To Incorporate Optimization Chemical Online.com (press release)Full coverage
The era of oil is not yet over
With the United States accounting for 80% of the increase in global oil supply to 2025 and maintaining near-term downward pressure on prices, the world’s consumers are not yet ready to say goodbye to the era of oil.
Up until the mid-2020s demand growth remains robust in the New Policies Scenario, but slows markedly thereafter as greater efficiency and fuel switching bring down oil use for passenger vehicles (even though the global car fleet doubles from today to reach 2 billion by 2040).
Powerful impetus from other sectors is enough to keep oil demand on a rising trajectory to 105 mb/d by 2040: oil use to produce petrochemicals is the largest source of growth, closely followed by rising consumption for trucks (fuel-efficiency policies cover 80% of global car sales today, but only 50% of global truck sales), for aviation and for shipping.
Disposal of produced water is the single largest operating expense for most well. In some of the most active and prolific basins in Texas, water disposal is at all time highs. Transporting all of this water is creating significant traffic… Continue Reading →
Intelligent artificial lift systems improve digital oilfield operations WorldOilFull coverage
The domestic oil and gas industry is resilient and resourceful. In the past 20 years, horizontal drilling and hydraulic fracturing technologies opened up resources in the US that have us on a path to energy self sufficiency. That reality that… Continue Reading →
Schlumberger launches advanced digital integration of rock and fluid analysis services Oilfield TechnologyFull coverage
It isn’t just that the industry has gotten incredibly efficient at finding the next barrel of oil. The industry is leveraging IoT technologies to streamline business processes, resulting in dramaitc reductions in production costs.
After two years of declining prices and reduced employment, the oil and gas industry in Texas and across the nation appears to be making a comeback.
It’s coming. Self driving will be here soon!
Called eHighway, there’s now a way to charge trucks as they move on an electrified road near the Ports of L.A. and Long Beach in California.
Industries ranging from health care to refining have been radically changed by the digital revolution. A new initiative has been launched to help accelerate the same digital transformation for the upstream industry, which is facing the most dramatic business challenge… Continue Reading →
Scheduled for November 13-14 in Houston’s Union Station at Minute Maid Park – home field for the Houston Astros – “The Digital Oilfield” will highlight three topics: deployed digital technologies; next-generation disruptive technologies and new business models; and critical… Continue Reading →
BARCELONA — Weatherford International plc joined Intel Corporation at the IoT Solutions World Congress in Barcelona to showcase the collaboration between the oilfield services provider and the technology giant, and to demonstrate the benefits of bringing Internet of Things (IoT)… Continue Reading →
Quorum has acquired WellEz, a provider of cloud-based well lifecycle analytics for the upstream oil and gas industry, allowing the… Link
In this short clip, Dr Peter Black, CEO of EnergySys, looks at the goals of ‘Digital Oilfield’, and whether the concept as we know it, exists or not. His discussion of safety, productivity, and efficiency is a good reminder of… Continue Reading →
Portland, OR — (SBWIRE) — 10/26/2017 — “Global Digital Oilfield Market Research Report 2017″ report entails the qualitative and quantitative analysis of current and future market estimations. It also divulges details about the mode of research methodology used for the… Continue Reading →
Digital is reshaping the field services landscape in oil and gas Oil and gas companies face price pressures, aging infrastructures, and a complex market where speed, precision, and efficiency are paramount. Digital solutions and new ways of working are critical… Continue Reading →
Left to right: Chris DeBuhr, Hanford Deglint, Amin Ghanizadeh, and Chris Clarkson. Digital Research team. Digital technology advances creating an almost unlimited range of possibilities – and risks Industries ranging from health care to oil refining have been radically changed… Continue Reading →
DUBLIN–(BUSINESS WIRE)–The “Analyzing Digital Oilfields” report has been added to Research and Markets’ offering. It is expected that the industry will reach a value of approximately USD 18 billion by the end of 2022. Some analysis suggests that companies can… Continue Reading →
The report has a mention of the market drivers and opportunities. Key players are profiled in the report and their developments in recent years are mentioned, which helps in understanding the competitive outlook of the global Digital Oilfield market. … Continue Reading →
Wireless sensor networks (WSNs) are becoming more widespread and decreasing in cost allowing more more applications in E&P. Dramatic advances in wireless technology over the last five years have transformed the scope and sophistication of safety and process monitoring capabilities… Continue Reading →
Ramanan Krishnamoorti, chief energy officer and principal investigator for the Subsea Systems Institute, says all companies will benefit from collaborating around key issues, including the best way to use massive amounts of data in the exploration and production of oil…. Continue Reading →
10/19/2017 HOUSTON — Industries ranging from health care to refining have been radically changed by the digital revolution. A new initiative has been launched to help accelerate the same digital transformation for the upstream industry, which is facing the most… Continue Reading →
Global Digital Oilfield Solutions Market Supply-Demand, Industry Research and End User Analysis, Outlook 2021 – iCrowdNewswire Global Digital Oilfield Solutions Market research report will help you take informed decisions, understand opportunities, plan effective business strategies, plan new projects, analyse drivers… Continue Reading →
The following article gives a good overview of what defines the digital oilfield. Digital Oilfield Solutions Market Future Market Insights has announced the addition of the “Key Opinion Leader Management Market: Global Industry Analysis and Opportunity Assessment 2015-2025″ report to… Continue Reading →
LONDON, July 17, 2017 /PRNewswire/ — According to Stratistics MRC, the Global Digital Oilfield Solutions market is expected to grow from $28.31 billion in 2016 to reach $40.61 billion by 2022 with a CAGR of 6.1%. Growing exploration & production… Continue Reading →
The upstream industry loves a good dust-up. From crashing oil prices to Saudi over-production, the last two years have tested that tenacity like never before. The scraps have come thick and fast. But where the boom years saw a frenzied… Continue Reading →
[embedded content]The digital digital oilfield of today is dramatically cheaper and different than E&P ten years ago. We are now connecting the dots to improve the whole instead of simply gathering information. The digital oilfield is about applying tradition industrial… Continue Reading →
[embedded content]Smart devices and IoT allows access to visual wealth for oilfield production. ConnectedProduction creates information management systems across the oil and gas production process.
In a prolonged period of low oil prices, relatively high-cost oilsands producers are under more pressure than most to bring down costs to remain competitive. One of the quickest ways available to do that is to digitize the process…. Continue Reading →
DUBLIN–(BUSINESS WIRE)–Research and Markets has announced the addition of the “North America Digital Oilfield Market By Process (Drilling Optimization, Production Optimization, Reservoir Optimization, & Others), By Solution (Instrumentation & Automation Vs. IT Services), Competition Forecast & Opportunities, 2012-2022” report to… Continue Reading →
DUBLIN–(BUSINESS WIRE)–Research and Markets has announced the addition of the “South America Digital Oilfield Market By Process (Drilling Optimization, Production Optimization, Reservoir Optimization, & Others), By Solution (Instrumentation & Automation Vs. IT Services), Competition Forecast & Opportunities, 2012-2022” report to… Continue Reading →
