AI in Oil & Gas
Hybrid Machine Learning Is the Best Model to Fuel Business Improvement, Revenues Until recently, purely data-driven AI — machine learning, most notably — has been seen as the most attractive enabling new data technology for digitalization across industries, including digital twins deployed by heavy asset industries such as oil and...
The University of Texas was host to possibly the most ironic and ill-conceived protest in history in late October. As reported by the Daily Texan student newspaper: “The UT Center for Enterprise and Policy Analytics at the McCombs School of Business hosted the lecture in the Cockerell School of...
Looking back on 2019, it is amazing how the headlines in the energy world continue to be more of the same, in terms of both achievements and challenges — only more so. In fact, on the day I’m writing this column, one of the headlines is, “US crude oil...
air pollutants
The EPA came out with an online report titled simply “Our Nation’s Air.” It should make all environmentalists smile. It won’t, of course. Too many of the more extreme members of that group today want issues more than they desire real progress. Yet, the data is undeniable; clean air...
The Supervisory Control and Data Acquisition (SCADA) system implies a supremely customizable and configurable set of commercial and industrial software applications. The system can be used to support the management of any process chain in the midstream and downstream oil and gas sectors. The midstream oil and gas sector requires...
ompeting Oil Companies Work Together
Fields in the Permian Basin flow with more oil and natural gas than anywhere else in the world, yet the employees working in them live in a child care desert. Four major competitors — Anadarko Petroleum Corporation, Chevron U.S.A., EOG Resources and Occidental Petroleum — recognized this issue and recently...
Gift-giving can be rewarding, but it can also be stressful. No one wants to make the faux pa of giving an insensitive, unwanted or lame gift to a friend or loved one. However, trying to find a gift within a budget, sending a positive message, and providing usefulness to...
We are still a long way from Nov. 2020, but if one of the Democrat candidates wins the election you are going to need more than President Carter’s cardigan to keep warm. The candidates’ positions on energy and the environment are changing faster than the weather. Of course, Sen. Bernie...
SCOOP/STACK Play – Oklahoma Citizen Energy Operating, LLC announced that it has entered into a merger agreement with Roan Resources, Inc. in an all-cash transaction valued at $1 billion, including Roan's debt. Roan stockholders will receive $1.52 in cash for each share of Roan common stock in the deal. Roan...
operational excellence in oil & gas
Overview of the 2019 Operational Excellence in Oil & Gas Summit The 2019 Operational Excellence in Oil & Gas Summit, hosted by IQPC in Houston, brought together over 300 senior industry leaders to discuss how to develop the culture, systems, and processes of the world's highest reliability organizations. Key Highlights from...