Schlumberger said Dec. 17 it will work with OMV Upstream to deploy artificial intelligence and digital solutions across the upstream company’s operations as part of a five-year agreement.
The solutions are enabled by the oilfield service company’s cloud-based DELFI cognitive E&P environment software.
“An extensive pilot deployment of the DELFI environment helped OMV realize operational efficiencies in exploration, field development planning, drilling and well planning,” Schlumberger said in a news release.
“The OMV Upstream subsurface team used AI enhanced workflows in the DELFI Petrotechnical Suite to automatically create and simulate 200 model realizations in one-sixth of the time and in well planning operations, the DrillPlan solution helped plan eight wells in the time it would normally take to plan one.”
The agreement formalizes both companies’ commitment to progress the industry standard OSDU data platform while laying the foundation for more collaboration and innovation, Schlumberger said.
Recommended Reading
Energy Transition in Motion (Week of Jan. 31, 2025)
2025-01-31 - Here is a look at some of this week’s renewable energy news, including two more solar farms in Texas.
Geothermal Player Ormat Adds Capacity as Power Demand Rises
2025-02-28 - Ormat aims to grow its installed capacity to between 2.6 and 2.8 gigawatts by the end of 2028, CEO says.
Microsoft Taps EDPR for Solar Power in Illinois, Texas
2025-02-10 - The three solar projects have a combined capacity of 400 megawatts, according to EDP Renewables North America.
Energy Transition in Motion (Week of March 14, 2025)
2025-03-14 - Here is a look at some of this week’s renewable energy news, including a record-breaking year for solar capacity additions.
Solar, Clean Energy Face Headwinds Amid Post-Election Uncertainty
2025-01-22 - With a new Trump administration taking charge, renewable energy, including solar, may face headwinds that stagnate project development or continue it at a slower pace, analysts say.