SLB says the new systems reduce costs and provide real-time data for operators.
Halliburton Co. and Sekal AS delivered the well for Equinor on the Norwegian Continental Shelf.
As top E&P players such as BP, Chevron and Shell adopt the use of digital twins, the technology has gone from what engineers thought of as a ‘fad’ to a useful tool to solve business problems and hit long-term goals.
Oklahoma-based Momentum AI says its model helps drillers avoid fracture-driven interactions.
SLB says the new systems reduce costs and provide real-time data for operators.
Halliburton Co. and Sekal AS delivered the well for Equinor on the Norwegian Continental Shelf.
As top E&P players such as BP, Chevron and Shell adopt the use of digital twins, the technology has gone from what engineers thought of as a ‘fad’ to a useful tool to solve business problems and hit long-term goals.
Oklahoma-based Momentum AI says its model helps drillers avoid fracture-driven interactions.
Here’s a roundup of the latest E&P headlines, from a forecast of rising global land rig activity to new contracts.
An abundance of data enables automation that saves time, cuts waste, speeds decision-making and sweetens the bottom line. Of course, there are challenges.
Pioneer Energy’s Emission Control Treater technology reduces emissions and can boost a well’s crude yield by 5% to10%, executives say.
PakEnergy LLC said the combined firm can deliver “unparalleled visibility and control” to well operators.
Halliburton Energy Services and Coterra Energy’s initial rollout of their autonomous hydraulic fracturing technology led to a 17% increase in stage efficiency.
Incremental improvements in drilling technology lead to significant advancements.