Oil Gas Technology’s Post

💡 Imagine a future where machine learning models are easily scaled and replicated across multiple assets in oil pipelines - from pumping units to motors. This isn't a distant dream; it's a reality we're making possible today. With the power of templating and reducing lead time, we can streamline the deployment of trained ML models, accelerating the digital transformation journey for oil and gas companies.🚀 The benefits? Increased operational efficiency, reduced downtime, and improved asset performance lead to significant cost savings. But that's not all. This approach also makes it easier to leverage advanced analytics, unlock valuable insights from data, and make informed decisions faster. Real-world example? A leading oil company utilized this approach and saw a 20% reduction in downtime, improved asset utilization by 15% and saved millions in operational costs. The future of industrial manufacturing is here, and it is digital. Are you ready to ride the wave of digital transformation and unlock the power of your data? 🌊 Let's connect to discuss how we can make this happen for your operations. #DigitalTransformation #MachineLearning #OilandGas #Industry40

Want to get more value out of your digital twin implementation? Maybe you need to think more broadly about how you apply it, argues Romesh Mahajan, Product Line Manager for Digital Twin at Shell.     Many oil and gas companies have been using digital twins, the bits and bytes version of a physical asset or process, for years for a variety of reasons: improving asset management, increasing visibility into the supply chain and its risks, modelling and visualizing structures and products, visualizing processes.    Read and learn as Romesh Mahajan discusses Shells digital journey since 2017 and how they were able to utilise new technologies bringing predictive maintenance, modeling, and simulation! Access interview: https://lnkd.in/eghkecSt #digitaltwin #businessvalue #oilandgas #interview #oilandgasiq 

Read this article to find out why #upstream leaders who strategically integrate technology and #data analytics into operations will propel their organizations toward a more productive, prosperous future!

Read this article to find out why #upstream leaders who strategically integrate technology and #data analytics into operations will propel their organizations toward a more productive, prosperous future!

Join Weatherford for an informative panel discussion exploring how GEN AI in oil and gas is reshaping the industry. Hear from subject-matter experts as they delve into practical perspectives about real-world applications, SCADA production and drilling management domains, and compliance in a world with GEN AI. Register now. https://lnkd.in/gM9TN-cY #SCADA #DeepIQ #AWS #GenAI #AI

Integrated Production System Modelling (IPSM) is not a new concept, but advancements in digital solutions, machine learning, artificial intelligence (AI), and supercomputing are helping #IPSM technology to optimize and deliver opportunities to the energy sector that didn’t exist before. At a high level, IPSM facilitates cooperative gathering, analysis, and organization of data to derive insights and a holistic view of an entire asset. Insights are used to optimize performance of the asset, which in turn enables energy companies to enhance operational efficiency and explore new business opportunities. And the most important part is that traditionally siloed teams (surface and subsurface) can become one. To dive deeper, we hosted a roundtable discussion on the topic with leading industry experts, including: David Reid, Senior Vice President, Subsurface and Development Deepwater, Shell Justin L., Technical Manager, Enterprise AI, Chevron Roberto Motta Gomes, Reservoir Manager, Petrobras Pramod Jain, CEO, Computer Modelling Group (CMG) Learn more about the IPSM Imperative ➡️ https://lnkd.in/gVW2VR7C

“The acceleration of innovation is bound to happen as oil and gas companies increasingly leverage new technologies. This could be seen in a sense of a Microsoft co-pilot integration, where it could speed up PowerPoints and document creation,” Knott added. “Having a technology like this not only expedites the creation of presentations and documents but also revolutionizes data queries, signaling a dynamic shift towards efficiency and advanced automation in the industry.” https://buff.ly/46TVGb7

SLB and Aker BP ASA are joining forces to revolutionize energy operations with a new, AI-driven digital platform. This platform will build upon SLB's Delfi™ digital platform, known for its advanced cloud-based solutions. What does this partnership entail? 💡 The platform will leverage artificial intelligence to facilitate faster, more accurate operational decisions 💡 It combines cutting-edge AI with deep industry knowledge to optimise production and safety 💡 Combining SLB's technological expertise with Aker BP’s operational insights, this platform is set to deliver transformative solutions This collaboration marks a significant milestone in leveraging technology to drive sustainable and efficient energy practices. Read more about it on Energy Connects. #EnergyConnects #energynews #energyindustry #news #oott #digitaltransformation

Tailored for oil and gas extraction, production, and distribution operations, MSAI Cloud is a unique AI-powered solution for streamlining asset reliability, safety, and operations for Oil and Gas organizations. MSAI Cloud is a comprehensive continuous monitoring solution, combining AI-powered software with data from infrared, visible, and acoustic imaging, alongside vibration sensing, to anticipate and identify maintenance needs, safety concerns, and fugitive emissions. MultiSensor AI's solutions have been demonstrated to significantly decrease unplanned downtime and inefficiencies, enhance output yields, mitigate safety concerns, and help ensure compliance with environmental regulations. Click the below to schedule your free demo! https://bit.ly/3vUgxyr #AWS #AWSPartners #Oil&Gas

🌐 Exciting Developments in the Oil & Gas Industry 🛢️📊 🚀The #energy_sector is undergoing a monumental shift as we integrate the power of data science into the heart of oil and gas operations. 💡 Let's explore the cutting-edge advancements that are setting the stage for a smarter, more efficient future : 1️⃣ #Advanced_Analytics : Leveraging the prowess of machine learning and AI, we're fine-tuning drilling processes to new levels of precision. By predicting equipment failures before they happen, we're drastically reducing downtime and boosting output. This proactive approach to maintenance is revolutionizing the way we manage our resources. 2️⃣ #Digital_Twins: Imagine having a complete virtual replica of an oil field at your fingertips. Digital Twins are now enabling us to monitor assets in real-time, make informed decisions swiftly, and predict future scenarios with greater accuracy. This virtual foresight is a game-changer for risk mitigation and strategic planning. 3️⃣ #Digital_Field_Development_Plans: These comprehensive platforms are redefining field management. Integrating all aspects of an oil field's lifecycle, from drilling to decommissioning, they provide a holistic view that ensures optimal resource allocation and energy production efficiency. 👉 As we stand at the crossroads of data science and energy, it's clear that our collaborative efforts are fueling an era of unprecedented innovation. 🌱 We are not just adapting to change – we are the catalysts, driving positive transformation across the industry. 🤝 The future is bright, and the horizons are limitless. Let's continue to push the boundaries and innovate towards a greener and more enduring landscape. #OilAndGas #DataScience #Innovation #EnergySector #DigitalTransformation #AI