ThinkOnward’s Post

I'm excited to share that PGS , a leading Norwegian seismic company, has announced an exciting collaboration with Onward, an energy innovation platform, to provide on-demand seismic data interpretation. This partnership enhances PGS ' existing MultiClient and Data OnDemand services, enabling faster and more efficient data interpretation workflows.With this new service, subscribers of PGS ' OnDemand offerings can now access Onward's advanced interpretation capabilities. This integration allows users to unlock the subsurface potential of extensive seismic data sets, leveraging Onward’s technical expertise. Subscribers who engage Onward's services will benefit from a global community of geoscience and data science experts, utilizing industry-leading analysis tools within a cloud-based environment, subject to specific conditions. Nathan Oliver, EVP Sales & Services at PGS , emphasized the company's commitment to innovation: "As our industry evolves, we remain committed to deploying innovative business models and expertise to enhance our clients' decision-making effectiveness and ultimately their success rates."Jeff Allyn, CEO at Onward, added, "Our service, directly linked to PGS ' Data OnDemand, allows our clients to receive high-quality interpretations to accelerate their workflows and enhance decision-making accuracy."This partnership represents a significant step forward in seismic data analysis, offering enhanced tools and expert insights to improve client outcomes. #dataanalysis #energyinnovation #environment #geoscience #jeffallyn #nathanoliver #norway #pgs #seismicdata #seismicinterpretation #subsurface #sustainability

A 10x efficiency gain! An AI-assisted well trajectory planning software has been shown to considerably speed up the process of planning and optimizing wells in mature fields. This Equinor use case will be presented at the Dig X Subsurface conference in March! In addition to Reidar Steinsland's presentation, Norbert Dolle, Mehdi Paydayesh, Alexandra Zaputlyaeva and Justo Matheus are presenting in this session on Subsurface Workflows! 👉🏼 https://lnkd.in/dZeHpV99 SLB ROGII Petoro WhiteSpace Solutions #digitalization #subsurface #workflows

🌟 Did you know? 🌟 #Engineering , exploration, and production data are often unstructured, including final well reports, completion reports, drilling reports, seismic processing reports, and facility management documents. 📊🛠️ At #IrayaEnergies, we use AI-enabled, cloud-native software to gather and transform unstructured data from subsurface and surface facilities. This helps us efficiently and effectively identify and produce the best #energy sources. 💡🌍 Talk to our experts! #UnstructuredData #LargeLanguageModelling #ComputerVision #ElasticDocs #DataAtelier #earth #environment #readtheearthbetter #DataInsights #DataDrivenExploration #DataDrivenDiscovery #InnovateWithIraya #AIForEarthInsights #

We invite the digital subsurface ecosystem to submit abstracts to the Dig X Subsurface conference in Oslo in March 2024. NOTE: The deadline is January 5th 2024 https://lnkd.in/dU625SmG #digex #machinelearning #explorationandproduction #subsurface #advancedanalytics

📢Accessing, visualizing, collaborating, and working up seismic data is about to get a whole lot easier for Shell! PGS has signed a Data OnDemand ☁️ agreement, enabling them to streamline access to seismic data and accelerate workflows like never before - It's what everybody wants right? #nirvana PGS OnDemand services makes this dream a reality and Shell’s exploration teams get a "Freedom to Focus" on the seismic data they need to thrive in a rapidly evolving industry. 👉https://ow.ly/hkab30sA1hJ #energysecurity #energytransition #digitalizationjourney #osdu

Accurate subsurface characterization will play a vital role in meeting energy demands and scaling up low-carbon ventures. Join our next webinar to learn how the Neftex® toolkit is helping geoscientists create their most plausible subsurface evaluations > https://bit.ly/48D5t6a #neftex #ccus #lowcarbon

Seismic data analysis is revolutionizing the landscape of oil exploration, uncovering concealed reservoirs beneath the Earth's surface. As data volumes soar into the petabyte range for individual projects, the necessity for resilient storage solutions becomes paramount. Unified storage systems serve as a linchpin in streamlining analysis processes, catalyzing sharper decision-making and operational efficacy within the fiercely competitive energy sector. Dive deeper into this transformative topic by exploring our latest article, and don't hesitate to share your insights with us in the comments section below: https://bit.ly/3IygPxC

🚀 Well Portfolio Optimization and a 10x Efficiency Gain 🛢️💡 Planning well placements, drilling operations, and performing interventions during a well’s production life involves multi-disciplinary collaboration and integrating different data sets to ultimately facilitate safe operations, maximum production, and reduce costs. In the Subsurface Workflows – Well Portfolio Optimization session at the Dig X Subsurface 2024 conference in Oslo in March, we will explore these types of workflows and their challenges through four talks. 🤖 The session is kicked off by Equinor, which will present a use case in which an AI-assisted well trajectory planning software has been shown to considerably speed up the process of planning and optimizing wells in mature fields. The use case demonstrates a mature NCS asset that has 10 targets, 9 available slots, and 4 well designs, resulting in 3,600 potential combinations. Finding the optimal solutions for combining a slot with a target would require a vast amount of time if done manually. However, as such tasks are exactly what machines are much better at performing than humans, the job was done considerably faster. It is estimated that the AI assistance resulted in more than 10x acceleration of the screening process. The preliminary program can be found on the conference website 👉 Program: https://lnkd.in/dTyQM5rr 👉 Tickets: https://lnkd.in/dJdNf_2d 🗓️ Conference Date: March 5-6, 2024 📍 Location: Scandic Oslo Airport, Gardermoen #digitalization #subsurface #artificialintelligence #machinelearning #generativeai

IT'S ALL ABOUT THE FOUR "M"s: MEASURING, MONITORING & MANAGING the MOLECULE. Assessing and analyzing the ways and means molecules matter in the oil and gas sector is more important than ever. Those molecules are under a range of different pressures: financial, operational, regulatory and sustainability are among the forces at play. Understanding that dynamic from an integrated perspective means better and more timely decision quality. That's why at geoLOGIC systems ltd. we're pretty proud that the version 9.1 release of our geoSCOUT application continues to set new standards for powerful and timely insights creation. Right down to the molecule. Two new features stand out! - The new geoSCOUT IQ module defines new holistic approaches to move seamlessly from macro perspectives to micro insights. It provides a new and unique point of analytical access: users can now start with top-down assessments of individual companies, examining assets, finance, production, and operating data to set the stage for deeper and more granular analysis. - At geoLOGIC systems ltd., we’re known for keeping our clients specifically – and the industry generally – current with key trends and new exploration frontiers. While multi-lateral drilling has been an industry strategy for some time, the next-generation thematic variations are important to track. Now, via geoSCOUT, users can track the number of multilaterals drilled per license, calculate total lateral lengths and normalize production right to the per-metre level to assess how well the well performs. This provides a basis for competitive comparison between different multilateral strategies and systems design. For further details, contact our Solutions team at solutions@geologic.com  Read our news release here: https://lnkd.in/grShzXVs #data #analytics #SAAS #software #analysis Eunice Gitau Verna D'Souza Helen Blough Kyle Kostis Josh Litzenberger Eric Trouillot Faraz Anwer, CPA, CMA Bruce Hancock Alex Renaud Rhonda Gravel Stephen Werny Wendy McAfee

Accurate subsurface characterization will play a vital role in meeting energy demands and scaling up low-carbon ventures. Join our next webinar to learn how the Neftex® toolkit is helping geoscientists create their most plausible subsurface evaluations > https://bit.ly/48D5t6a #neftex #ccus #lowcarbon