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OFS companies face a variety of challenges. Despite the rise of oil prices since 2021 and production increases, oil price volatility continues to torment the industry. Competitive pressures are accelerating, driven by customers that continue to demand more value for less money. Supply chain issues have slightly abated, but cost increases continue to squeeze the …
Boosting OFS Asset Utilization: It Starts on the Frontline Read More »
How permanent real-time downhole monitoring can reduce HSE risk and intervention costs, all while improving production and reservoir engineering workflows Introduction Technology and its application in the Oil and Gas industry constantly evolve, with advancements improving safety, efficiency, environmental impact, and financial outcomes. At GEO PSI, we are fortunate to be at the forefront of …
Decreasing Well Intervention Risk With Permanent Real-Time Monitoring Read More »
In the energy sector, the term artificial intelligence or “AI” is becoming more and more common, and its potential importance is being examined more than ever. By enabling effective decision-making processes and real-time insights into asset performance, AI technology is starting to change the energy business across North America and beyond. Energy firms can now optimize operations, minimize downtime, …
Energy industry upgrade using artificial intelligence? Read More »
Credit: Oleg Gapeenko via vecteezy.com The aviation sector is one of the modern world’s most crucial industries. It is also one of the largest contributors to carbon emissions. In 2019, domestic and international passenger flights that took off from the United States emitted 179 million metric tons of the greenhouse gas. This makes the U.S. aviation industry …
Is Sustainable Aviation Fuel the Answer to Lower Carbon Emissions? Read More »
By: Jason Chiu In an era of digitization, artificial intelligence (AI) is increasingly prevalent in our daily lives. It’s also reshaping the energy industry by maximising operations and asset performance with advanced analytics. From personalized marketing to surveillance systems, the omnipresence of AI raises profound ethical questions. To ensure a balanced and conscientious approach, the …
Are You Ensuring the Responsible Use of Analytics for Ai-Backed Surveillance Systems? Read More »
How to Lead Your Organization Towards a Geospatial Infrastructure Today’s successful energy leaders know that GIS is not just about making maps. It’s about harnessing location intelligence to drive more informed strategic and operational decisions. Are you leveraging GIS effectively in your business? Matthew Lewin with Esri Canada (author of Geospatial Strategy Essentials for Managers) …
By Leonard Herchen and Yuchen Wang Overview Surprisingly to many analysists, including this one, US production has continued to grow despite land restrictions from the US federal government, moderate capital restraint and the reported arrival of Tier 2 development locations as the marginal barrel in the Permian. US crude production hit a record high while …
Us Oil Production Still Strong as Financial Markets Surge – GLJ Read More »
