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The Offshore Frontier

Industry seeks new ways to unlock data, drive optimization

More companies turning to AI-enabled and open-source platforms, both to gain insights from available data and to deploy those insights at scale By Stephen Whitfield, Associate Editor The drilling industry is now inundated with more real-time drilling data than ever before, collected through new and existing downhole and surface sensors. However, many organizations have been frustrated in their efforts to realize wide-scale benefits from this plethora of data in terms of improved performance, cost and time savings, often due to the difficulties in sorting and analyzing that data.  To help organizations accelerate the value generation from data, a host of new technologies and platforms have been developed in recent years focusing on real-time data management, remote operations and artificial intelligence ...

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