Press

The Digital Oilfield Could Be a Step Closer as New Technology Projects Get Support From OGIC

Posted by OilVoice Press - OilVoice

14-Sep-2018


The Oil & Gas Innovation Centre (OGIC) is supporting three new research projects centred on how digitalisation can improve efficiency and provide cost savings to the oil and gas industry.

Three companies have teamed up with Robert Gordon University's (RGU) School of Computing Science and Digital Media to carry out research into the digital transformation of the oilfield.  

Ian Phillips, chief executive officer of OGIC, said: “Digitalisation is key to a sustainable oil and gas industry. Successful automation and integration of a huge range of tasks across many aspects of the exploration and production cycle, are now possible through the ability to rapidly process vast quantities of data in very short periods of time. 

“OGIC is supporting three projects researching new approaches to exploration tasks which will reduce costs and increase efficiency and, ultimately, production in a less labour-intensive way.”

DNV GL, the technical advisor to the global oil and gas industry, is developing an interactive programme extracting and processing information from images of piping and instrumentation diagrams and other types of engineering drawings. This will speed up the collection of data for use in a number of technical applications. Phase one of the project was completed with support from The Data Lab, with phase two being primarily supported by OGIC.  Working with RGU, phase two will build on the methods and algorithms developed by phase one of the project. 

Multidisciplinary data analytics company, ComplyAnts, is working to develop an automated system to manage the compliance process. ComplyAnts selected RGU on the strength of their School of Computing Science and Digital Media research and delivery capabilities. RGU will utilise artificial intelligence to develop an automated system to manage the end-to-end compliance process pipeline. The project aims to deliver a fully functional prototype within twelve months.

Software company, IDS, is working to develop a data-driven tool to predict task durations, associated risk and NPT. This is phase two of the project, phase one, which was supported by The Data Lab, saw the development of a natural language processing (NLP) library which classifies engineering terms within a daily report. These are then mapped to allow benchmarking and data analysis. This will reduce the amount of time it takes engineers to work with offset data.

Mr Phillips added: “RGU's School of Computing Science and Digital Media has a wealth of expertise and its involvement in these three projects is testament to this. Two of the three projects have also received support from another of the Scottish innovation centres, The Data Lab, and they are excellent examples of how the innovation centres can work together to support the development of disruptive technology.”

Dr. Eyad Elyan, a reader in machine learning and the project academic lead at RGU, added: “This is another great opportunity which enables our team to apply cutting edge research in machine learning to solve challenging industrial problems by intelligently mining and exploiting large volumes of structured and unstructured data such as images, text documents and others.

“Such projects have the potential to significantly improve existing business practices and can demonstrate the quality of research and teaching taking place at the university.”

OGICOilfielddigitalTechnology

More items from oilvoice


Husky Energy Provides Update on White Rose

Production remains shut in at the  SeaRose  floating production, storage and offloading (FPSO) vessel with all production wells secure after a period of extreme weather and an oil release late last week. Husky Energy (TSX:HSE) had shut in production at the White Rose field Thursday, November 15 du ...

OilVoice Press - OilVoice


Posted 3 hours agoPress > Husky EnergyTSXWhite Rose +4

Equinor - Ex Dividend Oslo Stock Exchange

From 21 November 2018, the shares in Equinor (OSE: EQNR; NYSE: EQNR) at Oslo Stock Exchange (Oslo Børs) will be traded ex dividend USD 0.23. Record date is 22 November 2018. This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Tradi ...

OilVoice Press - OilVoice


Posted 3 hours agoPress > Equinor EnergyEquinorOSE +1

Gazprom and CNPC Hold 14th Meeting of Joint Coordinating Committee

The 14 th meeting of the Joint Coordinating Committee (JCC) of Gazprom and CNPC moderated by  Vitaly Markelov , Deputy Chairman of the Gazprom Management Committee, and Hou Qijun, Vice President of CNPC, took place today in Guangzhou, People's Republic of China. The meeting participants discussed ...

OilVoice Press - OilVoice


Posted 3 hours agoPress > RussiaChinaSiberia +3

Equinor - Ex Dividend New York Stock Exchange

From 20 November 2018, American Depository Receipts (ADRs) in Equinor (NYSE: EQNR; OSE: EQNR) listed at New York Stock Exchange will be traded ex dividend USD 0.23. Record date is 21 November 2018. This information is subject to the disclosure requirements pursuant to section 5-12 of the No ...

OilVoice Press - OilVoice


Posted 3 hours agoPress > Equinor EnergyEquinorNYSE +1

Translating the Mindset of Peak Oil to Peak Gold

The Mercenary Geologist Mickey Fulp discusses with Maurice Jackson of Proven and Probable how peak oil could inform investment in gold miners. Maurice Jackson: Joining us for a conversation is the Mercenary Geologist, Mickey Fulp. Pleasure to speak with you. Mickey Fulp: Thank you, sir. ...

OilVoice Press - OilVoice


Posted 3 hours agoOpinion > OilPeak OilStreetwise Reports
All posts from oilvoice