#OilmanNEWS Oil and Gas News Technology 

Key Technology Trends in 3D Printing

3D printing has tremendous potential in the oil and gas industry in delivering productivity gains, says GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘3D Printing in Oil & Gas – Thematic Research’, reveals that the technology is expected to gain further market penetration and find new use cases with greater collaboration between industry and technology players in… Read More
Oil and gas companies embracing virtual reality technology to enhance operations, says GlobalData #OilmanNEWS Oil and Gas News Software Technology 

Oil and Gas Companies Embracing Virtual Reality Technology to Enhance Operations

Oil and gas companies are analyzing operational data using virtual reality (VR) to enhance their decision-making capabilities, according to GlobalData, a leading data and analytics company. The company’s latest thematic report, ‘Virtual Reality in Oil & Gas’, explores the different ways in which oil and gas companies are deploying VR technology to fast-track the process of hydrocarbon discovery, well-planning and… Read More
OspreyData #OilmanNEWS Oil and Gas News Press Release Software Technology 

OspreyData Launches Unified Monitor Product, Jetta Operating VP Confirms the Path is Incremental Adoption of Digital Oilfield

HOUSTON – OspreyData, leader in AI-Based Production Optimization solutions for Oil & Gas, announced today that they are launching the Unified Monitor solution, a component of their Production Optimization Platform, as a stand-alone offering to enable consolidated views of SCADA and Artificial Lift feeds in producing oil and gas wells. The Unified Monitor solution enables an oil company to shorten… Read More
VR technology supports oil and gas plant simulation and skill development #OilmanNEWS Oil and Gas News Software Technology Upstream 

VR Technology Supports Oil and Gas Plant Simulation and Skill Development

Following the rapid adoption of virtual reality (VR) technology in consumer markets, the oil and gas industry is witnessing wide-scale deployment of this technology across its value chain, according to GlobalData, a leading data and analytics company. The company’s latest thematic report, ‘Virtual Reality in Oil & Gas’, explores how VR is finding its way into upstream, midstream and downstream… Read More
What You Need To Know Before Starting an ETRM System Implementation Process #OilmanNEWS Oil and Gas News Software Technology 

What You Need To Know Before Starting an ETRM System Implementation Process

Over the last two decades many energy companies that engaged in the purchase and sale of commodities as a matter of course in transacting their day-to-day business elected to implement purpose-built trading and risk management systems. These technology projects were often proven to be more expensive and time consuming than originally anticipated. While a number of factors can and do… Read More
#OilmanNEWS Oil and Gas News Technology 

Turning Data into Intelligent Action

Industrial consumers have more access to data than ever before, but what to do with it? Can advancements in technology really make us better tomorrow than today? This thought-provoking article will introduce a concept to building context into data to ultimately achieve intelligent actions or recommendations from computing systems. While our example will hit home for water treaters, the concept… Read More
Battery issues confront development of electric vehicles #OilmanNEWS Alex Mills Contributors Oil and Gas News Technology 

Battery Issues Confront Development of Electric Vehicles

The automobile industry has searched for several decades for the solutions to the many problems it faces in developing vehicles powered by batteries solely. General Motors (GM) has a long history in trying to develop its EV1 electric car but discontinued that effort in 2003, but continued to offer hybrid vehicles, which operate on battery power with gasoline powered engines… Read More
Stress Engineering #OilmanNEWS Oil and Gas News Press Release Technology 

Stress Engineering Services Receives OTC New Technology Award for its Condition Based Maintenance (CBM) of Drilling Riser Systems

HOUSTON – Stress Engineering Services, Inc., (SES) the global leader in consulting engineering services, has received an OTC Spotlight on New Technology (SONT) Award for its condition based maintenance (CBM) of drilling riser systems. Stress Engineering developed a new process for collecting critical riser data, which utilizes a life cycle condition based monitoring (CBM), maintenance and inspection system that can be… Read More
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