5 Ways Artificial Intelligence and Machine Learning Benefit Crude Oil Marketers 2019 September-October Technology 

5 Ways Artificial Intelligence and Machine Learning Benefit Crude Oil Marketers

We all likely remember when supply chain visibility first revolutionized the commodity management industry. We saw early adopters and visionaries experience unprecedented growth, as they now had access to a game-changing technology that optimized their supply chains for the very first time. Now, there are two new technologies primed to change the commodity management game again. Artificial intelligence (AI) and… Read More
Software and Technology’s Effect on Safety, Operations, and Modernization in the Oil and Gas Industry 2019 September-October Software Technology 

Software and Technology’s Effect on Safety, Operations, and Modernization in the Oil and Gas Industry

In today’s society, technology has become the new norm, with many businesses integrating technological software into their operations, regardless of the industry. Technology has proved beneficial to business in terms of improved operations and cost. The oil and gas industry has also been able to improve operations and reduce costs as a result of technological software. As of recent, technology… Read More
Augmented Reality: More than a Game 2019 September-October Technology 

Augmented Reality: More than a Game

There are all kinds of new technologies and up and coming software out there that are capturing our attention daily. It’s exciting to wait in anticipation for what is around the corner, metaphorically and literally, as you watch newscasters video the masses camping out waiting for the newest iPhone to arrive in stores. When you think “new and exciting technology”… 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
Photo courtesy of Gydrodata 2019 July-August Data Exploration & Production Onshore Technology 

The Drilling Industry Reaps the Rewards of Data Analytics

The drilling industry’s push for increased digitalization has been driven by new data formats, innovative software applications as well as an ever-increasing abundance of real-time data. Oil rigs have turned into massive sources of data that help engineers, some of whom work at ROCs (remote operations centers) aid operators in gaining greater yields and less downtime. Oil companies also utilize… Read More
Digital Twin Technology Can Drive Greater Efficiency, Support New Business 2019 July-August Business Technology 

Digital Twin Technology Can Drive Greater Efficiency, Support New Business

Oil and gas industry experts are constantly searching for ways to produce energy more efficiently. And they are seeking methods to improve health and safety in their environments. Digital twin technology, which creates digital replicas of physical resources, is here to help. The industry can apply digital twins to high-fidelity equipment. It also can employ digital twin technology at the… Read More
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