Tech talk. With the 44th ƶijϻ Technology Conference in Houston just on the horizon, OE sought answers to the question, “What emerging technology will have a direct impact on the offshore market?” Our think tank had this to say:
The ability to capture vast amounts of information – what we call ‘big data’ – and turn it into valuable, actionable insights through the use of advanced analytics. Analytics can help offshore E&P companies assess and forecast the performance of wells, facilities, and pipeline systems, improve the efficiency and safety of their operations, and reduce their environmental footprint. It can also provide exploration intelligence on new and potential oil and gas fields and enhance drilling accuracy and production output.
