Tag: O&G

The oil and gas industry is certainly no stranger to innovation—whether it’s successfully drilling in the Gulf of Mexico, or on the opposite spectrum, the desert, or other places previously thought impossible to reach. In more recent times, the focus has been on innovation through digital technology. A World Economic Forum report notes that “as […]

Computer Modelling Group Ltd. (CMG) is an AWS Partner Network (APN) Advanced Technology Partner that delivers a revolutionary cloud solution for the oil and gas industry. Our solution provides engineers with faster simulation runs, giving them time to focus on reservoir and project analysis. In this post, I will introduce you to CMG, the concept of reservoir simulation, […]

Oil and gas operators are feeling the pinch. “Their wells are underperforming, so they can’t get enough oil out of the ground and they are missing financial forecasts,” says Josh Ulla, Chief Development Officer at Deep Imaging. “The scary thing is they often don’t know the root causes of what’s leading to well underperformance.” Analytics […]

In today’s complex, internet-driven consumer marketplace, it’s nearly impossible to purchase goods that haven’t spent some time on a truck. With that kind of reach, the logistics industry has a considerable ripple effect on the environment and on the cost of consumer items. When trucks burn more fuel, they increase global pollution and shipping costs, […]

Today, in the oil and gas industry, if a truck needed to carry 130 barrels of water from one location to another, representatives from both sides would have to sign off on the 130-barrel quantity, the start location, and end location—along with the time and mileage—just to start the commercial payment process from buyers to […]

In 2013, Luther Birdzell formed OAG Analytics to create an AI platform that enables oil and gas companies to use more of their data to help solve critical problems like well spacing. Today, the OAG-Amazon SageMaker integration enables customers to unify their datasets and create proprietary analyses using virtually unlimited compute. READ MORE Click here […]

The Amazon ML Solutions Lab worked with Kinect Energy recently to build a pipeline to predict future energy prices based on machine learning (ML). We created an automated data ingestion and inference pipeline using Amazon SageMaker and AWS Step Functions to automate and schedule energy price prediction. READ MORE Click here to learn more about Energy on AWS

When CEO Josh Churlik co-founded Well Data Labs in 2014, he was acutely aware of a bizarre dichotomy in his industry: For oil and gas companies, “downhole” innovation (that is, what happens underground) far exceeds the pace of data and analysis innovation. The data systems used then were relics of the 1990s – more homages to history […]

Learn how an oil and gas company deployed AWS IoT Analytics to help them better understand their assets in the field, derive actionable insights from their data, and build a predictive maintenance solution to help reduce their costs. READ MORE Click here to learn more about Energy on AWS

Interpreting 3D seismic data correctly helps identify geological features that may hold or trap oil and gas deposits. Amazon SageMaker and Apache MXNet on AWS can automate horizon picking using deep learning techniques. In this post, I use these services to build and train a custom deep-learning model for the interpretation of geological features on 3D seismic data. The […]