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Production optimization directly improves oilfield profitability by increasing sustained oil and gas output from existing wells, reducing lifting costs, accelerating cash flow, and lowering emissions ...

Schlumberger Ltd. SLB announced that it has formed a joint venture (JV) with HEAL Systems, previously Production Plus Energy Services Inc. The JV is related to the development of the company’s ...

ADNOC has partnered with SLB and Cognite to deploy an AI-powered production optimization platform across its upstream operations, aiming to boost productivity and streamline decision-making as part of ...

Of the total number of wells globally to use artificial lift, 40% employ sucker rod pumps. Pump optimization generally follows established rules of thumb. More advanced pump features, such as pump off ...

Several field cases show how Shell Group’s use of software for monitoring and optimizing production has reduced decline rates. Software data-driven well models allow prediction of changes to overall ...

Purpose: Prepare an FPSO to sustain safe, high-value production by configuring people, processes, equipment, and control systems so the asset can operate at its true constraints, not perceived ...

NVIDIA (NASDAQ:NVDA) revealed that Taiwan Semiconductor Manufacturing Co. (NYSE:TSM) is deploying a range of its artificial ...