As all our readers know, we here at InnovOil love information, data and keeping the world informed about the latest technology and innovation the oil and gas industry has to offer. It was only a matter of time before we dedicated a whole issue to checking out the latest developments in digital and visualisation solutions.
To be fair, the importance of timing is a lesson the industry has had to lear...
InnovOil checks out how field designers and operators can benefit from visualisation solutions
Big data is becoming an increasingly vital part of oil and gas operations. The companies who harness that data to provide insights into operations and gains in efficiency will ultimately succeed in making themselves market-secure for the next generation, despite any changes to oil consumption.
The University of Chicago, Argonne National Laboratory and Fermi National Accelerator Laboratory have formed the Chicago Quantum Exchange and will work together to create an unhackable quantum network.
The network will connect Argonne to Fermi, making it one of the longest quantum networks in the world. The work will be supported by the US Department of Energy (DoE).
By February 2019 DUG will unveil the largest supercomputer in the world, writes Ros Davidson
As profit margins are sharpened, the cost of oil and gas exploration is especially under scrutiny. And time is money, more than ever before. That’s especially the case when processing the increasingly massive datasets produced during geophysical exploration; seismic data processing is simply one of the big...
Data management gets the right information to the right people
As the old saying goes, knowledge is power. Data needs to be used if it’s going to be of any use. A company needs to ensure that any information it has gathered or stored has to get in front of the right pair of eyes in order to deliver the best value.
Old-fashioned storage methods can very easily become isolated within departments, keep...
InnovOil gets the low-down on Tendeka’s new MajiFrac Solution
Hydraulic fracturing has a bad reputation when it comes to the environment. Events such as the recent spate of earthquakes at Cuadrilla’s fracturing site in Lancashire in the UK have put the controversial practice under closer scrutiny.
The amount of water that hydraulic fracturing consumes is another concern. Not only does it pose a ri...
MGX Minerals to extract lithium from wastewater with new treatment system
MGX Minerals’ engineering subsidiary PurLucid Treatment Solutions has shipped its first petrolithium and advanced wastewater treatment system. This system extracts lithium from wastewater produced during oil and gas production.
MGX saw that the mining industry was facing two problems. “One was the rising demand for lithium fr...
Seequent’s purchase of Geosoft promises to create an industry standard offering for 3D geoscience modelling and visualisation software.
Visual data science software developer Seequent has bought geoscience software company Geosoft. Seequent’s work with geoscience and exploration data-driven technology can help a company rapidly create and test models.