Soma Somasundaram, president and CEO of ChampionX, emphasized the advantages of the company’s pending merger with SLB in drilling the incremental barrel, as well as the oilfield services sector’s role in the path to net zero.
In this month’s Tech Trends, which takes place at the 2024 Offshore Technology Conference, new drilling technologies are on display as well as other bits that ensure efficient operations.
Artificial intelligence and the digitization of the oilfield have allowed for several improvements in keeping operators out of harm’s way, panelists said during the 2024 Offshore Technology Conference.
Here’s a roundup of the latest E&P headlines, with a couple fields coming online, as well as new contract awards.
Dominion Energy expects to connect 15 more data centers this year.
TC Energy executives expect data centers in Wisconsin and Virginia to drive as much as 8 Bcf/d of natural gas demand for power generation.
In this month’s Tech Trends, new technologies equipped with artificial intelligence take the forefront, as they assist with safety and seismic fault detection. Also, independent contractor Stena Drilling begins upgrades for their Evolution drillship.
From data extraction to well optimization, the oil and gas industry embraces AI.
At the AI in Oil & Gas Conference in Houston, experts talked up the benefits artificial intelligence can provide to the downstream, midstream and upstream sectors, while assuring the audience humans will still run the show.
Schneider Electric puts sensors in the technology it provides customers, creating the ability to gather data, predict operations and drive efficiency.