The Potential of Consensus Blockchain Technology to Mitigate Drilling Uncertainty
Includes a Live Event on 08/12/2020 at 9:30 AM (AST)
The Implementation of Big Data and Machine Learning (ML) processes as part of the Fourth Industrial Revolution (4IR) are already having a significant impact in the Oil & Gas Industry. Where direct access of streaming data to Big Data Systems is possible, the ML Algorithms are able to improve operational efficiency with a corresponding significant reduction in costs. Today the identification and reduction of both Invisible Lost Time (ILT) and Non-Productive Time (NPT) is even more critical than it has ever been in the past as many projects strive to maximise the rate of return on investments...
Future of Petroleum Engineering: Two Perspectives from Two SPE Presidents
2020 SPE President Shauna Noonan and 2016 Past President Nathan Meehan present their perspectives and answer live Q&A with student members. Be sure to check out Shauna's presentation deck under the Handout tab!
Assessing CO2 Storage Potential in the Mid-Atlantic Offshore Region of USA
Recorded On: 06/23/2020
Carbon capture and storage (CCS) is a critical technology for ensuring a range of clean energy options are available to meet future energy demands. Offshore storage can be linked to large point-sources of carbon dioxide (CO2) while avoiding many of the logistical difficulties and potential risks encountered when siting onshore projects, especially in densely populated areas of the East Coast of the United States. The Mid-Atlantic U.S. Offshore Carbon Storage Resource Assessment Project (MAOCSRAP), funded by the US Department of Energy, has completed a systematic carbon storage resource assessment of the mid- and north-Atlantic offshore coastal region to provide a strong technical basis on which future CCS efforts can be built.