Barely 5% of available seismic data is utilized and geoscientists and engineers reportedly spend more than 50% of their time searching and assembling data.
A consortium of Dutch companies launched a petition to support an open-source well database last week. It doesn’t happen often that companies initiate a debate this way.
A recent global machine learning competition resulted in new algorithms that can predict lithology from well logs as good as, or even better than humans.
Old, publicly available seismic data from the NCS is given new life via the use of artificial intelligence and machine learning. A research project has shown that new insights in…
As will be presented during the upcoming #DIGEX2021 conference next month, the NPD has embarked on using machine learning technology to better map NCS petroleum resource potential.