Validere announced a strategic partnership with Razor Energy Corp.
November 16, 2018, 8:07 AM MST
The benefits to be derived from adoption of digital technologies such as artificial intelligence — which have already disrupted many sectors of the economy — are no longer in doubt. Increased productivity and lower labour costs alone that AI could bring to the oil and gas industry is estimated at $200 billion, according to Matt Klukas, a consultant with Criterium Group. But that doesn’t mean the industry is ready to take it on, he said.
November 16, 2018, 3:11 AM MST
Packers Plus Energy Services Inc. has introduced a hydraulic sleeve designed to enable a maximum casing pressure test before activating the sleeve for frac stimulation operations.
November 15, 2018, 7:02 AM MST
We live and work in a three dimensional world, but much of the planning work we do deals in only two dimensions, like computer screens and blueprints. And that can lead to big, and costly, problems for major project developments.
November 15, 2018, 4:16 AM MST
The shared ledger technology made famous, or infamous, by the bitcoin cryptocurrency once believed to be favoured by criminals and speculators is inching its way into the oil and gas industry. And for the company that marked the world’s first freehold royalty transaction using blockchain, the sky is the limit in the digital technology’s potential as it penetrates into all aspects of the industry.
November 14, 2018, 3:44 AM MST