DSDE: In the Industry


Total plans to start a digital factory to tap artificial intelligence in a bid to save hundreds of millions of dollars on exploration and production projects, according to an executive. Behavior-based safety is not a new concept nor is it new at Murphy Oil. But when Murphy launched its Safety Observation Program as a digital tool, it revitalized the way the culture of safety spread throughout the company. New funding for a chatbot technology, or smart assistant, represents the latest development in the Norwegian operator’s drive toward digitalization. A challenging problem of automated history-matching work flows is ensuring that, after applying updates to previous models, the resulting history-matched models remain consistent geologically.

  Industry: Energy > Oil & Gas > Upstream (1.00)
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