JPT Tags

SPE.org 

BP has invested more than $100 million into nine different startup companies in the past 2 years—but only one of them wants to turn your brain into a piece of its software. A new detection and alerting methodology, validated on more than 100 North America onshore wells, blends well information and real-time data to determine a probabilistic belief system. An operator used the system to detect, predict, and alert rig crews to washouts and pump failures. Technologies are being developed that have the potential to support marine mining in all stages from prospection to decommissioning.