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'Turmoil' in the OSDU Forum

2024-11-06 14:14:27| Oil IT Journal - www.oilit.com

Google's ECIM presentation proposes a 'community implementation' of the OSDU data standard to circumvent CSP-specific implementations which are a 'barrier to progress'. Currently, OSDU maps 'every data type in the world' but comes with 'no functionality'.


Category: Energy and Environment
 

ChatGPT as research assistant

2024-11-06 14:14:27| Oil IT Journal - www.oilit.com

PNAS publication compares GPT3.5 and 4. 'Authoritative hallucinations' may lead to an expanding misinformation ecosystem. But GPT-4 can help with recommendations on 'ethical' statistical protocols.


Category: Energy and Environment
 

OSDU - why no data egress?

2024-11-06 14:14:27| Oil IT Journal - www.oilit.com

Back from the 2024 ECIM data management conference, Oil IT Journal editor Neil McNaughton remains puzzled as to what OSDU is trying to achieve. While OSDU is developing paths for data ingestion to the cloud, data exit and use is conflicted. Whatever happened to the consumption zones? Why is there 'turmoil in the Forum?' He concludes by running OSDU against the DARPA/Heimler 'catechism' for project evaluation ... with underwhelming results.


Category: Energy and Environment
 

Book Review: Sustainable Oil and Gas using Blockchain

2024-11-06 14:14:27| Oil IT Journal - www.oilit.com

Saraji and Chen's substantial work covers a lot of ground. Is blockchain the solution to a sustainable oil and gas industry? Can an 'Oracle' fix the problem of relating digital tokens to emissions?


Category: Energy and Environment
 

27th Annual ECIM data management conference - 'The Data Strikes Back'

2024-11-06 14:14:27| Oil IT Journal - www.oilit.com

Human factors keynote. Microsoft Purview and Shell's information governance. Vär Energi's DIY data platform. Thoughtworks and the data mesh. Panel session on the data 'trilemma'. UFRGS's ontology-driven digital twin. Diskos 2.0. AWS on GenAI and agent-based workflows. Landmark/GeologiQ and the digital twin.


Category: Energy and Environment
 

Regulatory

2024-11-06 14:14:27| Oil IT Journal - www.oilit.com

Shut-in wells, a 'massive' North Sea opportunity. Texas RRC's new waste management rules. Foresight report on Future of UK Subsurface. NSTA's decommissioning benchmarking report.


Category: Energy and Environment
 

North Sea data principles

2024-11-06 14:14:27| Oil IT Journal - www.oilit.com

Cascading quangos promote collaboration, data sharing to advance offshore energy transition.


Category: Energy and Environment
 

Software, hardware short takes

2024-11-06 14:14:27| Oil IT Journal - www.oilit.com

Aquaterra RAF repurposes old wells. Armexa 'IRIS'. New Akselos SPM. Celonis process intelligence for oil and gas. Control Station system health monitor. Beicip EasyTrace 2024.1. SEG-Y QuickView from Troika. Imubit's 'Optimizing Brain'. AI Fault detection in Badley's T7. Iveda VumastAR AI detects oil spills. Kitware interacts with billion point cloud dataset. Kurve exits stealth mode. Ovarro's 'cost-efficient' T-Boxes. New AI Gateway in Eliis' PaleoScan. ResInsight supports cloud services. SLB 'Lumi' LLMs for energy.


Category: Energy and Environment
 

Folks, facts, orgs...

2024-11-06 14:14:27| Oil IT Journal - www.oilit.com

This issue's movers and shakers from :Black + Veatch, Consub, Cognite, Fluor, Foster Findlay Associates, Intelecy, MIT Climate and Sustainability Consortium, Open Geospatial Consortium, SEG, Society for Professional Data Managers, Velo3D, NIST and CloudZero.


Category: Energy and Environment
 

Done deals

2024-11-06 14:14:27| Oil IT Journal - www.oilit.com

Bentley hikes OGC investment. Innovex and Dril-Quip merge. EQT sells IFS stake. CGE merges with eVision. Energy Domain closes series A round. Pelican Energy Partners acquires GSE Solutions. Geospace divvies-up business. Kalibrate bags IMST Corp. Indicor acquires Ovarro. Petrofac's 'comprehensive financial restructure'. Promus/Kvanted back Samp. Seeq closed series D round. SCF Partners acquires Newpark Fluids Systems. ShipTracks buys Oceaneering unit. Siemens' new 'blockchain bond'. Weatherford acquires Datagration.


Category: Energy and Environment
 

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