When artificial intelligence technology intersects with abundant oil and gas seismic data, the outcome could yield a more accurate depiction of what lies beneath the surface, enabling cash-strapped drillers to better target sweet spots and maximize returns.
It’s all based on algorithms that essentially teach computers how to solve complex problems—in this instance, how to quickly and accurately find subsurface faults that lead to lucrative hydrocarbon discoveries.
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- 20 October 2017, 8:31 amBRISBANE, Australia, Oct. 20, 2017 /PRNewswire/ -- Orocobre Limited (ORE: ASX, ORL: TSX) (Orocobre) is pleased to provide the Notice of Annual General Meeting and Annual Report 2017 to shareholders. The documents are available at the following links: Notice of Meeting: https://g...
- 20 October 2017, 8:00 amLONDON, October 20, 2017 /PRNewswire/ -- The structure of the Chinese steel sector has changed fundamentally over the last 18 months, as supply reform has been pushed through. This will continue to have a significant impact on pricing and profitability of the domestic industry. &n...
- 20 October 2017, 5:00 amLONDON, Oct. 20, 2017 /PRNewswire/ -- Landis+Gyr (LAND.SW), global provider of energy management solutions, today announces the introduction of the next generation of smart meters for electricity and gas. Building on its longstanding presence in the UK metering market, Landis+Gyr has worke...