Offshore staff
LONDON – Neptune Energy is looking to digital subsurface investments to speed the process of discovering hydrocarbons and advancing them into production.
During a presentation at DigEx 2020, the company revealed how it is working with various partners and vendors to develop new tools to process and interpret seismic data.
Its goals are to reduce administrative/preparation times for the company’s geoscientists, providing them with data-informed insights to help them identify hydrocarbons more efficiently and with greater certainty, in turn lessening the risk of a dry hole well.
In addition, the company is testing new digital workstations supplied by hybrid cloud solutions provider Cegal. These workstations would be hosted on Microsoft Azure’s cloud infrastructure and would use technology from Bluware that is said to allow artificial intelligence and machine learning to interpret large volumes of data.
The resultant global data hub and a platform would permit Neptune’s teams at various locations share and analyze geological data, thereby pooling their resources and experience.
Gro Haatvedt, Neptune’s vice president Exploration & Development, said: “Exploration and drilling is an important part of our strategy to grow our business in key geographies, yet it is expensive and time-consuming.
“Vast amounts of data, often stuck in multiple silos around the world, must be reviewed and interpreted before a single well can be drilled. At the same time, we employ incredibly intelligent geoscientists and exploration teams who have to spend much of their time on administrative work.
“Our digital subsurface approach will provide tools and platforms for our teams to access data quickly, allowing them to focus their time on delivering insights and results.”
Neptune’s chief information officer, Kaveh Pourteymour, added: “Our goal is to make use of digital technologies to find and produce oil and gas faster, with more certainty and safely.
“If we can provide better intelligence and insights on where hydrocarbons reside, we can accelerate their discovery and production and reduce the cost of exploration.”
01/30/2020
