Data volume is exploding — more than 90% of today’s data was created in the last few years, and there is an exponential increase in new types of data, with mobile, social media, video, and the Industrial Internet of Things adding to the growth of seismic, reservoir, drilling, production, and engineering data.

The turn of the 21st century brought about more affordable sensors, field automation and process control technology to the industry.

Analytics is not new to the oil & gas industry. From the early days of seismic acquisition and processing, well log interpretation and reservoir simulation, industry experts have used various techniques up to the limit of existing computer power, to analyze and model data recorded in the field to make better decisions.

Petroleum Data Analytics (PDA) is the application of Artificial Intelligence & Machine Learning in petroleum engineering related problem solving and decision-making. PDA will fully control the future of science and technology in the petroleum industry. It is highly important for the new generation of scientists and petroleum professionals to develop a scientific understanding of this technology.

2020 SPE President Shauna Noonan and 2016 Past President Nathan Meehan present their perspectives and answer live Q&A with student members.

Over the last three years, IBM has made real quantum computers available on the cloud so that clients, students, and researchers can begin to learn and experiment with this new way of computing. We'll cover the basics of quantum computing, review some use cases being considered in industry, talk through what IBM Quantum is doing today, and finally how you and your teams can get onboard to explore rapidly evolving technology.

Presented as part of the Young Member Engagement Committees’ Future Leaders Workshop 2019, this panel session explores the impact of technological developments on young professionals in the industry. Our panel discuss how these changes are influencing all areas of Petroleum production, including downstream, midstream and upstream as well as taking questions from the audience.