Technology

ExxonMobil Corp., whose Permian Basin leasehold holds an estimated 9.5 billion boe resources base across 1.6 million acres, has launched a partnership with Microsoft Corp. to create the largest oil and natural gas acreage ever to use cloud technology.

Schlumberger Ltd. is taking its reservoir technology and combining it with industrial automation and information created by Rockwell Automation to help oil and natural gas customers improve the value of their investments.

With a workforce of about 70,000 employees, many of whom are older and set to retire within the next five years, Secretary Ryan Zinke said the Department of the Interior (DOI) must partner with the natural gas industry in order to get a firmer grasp of emerging technology in the energy sector.

U.S. oil and natural gas executives are looking to incorporate emerging technologies to improve business operations, but they do not expect artificial intelligence (AI) or automation to eliminate jobs, according to KPMG’s 2018 U.S. Energy Outlook Survey.

Helmerich & Payne Inc. (H&P), the largest U.S. land drilling rig contractor, has agreed to buy directional drilling technology expert Motive Drilling Technologies Inc., whose drillbits hone in on unconventional oil and natural gas deposits.

Three Pennsylvania-based companies were awarded $20,000 each this month at the sixth annual Shale Gas Innovation Contest in Pittsburgh for liquefied natural gas (LNG), borehole imaging and pipeline sensor technologies.

The government of Canada and several of the country’s largest natural gas distributors are committing nearly C$2 million toward technology to convert forest industry waste into renewable natural gas (RNG).

In what researchers claim is a “step-change in efficiency,” ExxonMobil Corp. has unveiled an in-line technology to dehydrate natural gas, which could reduce costs for pipeline transport in land-based and offshore operations.

The Environmental Defense Fund (EDF) and San Francisco-based Pacific Gas and Electric Co. (PG&E) this month are claiming to have marked a first nationally in a competition to advance methane detection technology.