Emerson and QRI to Deliver AI-Based Analytics to the Global Oil and Gas Industry

  Enquiry / contact me

Technology agreement will offer solutions to optimize reservoir management

Emerson and QRI to Deliver AI-Based Analytics to the Global Oil and Gas Industry
Emerson and QRI to Deliver AI-Based Analytics to the Global Oil and Gas Industry

Emerson and Quantum Reservoir Impact announced they have teamed up to develop and market next-generation applications for artificial intelligence (AI)-based analytics and decision-making tools customized for oil and gas exploration and production (E&P). Together, the two E&P software industry leaders will help oil and gas customers embrace digital transformation technologies and harness vast amounts of data to optimize their reservoir management strategies. 

Combining expertise and technology

The collaboration combines the power of Emerson’s global reach and the world’s largest independent E&P software portfolio with QRI’s leading industry expertise in applying augmented AI, machine learning and advanced analytics for asset and reservoir management. “The combination of our technologies and deep E&P expertise in offshore, unconventional and mature fields results in a robust offering that can give customers a significant advantage in the marketplace,” said Steve Santy, president for E&P software at Emerson. “Collaborating with QRI enhances our capabilities to give customers meaningful analytics to maximize production and capital efficiency and for better reserve assessment.”

As part of the ongoing collaboration, the companies will apply advanced computational technologies to help geoscientists and engineers make actionable and reliable field development decisions quickly, mitigating risks and leading to higher productivity and better performance.
 

Posted on March 10, 2020 - (47 views)
Related articles
Replacement of Petroleum-Based Raw Materials With Vegetable Proteins
Smart Safety Valve for Technical Gases
Wireless Level Measurement for Unlimited IoT Projects
Rotork Reinforces the Open Integration Network
Hyperspectral Imaging as Chance to Improve Food Inspection Quality at Automated Food Lines
Digital Process Optimization for Medium-Sized Companies in Industry
Digital Product Pass of Valves and Manifolds
Low-Temperature Proximity Switches
Combining 5G with TSN
More Safety with Top Lockout Procedures and Custom Shadowboards
Handle with CO.RA
The Italian Manufacturer of Rupture Discs
Absolutely Efficient. JUMO dTRANS T09 Cable transmitter for temperature.
SPSConnect: The Digital Automation Hub
Inspiring Sustainable Connections
FLIR GF 77. The Groundbreaking, Affordable OGI Camera
Our Solutions, as Individual as You.
handle with... CO.RA
On-line Turbidity Measurement
Customized Pump Technology. For Life.
Smart Safety Valve for Technical Gases
MODBUS Transmitter With Dual Universal Inputs
Dome Pressure Regulator with Integrated Digital Sensor Technology
Robust Differential Pressure Transmitter
Easy to Install Gas Detection Solution
Flexible Hygienic Tubing
Hermetic Pressure Sensors with High Accuracy
Pressure Sensors in Hydraulic Presses
Wireless Heavy-Duty Transmitter
Sensata Launches New Low Noise Solid State Relays
More Safety with Top Lockout Procedures and Custom Shadowboards
Strenghten Factory Resilience with Unique Solution for Predictive Maintenance
Protect Machines Using Sound, IoT and AI
From Buffalo Mozzarella to Green Energy
Sensor for Easy Condition Monitoring
Flowmeter for the Precise Detection of Media Changeover
Digitalization will be the Number 1 Trend at ADIPEC 2018
Efficient Supply and Transport of Goods
Vial and Bottle Labeller
Spiral Retaining Ring