Eni reduces the risk and cost of finding new petroleum fields when it joins with IBM Research to develop a temperature-pressure simulator.
Repsol gains detail and speed in its complex subsurface structure imaging and lowers costs with a system using more accurate seismic algorithms.
Statoil accelerates production using advanced dashboards to consolidate data from offshore platforms and encourage collaborative decision making.
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Chart: Top 5 consumers of oil. Percent of total oil consumption: 24,4% United States. 9,0% China. 6,1% Japan. 3,4% Russia. 3,2% India. Top 5 producers of oil. Percent of total oil production: 12,0% Saudi Arabia. 11,7% Russia. 10,1% United States. 4,6% Iran. 4,3% Mexico. EIA Data 2007, Oil 101, Morgan Downey, Wooden Table Press, 2009
How do you find oil buried in the deepest reservoirs of the earth?
Deep computing. Analytics. Seismic imaging.
Intelligent oilfields around the planet
Since 1955, IBM has been in the oil business. Today, we have five research facilities developing intelligent oilfields: in Calgary, Canada; Stavanger, Norway; Abu Dhabi, United Arab Emirates; Beijing, China; and Moscow, Russia.
Smarter oil exploration
Madrid-based Repsol partnered with IBM and scientists around the world to improve the accuracy of deep sea oil exploration in the Gulf of Mexico by harnessing the most powerful multicore processing technology on the planet for seismic data analysis.
IBM helped Landmark (US), a product service line of Halliburton Energy Services, to integrate silos of basin modeling data, seismic data and, for the first time, rock physics to determine the size and quality of potential oil and gas fields.