oil & gas

AI and the Future of Oil

IBM and Galp, a Portuguese energy group with a global footprint, have developed an AI-based advisor to enhance seismic interpretation in the oil and gas exploration area. This tool can facilitate creation of enhanced geological models, risk assessment of new prospects, and optimization of the placement of new oil wells. As global energy consumption increases […]

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Big oil’s next gusher is at the nanoscale

Last year the world consumed almost 97 million barrels of oil per day. What if I told you that many more barrels still remain in those same wells? Deep inside the rock, 60 percent and more of a reservoir’s oil remains trapped in capillaries which are sometimes only tens to hundreds of nanometers wide (For […]

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