Shell to use new AI technology in deep sea oil exploration | Inquirer Business

Shell to use new AI technology in deep sea oil exploration

/ 01:16 PM May 17, 2023

NEW YORK  – Shell Plc will use AI-based technology from big-data analytics firm SparkCognition in its deep sea exploration and production to boost offshore oil output, the companies said on Wednesday.

SparkCognition’s AI algorithms will process and analyze large amounts of seismic data in the hunt for new oil reservoirs by Shell, the largest oil producer in the U.S. Gulf of Mexico.

“We are committed to finding new and innovative ways to reinvent our exploration ways of working,” Gabriel Guerra, Shell’s vice president of innovation and performance, said in a statement.

ADVERTISEMENT

The goal is to improve operational efficiency and speed, and increase production and success in exploration. The new process can shorten explorations to less than nine days from nine months, the companies said.

FEATURED STORIES

“Generative AI for seismic imaging can positively disrupt the exploration process and has broad and far-reaching implications,” said Bruce Porter, chief science officer for Austin, Texas-based SparkCognition.

The technology would generate subsurface images using fewer seismic data scans than usual, helping with deep sea preservation, the companies said. Seismic technology sends sound waves to explore subsurface areas.

Fewer seismic surveys accelerate exploration workflow and would save costs in high-performance computing, they added.

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

TAGS: Artificial Intelligence, exploration, Shell

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.