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. 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. 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.
“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. headtopics.com
Erik Voorhees Reflects on the Past Decade in Crypto
Shapeshift founder and crypto OG Erik Voorhees reflects on the past decade of development in the crypto industry as part of the ‘CoinDesk Turns 10’ series. ‘Blockchains are proving themselves to be an alternative to the fiat financial system,’ he said. Plus, he shares his outlook for mass adoption in the next decade. Read more >>
Vodafone Group PLC FY Net Pft EUR11.84BBy Adria Calatayud Vodafone Group said Tuesday that it plans to cut 11,000 jobs over three years as part of Chief Executive Margherita Della Valle’s plan to…
Halle Bailey Is a Vision in This Magnificent White Shell-Themed GownAs the Little Mermaid press tour continues, the singer keeps on acing her blue-carpet looks
Wednesday Spins Up Spooky Sounds on a New Purple VinylAcclaimed composer Danny Elfman talks about creating the multifaceted score alongside Chris Bacon for Netflix’s Tim Burton hit.
The Moon Occults Jupiter Wednesday Morning for North AmericaBe sure to set your alarm for early Wednesday morning, as the Moon occults Jupiter in one of the best sky watching events for 2023.
D.C.-area forecast: Warm today with showers possible late, then sunny and cooler WednesdayWatching more showery complications for this weekend.
Jupiter will vanish Wednesday — but then reappear within minutesIf you want to see the largest planet in the solar system disappear and then reappear less than an hour later, grab your binoculars, set them next to your alarm clock and wake up early on Wednesday morning. 🔭