Oil production in the Permian Basin will rise nearly 3 million barrels per day (mbd) to 5.4 mbd in 2023 with nearly 41,000 new wells and $308 billion in upstream spending between 2018 to 2023 driving that growth. » more
A variety of plastic compounds are available for use as sealing and rider rings in reciprocating compressors; however, these materials have not been developed specifically for use in a reciprocating compressor. » more
Cureton Midstream LLC is using software to provide prescriptive monitoring of its gas processing plant in Weld County, Colo. The plant is designed to cryogenically extract 99% of ethane and 100% of propane from natural gas... » more
Global capital raising activity in the midstream sector totaled $55.9 billion in Q1 2018, a 52% increase from the previous quarter, thanks to increased activity in the Americas. » more
When data scientists are hard to come by, companies can find themselves at a disadvantage with all the operational data at their fingertips. Four tips for getting started with machine learning are highlighted. » more
A machine-learning solution allowed Denver-based Bonanza Creek Energy to monitor data drawn from its SCADA system to detect increasing risk of volatile organic compounds (VOC) or carbon-dioxide emissions. » more
Read about the new technology, products and processes that support production and efficiencies from the wellhead to the refinery.
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IIoT Webcast Series 2018, Webcast Two: The role of connectivity in collaborative projects Thursday, June 14, 2018, at 11 a.m. PT/1 p.m. CT/2 p.m. ET One (1) Certified Professional Development Hour (PDH) for all attendees.
Project management is all about collaboration based on connectivity. But given unlimited capabilities for connectivity among personnel, machines, and systems, what’s too little and what’s too much?
The short answer is that what users want are applications. This may be something as basic as a KPI-based portal that allows them to better track and understand the processes they’re responsible for. Going further, IIoT can support the execution of a plan. It does so by connecting assets for operational visibility and good decision making.
This webcast will look at how engineers develop products, execute projects, and sustain productivity–with support from a cyber-physical world. IIoT supports digital transformation. Going forward, decisions made as to how industrial enterprises, and project managers, can leverage a maturing IIoT market, will have impact.
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