Reservoir Management AI-Based Analytics for the Global Oil and Gas Industry

Editor: Ahlam Rais

Emerson and Quantum Reservoir Impact (QRI) have recently announced that they have teamed up to develop and market next-generation applications for artificial intelligence (AI)-based analytics and decision-making tools customised for oil and gas exploration and production (E&P).

Related Vendors

The Emerson and QRI collaboration delivers AI-based analytics for reservoir-driven operational decisions.
The Emerson and QRI collaboration delivers AI-based analytics for reservoir-driven operational decisions.
(Source: Emerson)

Together, the two E&P software industry leaders will help oil and gas customers embrace digital transformation technologies and harness vast amounts of data to optimise their reservoir management strategies.

The collaboration combines the power of Emerson’s global reach and the world’s largest independent E&P software portfolio with QRI’s leading industry expertise in applying augmented AI, machine learning and advanced analytics for asset and reservoir management.

The combination of Emerson technologies and deep E&P expertise in offshore, unconventional and mature fields results in a robust offering that can give customers a significant advantage in the marketplace, states Emerson. Collaborating with QRI enhances the firm’s capabilities to give customers meaningful analytics to maximise production and capital efficiency and for better reserve assessment.

As part of the ongoing collaboration, the companies will apply advanced computational technologies to help geoscientists and engineers make actionable and reliable field development decisions quickly, mitigating risks and leading to higher productivity and better performance.

Specialist Book „Heat Transfer Technique“The comprehensive standard work „Heat Transfer Technique“ offers not only a detailed and well-founded presentation of the basics of heat transfer technique, but also shows the latest state of the art and the latest regulations in the use of organic fluids. Thematically, the book is rounded off with an overview of property data of organic heat transfer fluids as well as many use cases from practical experience.

People, process and data are as important as technology to the success of the solution. QRI’s partnership with Emerson makes for a very powerful team to ensure that its offerings will become a prominent choice in the market, adds QRI. As the industry continues to transform, QRI shares Emerson’s vision of applying state-of-the-art deep learning tools to automate next-generation workflows and offer its customers a rapid means of generating value.

Subscribe to the newsletter now

Don't Miss out on Our Best Content

By clicking on „Subscribe to Newsletter“ I agree to the processing and use of my data according to the consent form (please expand for details) and accept the Terms of Use. For more information, please see our Privacy Policy.

Unfold for details of your consent