Volume 26 Number 3


Spotify and the bottom hole assembly

Baker Hughes leverages Word2Vec neural net to build ‘smart’ recommendation engine for drillers.

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Open subsurface data universe updates

CGI announces ‘Pivot’ packaged OSDU offering. Schlumberger - there are NO ‘certified OSDU-compliant’ apps. Gazprom and partner CROC join OSDU. Landmark commits to ‘OSDU-compliant’ DecisionSpace365. Petrosys wells connector on OSDU. Schlumberger delivers ‘first major OSDU deployment’ to Equinor.

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Industry under attack!

Oil IT Journal editor Neil McNaughton reflects on the movement to ‘defund’ oil and gas, on the green transition, the Colonial Pipeline hack and the extraordinary moves afoot at the AAPG-SEG-SPE.

The last couple of months have been amazing. The environmental movement has trounced the oil and gas industry in shareholder meetings and in the hearts and minds of the western world. Regulators over here have announced the end of life of my car for a couple of years out and my oil fired central heating is likewise under threat! I said ‘western world’ advisedly because I am pretty sure that middle eastern producers do not have the same concerns. No more do the Russians if we judge from Rosneft’s plans, as reported in the Financial Times, to build ‘15 new towns to house 400,000 employees’ in support of the giant Vostok oil development.

Objectively, the efforts of the environmental movement to ‘defund’ oil and push the majors into the energy transition will likely drive up the price of green projects, as everyone piles in at the same time. It may also drive the price of oil up, as the cost of capital rises and the social acceptability of oil and gas exploration makes for a reduced exploration playground and a scarcer resource. An oil price rise does assume that demand remains high, which depends on how quickly the world comes out of covid and how fast (or slow) the energy transition goes.

That makes for a lot of imponderables but if I was an investor, I would prefer the upside available in a pure play oil company to the opportunities that may arise from an overcrowded ‘energy transition’ play. I may have been influenced in my thinking by a report from Deloitte that found inter alia that oil ‘still delivers significant value for many. Two-thirds of oil-heavy portfolios deliver above-average performance.’ Deloitte also finds that ‘green’ energy transformation may be neither profitable nor scalable. ‘Of portfolios that have become greener, [only] 9% delivered top quartile financial performance’.

As a lifelong worker in oil and gas, I have to admit some schadenfreude with regard to the difficulty that the energy transition is experiencing. I am not saying that this is a good thing. I try to refrain from the atavistic defense of the oil industry that is evidenced in many LinkedIn comments. In fact, we have been doing our bit for the energy transition in Oil IT Journal for some time. Our first ‘going green’ rubric appeared in 2010. In this issue ‘going green’ weighs-in at over 3,000 words. It is well worth a read to see what is happening, who is doing what, who is posturing and how. There are many carbon capture projects ‘under study’. The US leads the world in the number of CCS projects. Up till now, the driver has been the commercial use of CO2 in enhanced oil recovery. But, as the demise of the Petra Nova project shows, commercial CCS (like shale), needs a high oil price to work. Maybe the updated 45Q tax régime will change this.

Oil and gas had a wakeup call with the Colonial Pipeline ransomware attack. We have covered cybersecurity in oil and gas for at least 15 years. At the 2005 DigitalSecurity event, we reported on the then newish notion of deperimeterization as IT muscled in on the plant, dissing clunky old scada systems. The deperimeterization movement was launched by The Open Group back in 2002 with the formation of the Jericho Forum, with a mission to ‘evangelize the issues, problems, solutions and provide thought-leadership around the emerging business and security issues of deperimeterization’. Ten years later (in 2013), deperimeterization was declared a success, a ‘landmark victory in the evolution of information security’. The Jericho Forum was duly ‘sunset’. Maybe the sun set too soon on Jericho!

I recently read Joseph Menn’s account of the Cult of the Dead Cow, on ‘the original hacking supergroup’ (well I tried, not exactly easy going). In between the rather breathy account of curious personalities, Menn’s account constantly refers to the abysmal security of early versions of Microsoft’s software. Although Cult of the Dead Cow does not cover the process field, one does have to wonder what the contribution of Microsoft’s OLE for process control was in deperimeterization. I’m sure that Microsoft’s security has improved since the early days, but then, so has the acumen of the hacker. For more on the Colonial Pipeline attack and on the latest developments in cyber security read the cyber security round-up in this issue. Another bumper (2,000+ words) edition!

AAPGSEGSPE

I noted that the Society of Exploration Geophysicists (SEG) and the American Association of Petroleum Geologists (AAPG) are to hold joint annual meetings ‘for at least the next five years’. The first combined event, now billed as the International Meeting for Applied Geoscience & Energy, IMAGE ’21 will be held as a ‘hybrid’ online and in-person event in Denver next September. Meanwhile, the AAPG is engaged in discussions with the Society of Petroleum Engineers (SPE) to ‘formally explore’ a merger of the two organizations. To my mind, the geophysics and geology disciplines make more natural partners than engineering. So joining the trade shows is understandable in the context of a diminished industry. But engineering is already such a broad church that adding in geology would make the SPE’s focus even more diffuse. I’m speculating, but the dual collaborations (AAPG & SEG, AAPG & SPE) would seem to herald a hook-up across all three bodies, at least for the annual trade show. If that means more exchange of ideas between the disciplines that’s great. If it means even bigger booths and yet more razzmatazz, maybe not such a good idea.


PPDM at 30

The Professional Petroleum Data Managers Association held an online celebration for its 30th birthday. PPDM luminaries trace the association’s history from the early days when Gulf Canada moved its mainframe Oracle upstream database to a workstation, and opened up the code to third parties. In the 1990s, PPDM saw-off the competing POSC Epicentredata model. Today, PPDM is jockeying for position in the face of new competition from OSDU.

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Oil IT Journal Interviews

Paul de Groot (dBG Earth Sciences) on the OSDU/AI Consortium. Dennis Saussus (Ikon Science ) on the new Curate information management platform.

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‘Lots of brilliant ideas, too bad they don't work’

There are plenty of AI/ML ‘success stories’ in the literature. Milano Poly’s ‘Predicting Lithology using ML’ FORCE presentation is a refreshingly frank account of AI that didn’t work and why.

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2021 Rice University Oil and Gas High Performance Computing Conference

Panel session on next five years of HPC. UT Austin: Optimization of field-scale geological carbon sequestration with IBM’s Bayesian Optimization Accelerator. Fraunhofer automates expert geophysicists’ tasks with machine learning. RocketML’s DeepFusion ML for 3D seismic facies classification. Microsoft/Imperial College London: cloud-native 3D full waveform inversion. Rice’s SEDSI: from raw seismic to geologic model with natural language processing! Total’s GEOSX CO2 sequestration simulator. AquaNRG: cloud-based HPC for digital rock chemistry/physics.

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Software, hardware short takes …

CGG PleXus update. IHS Markit’s Analytics Explorer 6.0, Kingdom 2021. Ikon Science’s Curate, RokDoc & iPoint updates. Liberty’s FracSense. LR updates IP & IC. Emerson Paradigm 19p3. Thermo Scientific PerGeos 3D. Stone Ridge Echelon 2.0. Ubiterra ZoneVu 6.0. Schlumberger’s AI Innovation Factori. ABB’s Hoverguard. GreaseBook integrates with PHDWin. Indeavor: fatigue management for oil and gas. Samcom’s ultra-compact ATEX camera. AspenONE 12.1. Bilfinger BCAP. EoT AI edge controller. T.D. Williamson’s GvML classifier. CX Retail from Dover Fueling. PDI Software invests. BP Price Match.

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2021 Nvidia Global Technology Conference

Chevron: Cloud-native 3D volume visualization with Nvidia Index. Abyss trains flare stack corrosion model on GPUs. C3.ai’s deep learning/graph search parses engineering documents. PCPC Direct serves Petrel from Lenovo RVIZ/Leostream VDI. Halliburton Decision Space 365 on T4 Tensor Core in Azure cloud. Fu2re Smart Solutions ‘Pangea’ DMS for Petrobras. Quantiphi’s TensorFlow estimator for Chevron’s seismic imaging. Beyond Limits’ ‘soft actor critic’ deep learning for field planning. Russia’s Data Analysis Center: ‘Open AI/CUDA beats human interpreters’.

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Folks, facts, orgs …

AAPG, AspenTech, Baringa, Black & Veatch, Blackstone, Cam, Cathedral, GCCSI, Data Gumbo, Diamon Offshore, Energy Institute, E&P Consulting, Equinor, ECB, EVOLEN, Fugro, General Atlantic, Houlihan Lokey, IOGP, Korn Ferry, Kosmos, KP Engineering, Ledcor, Oasis Midstream, MDat Opportune, OGC, Pason Systems, ProPetro, Seadrill, Siemens China, Siemens Digital, Schlumberger, Spectris, SSP Innovations, SPWLA, Stampede Drilling, Specialty Welding & Turnarounds, Hydrographic Society of America, TMC Compressors, Twin Brothers Marine, UN-GGIM, VELO3D.

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Standards stuff …

Energistics ETP v1.2 out soon. WITSML/OSDU rDDMS compatibility. Open Group O-PAS 2.1 ‘milestone’. Emerson integrates Namur Module Type Package. AmsterCHEM releases Python CAPE_OPEN Unit Operation. Digital Twin Consortium announces open source collaboration. ECCMA addresses import substitution industrialization. New CEN/CENELEC EU Strategy on Adaptation to Climate Change. New OGCI CO2 Storage Catalogue. XBRL for EU sustainability reporting. ‘FASB in Focus’ from FASB XBRL explainer.

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Cyber security round-up

A special section on analysis and comment on the Colonial Pipeline hack and on operators’ ‘willful ignorance’. CGG, Gyrodata report cyber incidents. Cyber insurance and advice from Abacode and NIST. Cynet Survey. ABS Group cyber for oil and gas. aeCyberSolutions cyber risk screening. Bayshore Networks OTfuse Lite. ISA’s patch management best practices. EU Cybersecurity Strategy. Giesecke+Devrient’s StarSign Key Fob. Mission Secure’s OT security score. Siemens’ AI security monitor.

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Done deals …

OGCI backs Andium video monitoring. Arria in IPO tangle. Quorum/Aucerna merge, picking up TietoEvry O&G. Bpifrance ups stake in Technip Energies. Cegal bags Envision. EIG leads Aramco Oil Pipelines consortium. Hellman & Friedman takes Enverus stake. AIP investment in Ingersoll Rand pressure pumping. Onpoint merges with CertifiedSafety. Otodata acquires Wise Telemetry. PDI bags GasBuddy. Avisto Capital Partners, Eddye Dreyer and The Resource Group combine into PetroLedger. IHS Markit ‘explores’ OPIS divestment. Insight Partners backs Seeq. Sercel plans LISS acquisition. US Well Services to restate accounts. Whiteley Oliver has acquired Onshore Pipeline Services

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Sales, partnerships, deployments

Over 50 items in this issue covering the whole spectrum of geoscience, production, operations, energy transition to retail. Even Blockchain!

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Going, going … green

SEG invitation for SEAM CCS JIP. Advantage/Allardyce Bower announce ‘Entropy’ CCS JV. Baker Hughes green deals with Bloom Energy, Horisont Energi. New CO2 Storage Resource Catalogue. Carbo Culture’s biosynthesis for CO2 removal. Global CCS Institute on ‘most progressive’ US 45Q tax régime. GCCSI and SIPA Center on Global Energy Policy analysis of technology readiness and costs of CCS. U Houston, Gutierrez Energy Management Institute, ‘CCUS lynchpin for energy transition’. CGG/Geoptic borehole CO2 tracker. Schlumberger’s ‘carbon negative’ energy. NextDecade’s ‘green’ LNG terminal. Esri on methane mapping ambiguity. Oils to trial Scientific Aviation’s SOOFIE methane monitor. Alberta Energy Regulator Qube’s methane leak monitor. Neptune Energy and the Environmental Defense Fund test offshore methane monitors. Chevron takes stake in Baseload/Eavor geothermal projects. CGG signs with dCarbonX. Equinor/SSE Thermal CCS/hydrogen on the Humber. Technip’s BlueH2. DNV on CO2 transport regulations. Black Rock on ESG, big data and the double bottom line. Microsoft/BP ‘turn oil rigs into windmills’ (with deep data and digital twins!). MIT’s climate Action Plan for the Decade. Gaffney Cline on portfolios for the energy transition. Natural Resources Canada launches environmental Open Science and Data Platform. Hexagon’s new R-evolution sustainable business. IEA ‘Net Zero by 2050’ ‘no new fossil projects’. Microsoft ‘AI for Earth’ for Canada. UK OGA updates ESG strategy. ESA/CGG’s SeaScope satellite pollution monitor. Isar Digital Ventures’s Renewables Digital portal. SEG’s new position statement on climate change. Chenière/Shell deliver carbon-neutral LNG to Europe. Venture Global to sequester carbon at LNG export sites. Total/Siemens collaborate on emissions reduction. HOT Energy leads Austrian UEST center of excellence. IDTechEx regrets closure of Petra Nova CCUS.

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2021 Data Amplified Conference

Federal Energy Regulatory Commission retires venerable Visual Fox Pro reporting system in favor of XBRL.

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IOGP’s Normally Unattended Facilities guidelines.

‘Analytics’ to replace offshore personnel. NUF-compatible standards envisaged.

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