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Post Tagged with: "Automation"

Automation and AI Heading into Offshore Vessels

Automation and AI Heading into Offshore Vessels

Delivering more cost savings for the offshore oil and gas industry

From WorkBoat –  Dr. William J. Pike

In recent years, the oil and gas industry has changed rapidly in response to low oil prices.

Among the most significant changes …

May 10, 2018 - 6:44 pm — Closing Bell Story‎, Energy News, Transportation
Precision Drilling Increased Rig Automation, Exits 2017 with 63 Active Rigs

Precision Drilling Increased Rig Automation, Exits 2017 with 63 Active Rigs

Targets 2018 upgrades to stay below $34 million

Precision Drilling Corporation (ticker: PDS) had fourth quarter 2017 revenues of CDN$347 million, an increase of 15% over Q4 2016. Precision posted a Q4 2017 net loss of CDN$47 million, or (CDN$0.16) …

February 15, 2018 - 3:57 pm — Canada, Closing Bell Story‎, Earnings, Fracing, Oil and Gas 360 Articles, Oilfield Services
Source: SkyX

Drones Monitor Pipelines Faster than Humans

Drone analyzes 100 km of pipeline anomalies in one hour, a task estimated to take one week for human manpower for inspection

SkyX Systems Corporation has developed a drone system and tested it by collecting data in a flight …

December 6, 2017 - 5:03 pm — Closing Bell Story‎, Midstream, Oil and Gas 360 Articles