Breaking News

TerraMaster F4-425 Plus and F2-425 Plus Debut TEAMGROUP Unveils the T-FORCE Z54E PCIe 5.0 SSD Samsung Unveils 115” 4K Smart Signage Display Viltrox Launches AF 50mm F1.4 Pro FE LIAN LI Introduces the RB Series PSU with Advanced Cable Management

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map

Search form

ExxonMobil to Use Microsoft's Tech to Increase Permian Oil Profitability

ExxonMobil to Use Microsoft's Tech to Increase Permian Oil Profitability

Enterprise & IT Feb 22,2019 0

Exxon Mobil is partnering with Microsoft to extract data as the oil titan seeks to more than triple shale-oil production in the Permian Basin in less than a decade.

ExxonMobil’s XTO Energy subsidiary will apply Microsoft's technologies – including Dynamics 365, Microsoft Azure, Machine Learning and the Internet of Things – to improve capital efficiency and support Permian production growth by as much as 50,000 oil-equivalent barrels per day by 2025.

ExxonMobil’s partnership with Microsoft includes an integrated cloud environment that collects real-time data from oil field assets spanning hundreds of miles. The data will enable ExxonMobil to make faster and better decisions on drilling optimization, well completions and prioritization of personnel deployment. Importantly, leak detection and repair response times could be further reduced with enhanced access to emissions data.

ExxonMobil’s application of these technologies in its Permian Basin acreage, which covers a 9.5 billion oil-equivalent barrel resource base and more than 1.6 million acres, represents industry’s largest acreage position using cloud technology.

Microsoft’s platforms, including Azure Data Lake, will enable ExxonMobil to rapidly incorporate third-party solutions at scale across the Permian. Examples include mobile field data apps to optimize well performance, and AI algorithms for analyzing drilling and completions data to improve performance.

Tags: MicrosoftMicrosoft azurecloud computingdeep learning
Previous Post
Verizon Wants to Lock Down phones to protect Customers From Identity Theft
Next Post
BMW Group and Daimler AG Invest more than €1 Billion in Mobility Services

Related Posts

  • Snapdragon X Series is the Exclusive Platform to Power the Next Generation of Windows PCs with Copilot+ Today

  • Activision Blizzard King to Team Xbox

  • NVIDIA Studio Lineup Adds RTX-Powered Microsoft Surface Laptop Studio 2

  • Samsung and Microsoft Unveil First On-Device Attestation Solution for Enterprise

  • Introducing Xbox Game Pass Core, Coming This September

  • Announcing the next wave of AI innovation with Microsoft Bing and Edge

  • Microsoft Announces Security Copilot AI

  • Microsoft breaks new ground in healthcare with the next evolution of AI

Latest News

TerraMaster F4-425 Plus and F2-425 Plus Debut
Enterprise & IT

TerraMaster F4-425 Plus and F2-425 Plus Debut

TEAMGROUP Unveils the T-FORCE Z54E PCIe 5.0 SSD
PC components

TEAMGROUP Unveils the T-FORCE Z54E PCIe 5.0 SSD

Samsung Unveils 115” 4K Smart Signage Display
Enterprise & IT

Samsung Unveils 115” 4K Smart Signage Display

Viltrox Launches AF 50mm F1.4 Pro FE
Cameras

Viltrox Launches AF 50mm F1.4 Pro FE

LIAN LI Introduces the RB Series PSU with Advanced Cable Management
PC components

LIAN LI Introduces the RB Series PSU with Advanced Cable Management

Popular Reviews

be quiet! Dark Mount Keyboard

be quiet! Dark Mount Keyboard

Terramaster F8-SSD

Terramaster F8-SSD

be quiet! Light Mount Keyboard

be quiet! Light Mount Keyboard

be quiet! Pure Base 501

be quiet! Pure Base 501

Soundpeats Pop Clip

Soundpeats Pop Clip

Akaso 360 Action camera

Akaso 360 Action camera

Dragon Touch Digital Calendar

Dragon Touch Digital Calendar

Noctua NF-A12x25 G2 fans

Noctua NF-A12x25 G2 fans

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed