Upstream oil and gas companies rely on data to shed light on what can’t be seen. Details about a formation, bit location, flow, composition —...
Continue ReadingAimsio Blog
Topic: Technology
Combating the Sunk Cost Fallacy: When to abandon old tech
Sunk costs. Like the Titanic, except without any loot. Costs that have either already been incurred or cannot be changed are sunk costs. Rent, fuel,...
Continue ReadingHow to Overcome 3 Software Implementation Hurdles
There can be multiple hurdles between choosing a software and successfully implementing one. And the hurdles look different depending on where you’re...
Continue ReadingIs a Cloud-based App Right for Your Business?
Remember CD-ROMs? How about installation procedures that should have started with, “Do you have 6 hours for this?”, and frequent new versions that...
Continue ReadingAI for Business: Is it right for your organization?
Artificial intelligence has found its way into daily life. From Siri and Google Maps, to smart home virtual assistants and cars that parallel-park...
Continue ReadingOil and Gas Technology: Automation, Remote Operation, AI
Exciting changes are happening as upstream companies make the transition from manual processes to digitization and automation. Let’s take a look at...
Continue ReadingIn-house Tech for Efficient Unconventional Wells
As exploration and production steadily increase, operators are challenged to realize profits in the new normal of lower oil prices. Ensign President...
Continue ReadingPermian Basin: Using Technology to Lower Costs
After two consecutive years of significant decline (34 percent in 2015; 39 percent in 2016), the global directional drilling services market...
Continue Reading
Submit a Comment