By utilizing SparkCognition’s AI algorithms, Shell aims to process and analyze extensive seismic data to identify new oil reservoirs in the U.S. Gulf of Mexico, where Shell is the largest oil producer.
“We are dedicated to discovering new and innovative approaches to transform our exploration practices,” stated Gabriel Guerra, Shell’s vice president of innovation and performance.
The objective is to enhance operational efficiency, accelerate processes, and achieve greater success in exploration and production. According to the companies, this new approach could reduce exploration time from nine months to under nine days.
Bruce Porter, Chief Science Officer at SparkCognition, commented, “Generative AI for seismic imaging has the potential to revolutionize the exploration process and yield significant implications.”
The technology will generate subsurface images with fewer seismic data scans, benefiting deep-sea preservation, as seismic technology employs sound waves to examine underground areas.
By conducting fewer seismic surveys, the exploration workflow will be expedited, resulting in cost savings in high-performance computing, the companies added.
Shell Plc plans to leverage AI technology provided by SparkCognition, a big-data analytics company, to enhance offshore oil production in deep-sea exploration, as announced on Wednesday.
By utilizing SparkCognition’s AI algorithms, Shell aims to process and analyze extensive seismic data to identify new oil reservoirs in the U.S. Gulf of Mexico, where Shell is the largest oil producer.
“We are dedicated to discovering new and innovative approaches to transform our exploration practices,” stated Gabriel Guerra, Shell’s vice president of innovation and performance.
The objective is to enhance operational efficiency, accelerate processes, and achieve greater success in exploration and production. According to the companies, this new approach could reduce exploration time from nine months to under nine days.
Bruce Porter, Chief Science Officer at SparkCognition, commented, “Generative AI for seismic imaging has the potential to revolutionize the exploration process and yield significant implications.”
The technology will generate subsurface images with fewer seismic data scans, benefiting deep-sea preservation, as seismic technology employs sound waves to examine underground areas.
By conducting fewer seismic surveys, the exploration workflow will be expedited, resulting in cost savings in high-performance computing, the companies added.