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Enverus and RS Energy Group Combine Forces

A new press release reports, “Enverus, a leading energy SaaS and data analytics company, announces today that it has acquired RS Energy Group (RSEG), an innovative technology firm focused in the upstream oil & gas industry. The acquisition combines the companies’ complementary strengths to accelerate technology, machine learning and advanced analytics across the energy market. […]

IBM, NVIDIA, Stone Ridge Technology Set Record in High Performance Computing in Oil & Gas

by Angela Guess According to a new press release, “IBM and Stone Ridge Technology today announced a performance milestone in reservoir simulation designed to help improve efficiency and lower the cost of production. Working with NVIDIA, the companies shattered previous published results using one-tenth the power and 1/100th of the space. The news demonstrates the […]

Oil and Gas, Sustainability, and Cognitive Computing

by Angela Guess Steve Callahan and Sandipan Sarkar of IBM recently wrote in Forbes, “Around the world, sustainability is increasingly being adopted as a social objective and a political need. Though approaches and pace differ from region to region, nearly every nation starting to focus on making electric supply more sustainable. How sustainability is embraced […]