Schlumberger, OMV Upstream JV to deploy AI and digital solutions

Schlumberger and OMV Upstream announced an enterprise-wide deployment of AI and digital solutions enabled by the cloud-based DELFI* cognitive E&P environment, across OMV’s global operations.

The five-year agreement will see the two companies collaborate to enhance efficiencies across OMV’s operations and position the company as a digital front-runner in the energy industry.

An extensive pilot deployment of the DELFI environment helped OMV realize operational efficiencies in exploration, field development planning, drilling and well planning. The OMV Upstream subsurface team used AI-enhanced workflows in the DELFI Petrotechnical Suite to automatically create and simulate 200 model realizations in one-sixth of the time. In well planning operations, the DrillPlan* solution helped plan eight wells in the time it would normally take to plan one.

The agreement formalizes the commitment from both companies to progress the industry standard OSDU™ data platform and lays the foundation for further collaboration and innovation for workflows and solutions across the energy spectrum.

Information Source: Read Full Release ..

Press release by: