Microsoft, Schlumberger, and Chevron have announced a three-party collaboration to deliver innovative petrotechnical and digital technologies
Recently at the SIS Global Forum 2019 event, Microsoft, Schlumberger, and Chevron announced the first three-party collaboration in the industry to accelerate the creation of innovative petrotechnical and digital technologies.
As data is emerging as one of the most valuable assets to any company, extracting insights from it can be difficult since information gets trapped in internal silos. The three companies will be working together to build Azure-native applications in the DELFI* cognitive E&P environment initially for Chevron — which enables companies to process, visualize, interpret, and obtain meaningful insights from multiple data sources.
What is DELFI*? DELFI* is a secure, scalable, and open cloud-based environment providing seamless E&P software technology across exploration, development, production, and midstream.
Chevron and Schlumberger are going to combine their expertise and resources to accelerate the deployment of DELFI solutions in Azure with support and guidance from Microsoft.
“There is an enormous opportunity to bring the latest cloud and AI technology to the energy sector and accelerate the industry’s digital transformation,” said Microsoft CEO Satya Nadella. “Our partnership with Schlumberger and Chevron delivers on this promise, applying the power of Azure to unlock new AI-driven insights that will help address some of the industry’s—the world’s—most important energy challenges, including sustainability.”
These parties will ensure the software developments meet the latest standards in terms of security, performance, release management, and are compatible with the Open Subsurface Data Universe (OSDU) Data Platform. And by building on this foundation, it will amplify the capabilities of Chevron’s petrotechnical experts.
“Combining the expertise of these three global enterprises creates vastly improved and digitally-enabled petrotechnical workflows. Never before has our industry seen a collaboration of this kind, and of this scale. Working together will accelerate faster innovation with better results, marking the beginning of a new era in our industry that will enable us to elevate performance across our industry’s value chain,” explained Schlumberger CEO Olivier Le Peuch.
This collaboration will be completed in three phases starting with the deployment of the Petrotechnical Suite in the DELFI environment. And this will be followed by the development of cloud-native applications on Azure and then the co-innovation of a suite of cognitive computing native capabilities across the E&P value chain tailored to Chevron’s objectives.
“We believe this industry-first advancement will dramatically accelerate the speed with which we can analyze data to generate new exploration opportunities and bring prospects to develop more quickly and with more certainty. It will pull vast quantities of information into a single source amplifying our use of artificial intelligence and high-performance computing built on an open data ecosystem,” added Chevron EVP of technology, projects and services Joseph C. Geagea.