We are here for you.
IBM has made a significant investment into the Canadian Petroleum sector – expanding its local team of experts to add even more leaders from the industry – Chemical Engineers and Engineering Upstream Managers, Oil Sands Operators, Mine and Refinery Managers, Asset Experts, and more – who can help you with your capital projects, operations and maintenance, pipeline management, or research – and help transform your industry with disruptive solutions.
We recognize that Oil and Gas industry, like the financial markets in 2008 and Health Care, requires a step change in terms of your operations, and our technology alone is not going to move you there. This is why we’ve brought in experts to help translate your business problems to our technology teams and likewise, who can translate technology into helping you solve your problems—it works both ways.
A digital transformation is reshaping the Oil and Gas industry
The amount of data generated by the energy industry is growing at a rate that is almost unimaginable to humans. We need help dealing with this information. Yet, only 10% of this vast data is actionable by computers, the rest is “dark”.
How do we gain insights from sensors, pictures, videos, e-mails, Tweets? Imagine tapping into 240 years of geological education in seconds. What if you could read every petroleum technology journal ever published in less time than it takes you to drink a cup of coffee?
Cognitive computing will help us outthink risk, and solve the energy industry’s biggest challenges.
How we can help
How we have helped
IBM and Repsol jointly developed two prototype cognitive applications designed to augment strategic decision making in the optimization of oil reservoir production and in the acquisition of new oil fields
IBM helps PotashCorp of Saskatchewan turn a learning content management system into a strategy
Woodside, Australia’s Largest Independent Oil and Gas Company, uses IBM Watson to enhance decision making and increase efficiencies
An Oil and Gas industry producer in Canada improves safety and reliability with insights into equipment failure and preventative maintenance
A Canadian Oil company quickly identifies specific safety risks and interdependencies for all asset-related changes, predicting how each change affects the operations of its production plants to increase safety and reliability
What we are thinking
Cognitive Computing in Oil and Gas
The Oil and Gas industry actively pursues innovation but is challenged by the changing skill sets required, business, technical and regulatory uncertainty, and cost pressures. Cognitive computing helps firms extend beyond these human and current system limitations.
Nanotechnology helps Oil Recovery
IBM Research in Brazil is working on a combined experimental and computational research approach applying nanotechnology to enhance Oil recovery.
The Well as a Patient
Since 2013 Watson Oncology has helped doctors offer cancer patients individualized treatments.
Today IBM is training Watson to help improve the performance of Oil and Gas wells. The patients are now called wells, the doctors are replaced by engineers, and symptoms manifest themselves as corrosion, scale build-up, pressure loss or increase water production. Training Watson to solve hydrocarbon problems is similar to how we trained the technology to help in the field of oncology.