Gazprom Neft and IBM expand joint work on new digital projects

6 june 2018, press release

Within the framework of the St. Petersburg International Economic Forum, Gazprom Neft and IBM agreed on expanding cooperation in new technological projects in on-shore oil production. One of the possible directions is the consideration of joint work on the methodology for the introduction of a Digital Laboratory by Gazprom Neft.

On the basis of the Digital Laboratory, new technologies will be tested to improve the efficiency of geological exploration and production of on-shore oil reserves (software products based on artificial intelligence, predictive analytics, Big Data, industrial IoT, etc.).

“Our company aims to lead in the industrial digital transformation. Together with IBM we will expand the accumulated experience of implementing breakthrough developments in the field of geology and drilling. The use of artificial intelligence in the analysis of large data has proved the possibility of increasing the economic efficiency of our projects through making timely and optimal decisions,” said Vadim Yakovlev, First Deputy General Director of Gazprom Neft.

Experts of Gazprom Neft and IBM have already developed a joint program for the digital management of oil production processes in the on-shore fields. Several projects are underway in the field of automated analysis of the geo-information system, studying geology and predicting complications in the drilling process. The companies are also developing a partnership within the Gazprom Neft Project Management Center, which is designed to maximize the accuracy of forecasting results and shorten the time of major on-shore oil production projects.

“Surveys conducted by the IBM Institute for Business Value among the top managers in the oil and gas industry show that the digital transformation is becoming a key driver in making the businesses more efficient. It allows the companies to remain leaders even in such competitive industries. IBM’s joint projects with Gazprom Neft are a clear demonstration of such approach,” said Andrey Filatov, Country General Manager, IBM in Russia and the CIS.

In 2018, within the framework of the St. Petersburg International Economic Forum, Gazprom Neft and IBM signed an addition to an agreement on strategic cooperation in the field of digital technologies. The document is intended to consolidate plans for long-term cooperation of companies, as well as to prolong the successful experience of previous agreements signed within Saint Petersburg International Economic Forum for 2015-2017.

Tags: digitalisation, technology, production