Shell Deploys Bluware Interactive Deep Learning Technology to Expedite Subsurface Data Interpretation

Rhea-AI Summary

Bluware Corp has announced the deployment of its proprietary deep learning technology, Pickasso™, by Royal Dutch Shell (NYSE: RDS.A) to enhance seismic interpretation workflows. This collaboration aims to improve efficiency and accuracy in identifying geological features, learning in real-time as users provide feedback. Bluware's Volume Data Store cloud-native environment supports the integration of previous interpretations, reducing storage costs and enhancing data accessibility. Shell's Vice President Gabriel Guerra emphasized the importance of this partnership for streamlining operations in response to growing energy demands.

Positive

• Pickasso™ technology improves the speed and quality of seismic interpretation workflows.
• Real-time learning capability enhances geological feature identification.
• Collaboration strategically aligns with Shell's digital transformation goals.

Negative

• None.

HOUSTON, Aug. 31, 2020 /PRNewswire/ -- Bluware Corp, the digital innovation platform that enables the oil and gas industry to accelerate digital transformation initiatives using deep learning, is pleased to announce the deployment of Pickasso™ proprietary deep learning technology, a custom version of Bluware InteractivAI™, in Royal Dutch Shell PLC (NYSE: RDS.A). Bluware's technology will help Shell to improve quality and speed of seismic interpretation workflows.

The Pickasso application is being utilized by Shell exploration teams to accelerate seismic interpretations and to improve results by assisting users to identify geological features that may have been previously missed or incorrectly interpreted. Pickasso is different from other seismic machine learning tools, because it learns in real-time as interpreters provide feedback and suggest an interpretation on unseen data to deliver more precise and comprehensive deliverables than working alone.

"To meet the growing energy demand, hydrocarbons will remain a part of the energy mix for decades to come. Increasing our technological capacity and deploying digital capabilities are critical to ensure our upstream activities are dynamic and productive," says Gabriel Guerra, Shell Vice President of Exploration Transformation.

"Shell is excited about this partnership with Bluware. We see strong demand, particularly in our deepwater business, to accelerate interpretation cycle times, and Pickasso is an important steppingstone for this," added Guerra.

Additionally, Bluware is supporting Shell to build upon previous interpretations, by enabling the functionality of Pickasso to be used with a previous interpretation completed on either Petrel® or Shell's propriety platform for seismic data interpretation nDI™.

Pickasso and Bluware InteractivAI are powered by Bluware's Volume Data Store (VDS™) cloud-native data environment, which reduces data storage costs and flexibility to access data, enabling the acceleration of detailed interpretation tasks.

"The Bluware team is strategically aligned with Shell's GeoSigns and X-Digi teams to provide modern cloud-based E&P workflows. Our collaboration with Shell on their ambitious digital transformation initiatives will deliver both near-term return on investment and long-term strategic value," says Dan Piette, CEO of Bluware.

Bluware has collaborated with Shell's exploration team since early 2019 to develop Pickasso, keeping a sharp focus on digital transformation and accelerating interpretation workflows.

About Bluware Corp.

Bluware enables oil and gas companies to solve the most challenging objectives in the petrotechnical world. E&P companies use Bluware to achieve previously unthinkable workflows using cloud computing and deep learning for subsurface data applications and workflows. For more information, visit www.bluware.com.

About Royal Dutch Shell plc.

Royal Dutch Shell plc is incorporated in England and Wales, has its headquarters in The Hague and is listed on the London, Amsterdam, and New York stock exchanges. Shell companies have operations in more than 70 countries and territories with businesses including oil and gas exploration and production; production and marketing of liquefied natural gas and gas to liquids; manufacturing, marketing and shipping of oil products and chemicals and renewable energy projects. For further information, visit www.shell.com.

CONTACT:
Alexandra Maxwell
713-335-1500
alexandra.maxwell@bluware.com

 

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SOURCE Bluware Corp.

FAQ

What is Bluware's Pickasso technology deployed by Shell?

Pickasso is a proprietary deep learning technology designed to enhance seismic interpretation workflows for Shell.

How does Pickasso improve seismic interpretation for Shell?

Pickasso accelerates seismic interpretations and assists users in identifying geological features that may have been previously missed or misinterpreted.

When was Bluware's Pickasso technology deployed by Shell?

The deployment was announced on August 31, 2020.

What is the stock symbol for Royal Dutch Shell?

The stock symbol for Royal Dutch Shell is RDS.A.

What benefits does the Bluware and Shell partnership offer?

The partnership enhances interpretation cycle times and aligns with Shell's broader digital transformation initiatives.