IBM, Shell Team Up On Oil Exploration - InformationWeek
IoT
IoT
Software // Operating Systems
News
2/26/2010
02:22 PM
50%
50%
RELATED EVENTS
The Real Impact of a Data Security Breach
Aug 02, 2017
In this webcast, experts discuss the real losses associated with a breach, both in the data center ...Read More>>

IBM, Shell Team Up On Oil Exploration

Big Blue will lend its analytics expertise to Shell's efforts to extend the life of gas and oil fields.

IBM said Friday it struck a deal with Royal Dutch Shell under which it will help the oil and gas giant improve its ability to predict the location of fossil fuel reserves.

The arrangement calls for IBM to lend to shell its expertise in advanced computer analytics, which Shell uses to build mathematical algorithms employed in oil and gas exploration and research.

"This collaboration is remarkable," said Gerald Schotman, executive VP for Shell's Innovation, Research & Development Group, in a statement.

"Two industrial research giants are coming together to solve a very specific, real-world problem and make the most of oil and gas reservoirs. This will not be done through expensive, experimental facilities, but by bringing together a powerful team and powerful computers so we can be smarter than before," said Schotman.

Rather than focus on finding new oil deposits, the collaboration is primarily aimed at helping Shell locate previously untapped reserves in its existing oil fields.

IBM will help by using its supercomputing prowess to automate the reconciliation of different data sets containing information about seismic activity, flow rates, rock formations, and other factors relevant to determining the odds that a particular patch of ground might hold oil or gas.

"Working with Shell is a prime example of the importance of collaborative research in the effort to build a smarter planet," said John Kelly, director of IBM Research.

The Joint Development Agreement between the two companies calls for IBM and Shell research scientists to work together in locations in the U.S. and the Netherlands.

Attend InformationWeek's Virtualization Virtual Event to learn advanced strategies on how a top-to-bottom transformation will increase system availability and ensure better business continuity. It happens Wednesday, March 3. Find out more (registration required).

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
How Enterprises Are Attacking the IT Security Enterprise
How Enterprises Are Attacking the IT Security Enterprise
To learn more about what organizations are doing to tackle attacks and threats we surveyed a group of 300 IT and infosec professionals to find out what their biggest IT security challenges are and what they're doing to defend against today's threats. Download the report to see what they're saying.
Register for InformationWeek Newsletters
White Papers
Current Issue
IT Strategies to Conquer the Cloud
Chances are your organization is adopting cloud computing in one way or another -- or in multiple ways. Understanding the skills you need and how cloud affects IT operations and networking will help you adapt.
Video
Slideshows
Twitter Feed
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.
Flash Poll