Another URTeC has come and gone and we are pleased that so many turned out in our hometown of Denver last week. A big thank you to all that stopped by our booth! Between the wide variety of talks, exhibitor booths, and networking events, attendees had plenty to keep them busy. The PetroDE booth was buzzing with traffic and we enjoyed showing off our latest Green Iguana release. Our visitors loved seeing the latest improvements to the software and also what we are doing with Tracer and Completion data.
Our raffle of Igor, the Green Iguana complete with PetroDE superhero cape, was a big hit. Josh from Tracerco was one of the happy winners!
Data Science and Machine Learning Fun
We found the presentations dedicated to applied Data Science and Machine Learning to be very exciting for the future of the energy industry. The atmosphere at these talks was definitely high energy with lots of good questions and engaging dialog. The speakers presented interesting approaches to subsurface modeling and production predictions. The final panel talked about the challenges of using modern data science in the Oil and Gas domain. Exciting times are ahead! Using Neural Network algorithms, as well as other well-known machine learning algorithms like Random Forest, is an up and coming approach to modeling and optimizing the hydraulic fracturing and well-completion process.
On the exhibit floor, we enjoyed seeing so many new technologies and services being offered in the industry. The Halliburton booth was showcasing Neftex; a Geochronologic exploration tool with plate modelling, sequence stratigraphic interpretations and basin evaluation insights.
Well Data Labs was showing off their unique capabilities with their real-time frac platform creating efficiencies for their clients. If you are not familiar with this group you need to be. They help you manage and analyze your frac data on the fly so you can build reports for your teams in no time at all.
Fracture ID was demoing their high resolution drillbit geomechanical solutions for the crowd. Their cutting edge technology improves your bottom line and is transforming the way the industry works.
Parties – Oh, the Parties!
And, of course, we can’t leave out details on the festivities. Monday night Well Data Labs, Fracture ID and Deep Imaging hosted a swanky rooftop party at the Denver Athletic Club complete with a live band. Impac hosted a great low-key event at Tivoli Brewery. We heard of others but called it a relatively early night to have energy to get through the rest of the week…you know the whole “pace yourselves” concept. On Tuesday night, Schlumberger pulled out all the stops and put on a pretty wild casino night featuring a light show, entertainers on stilts, and blackjack tables abound. If you went to the Viewhouse, you likely choose between the Premier party or the Corva party. Since Corva had the Goonies playing (the notorious Denver 80’s band), I was inclined to show up there.
We can’t wait to see what URTeC 2020 holds for next year. Rumor is that it will be in Austin, TX which should be a really good time too. Until then, Cheers!