6 APPLICATIONS OF MACHINE LEARNING IN OIL AND GAS

| March 4, 2020

article image
The issue of environmental sustainability is a major concern for governments and players from the oil and gas industry worldwide. The negative impacts as a result of activities carried out by oil and gas companies have been a major tool not only for the livelihood and health of people but more so to the environment, such as pollution. The risk of environmental pollution, hazards and severity can be and will be reduced with the use of machine learning and deep learning in the years to come. There has been an amazing application in chemical engineering, process safety, process control tuning, advanced dynamic and process optimization. We can see that the Oil and Gas industry when we talk about software especially machine learning solutions didn’t have any innovation in the last 15 years.

Spotlight

Callahan Chemical Company

Callahan Chemical Company is a family-owned wholesale distributor of specialty and commodity chemicals. We represent a large and ever growing group of suppliers offering chemicals and raw materials for use in a diverse and changing world including: coatings; inks and adhesives; household, institutional and industrial cleaners; cosmetic and personal care products; food and beverage; and pharmaceutical and vitamin products.

OTHER ARTICLES

Can credit trading drive dollars to plastics recovery?

Article | February 18, 2020

An initiative backed by several major brands is looking to boost the flow of corporate money to vetted plastics recovery and recycling projects. The effort is based on a voluntary market-based standard, currently called the Plastic Waste Recovery and Recycling Project Standard, which will lay out broad rules and requirements for projects around the world to meet. Projects meeting the standard could generate credits, which companies would then purchase to help fund the effort. “It’s essentially driving corporation financing through a crediting mechanism to plastic recovery and recycling activities,” said Sneha Balasubramanian, a program officer at Washington, D.C.-based group Verra, which is creating the standard. Verra is a standards development organization that has a focus on climate action and sustainable development.

Read More

Sustainability: A Core Initiative for Collaboration in the Chemical Industry

Article | February 19, 2020

Legislation and pressure from stakeholders are forcing the chemical industry to find efficiencies and urgently seek out ways to reduce environmental impact, such as implementing low-carbon initiatives, maximizing energy and water efficiency and developing new innovative products and processes. Last month’s World Economic Forum added further urgency as shareholders and investment groups added new sustainability criteria to their investment considerations. As the pressure to improve sustainability rises, organizations like SusChem, the European Technology Platform for Sustainable Chemistry, are gaining visibility and traction.

Read More

CHEMICAL SPILL PREVENTION

Article | February 28, 2020

When it comes to your workplace, nothing should be prioritized over the safety of your employees. As your greatest asset to your business, they should feel safe in their work environment. Maintaining a safe work environment is a particularly important consideration for companies who work with or store hazardous materials. And it is not only critical for the appeasement of the Occupational Health and Safety Administration (OSHA) and the Environmental Protection Agency (EPA) requirements but the well-being and safety of your employees. That’s why, in this article, we will discuss chemical spill prevention in your workplace facility.

Read More

The Potential Dangers Of Living Near A Chemical Plant

Article | February 21, 2020

Plant explosion may feel like a familiar news headline to Texans. But why? It's not the case in other areas of the country. Why do explosions seem so prevalent here? A straightforward reason for the unusual number of explosions in Texas is the type of industries that drive its economy. Texas is the nation's leader when it comes to petroleum refining and chemical product production. Refineries and production plants handle volatile chemicals. Without proper monitoring and safety measures, dangerous explosions can result.

Read More

Spotlight

Callahan Chemical Company

Callahan Chemical Company is a family-owned wholesale distributor of specialty and commodity chemicals. We represent a large and ever growing group of suppliers offering chemicals and raw materials for use in a diverse and changing world including: coatings; inks and adhesives; household, institutional and industrial cleaners; cosmetic and personal care products; food and beverage; and pharmaceutical and vitamin products.

Events