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PRODML
PRODML is a family of XML and Web Services based upstream oil and natural gas industry standards from Energistics and its PRODML Special Interest Group (PRODML SIG). PRODML Standards support automated production data acquisition, operations monitoring, optimization, reporting, and configuration management business processes. PRODML-based interactions are used by production software components, including field data historians, surveillance applications, model analysis and management applications, optimization applications, simulation applications, etc. The PRODML initiative was started in 2005 by five energy companies: BP, Chevron Corporation, Chevron, ExxonMobil, Royal Dutch Shell, Shell, and Statoil, joined by eight supplier companies: Halliburton, Invensys, Kongsberg Gruppen, OSIsoft, Petroleum Experts, Schlumberger, Tieto, and Weatherford International, Weatherford as well as Energistics. PRODML Standards evolved from the Energistics family of standards for drilling, completio ...
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Energistics
Energistics is a global, non-profit, consortium, industry consortium that facilitates an inclusive user community for the development, adoption and maintenance of collaborative, open standardization, standards for the energy industry in general and specifically for Hydrocarbon exploration, oil and gas exploration and production. Overview The Open_standard, open standards that Energistics encourages the industry to use deliver business value to the upstream oil and natural gas industry through business process efficiencies across the entire exploration and production life cycle. Energistics is a membership organization. The work of the consortium concentrates on helping upstream oil and natural gas companies through the development, support, and promotion of standards that address data definition, handling, storage, and exchange in the context of technology, computing, communications, and business processes. Regions Regions are a means of building local Energistics communities a ...
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RESQML
Energistics is a global, non-profit, industry consortium that facilitates an inclusive user community for the development, adoption and maintenance of collaborative, open standards for the energy industry in general and specifically for oil and gas exploration and production. Overview The open standards that Energistics encourages the industry to use deliver business value to the upstream oil and natural gas industry through business process efficiencies across the entire exploration and production life cycle. Energistics is a membership organization. The work of the consortium concentrates on helping upstream oil and natural gas companies through the development, support, and promotion of standards that address data definition, handling, storage, and exchange in the context of technology, computing, communications, and business processes. Regions Regions are a means of building local Energistics communities around the world, with local activities and events. There are eight re ...
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EnergyML
Energistics is a global, non-profit, industry consortium that facilitates an inclusive user community for the development, adoption and maintenance of collaborative, open standards for the energy industry in general and specifically for oil and gas exploration and production. Overview The open standards that Energistics encourages the industry to use deliver business value to the upstream oil and natural gas industry through business process efficiencies across the entire exploration and production life cycle. Energistics is a membership organization. The work of the consortium concentrates on helping upstream oil and natural gas companies through the development, support, and promotion of standards that address data definition, handling, storage, and exchange in the context of technology, computing, communications, and business processes. Regions Regions are a means of building local Energistics communities around the world, with local activities and events. There are eigh ...
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WITSML
{{Short description, Web development language WITSML is a standard for transmitting technical data between organisations in the petroleum industry. It continues to be developed by an Energistics facilitated Special Interest Group to develop XML standards for drilling, completions, and interventions data exchange. Organizations for which WITSML is targeted include energy companies, service companies, drilling contractors, application vendors and regulatory agencies. A modern drilling rig or offshore platform uses a diverse array of specialist contractors, each of whom need to communicate data to the oil company operating the rig, and to each other. Historically this was done with serial transfer of ASCII data. Purpose The drilling, completions, and interventions functions of the upstream oil and natural gas industry need universally available standards to facilitate the free flow of technical data across networks between oil companies, service companies, drilling contractors, applic ...
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Schlumberger
Schlumberger (), doing business as SLB, is a global multinational oilfield services company. Founded in France in 1926, the company is now incorporated as Schlumberger NV in Willemstad, Curaçao, with principal executive offices in Houston, Texas. As of 2022, it is both the world's largest offshore drilling company and the world's largest offshore drilling contractor by revenue. Also known as Schlumberger Limited, the company trades on the New York Stock Exchange, Euronext Paris, the London Stock Exchange and SIX Swiss Exchange. In 2022, the Forbes Global 2000 ranked Schlumberger the 349th largest company in the world. History Schlumberger was founded in 1926 in Paris as the Electric Prospecting Company () by two brothers Conrad and Marcel Schlumberger from Alsace. Schlumberger supplies the petroleum industry with services such as seismic data processing, formation evaluation, well testing and directional drilling, well cementing and stimulation, artificial li ...
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Petroleum Production
The petroleum industry, also known as the oil industry, includes the global processes of exploration, extraction, refining, transportation (often by oil tankers and pipelines), and marketing of petroleum products. The largest volume products of the industry are fuel oil and gasoline (petrol). Petroleum is also the raw material for many chemical products, including pharmaceuticals, solvents, fertilizers, pesticides, synthetic fragrances, and plastics. The industry is usually divided into three major components: upstream, midstream, and downstream. Upstream regards exploration and extraction of crude oil, midstream encompasses transportation and storage of crude, and downstream concerns refining crude oil into various end products. Petroleum is vital to many industries, and is necessary for the maintenance of industrial civilization in its current configuration, making it a critical concern for many nations. Oil accounts for a large percentage of the world's ener ...
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Weatherford International
Weatherford International plc is an American multinational oilfield service company, headquartered in the US and operating in 75 countries globally across the oil and natural gas producing regions. The company provides technical equipment and services used for drilling, evaluation, completion, production, and intervention on gas and oil wells. History Weatherford International was established in 1987. The company'sFundingUnivers.com, Weatherford International: Company History roots date back to 1941 when Jesse E. Hall Sr. founded the Weatherford Spring Company in Weatherford, Texas. Weatherford today consists of the consolidation of more than 300 acquisitions since its establishment. It was initially called Energy Ventures, then EVI (1990), and finally Weatherford International (1998). Energy Ventures (an E&P company that had been created in 1972) was publicly traded (OTC: ENGY) with a small market capitalization of about US$15 million. Bernard J. Duroc-Danner was hire ...
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Tieto
Tietoevry Corporation (natively Tietoevry Oyj, Tieto prior to June 2019) is a Finnish IT software and service company providing IT and product engineering services. Tietoevry is domiciled in Espoo, Finland, and the company's shares are listed on the NASDAQ OMX Helsinki, NASDAQ OMX Stockholm and Oslo Stock Exchange. Tietoevry has approximately 24,000 employees across 20 countries, and has customers in the energy, forestry, banking, healthcare and public sectors. In June 2019, Tieto paid EUR 1.2 billion for the acquisition of similar-sized IT company Evry, EVRY. The intention was to expand on the Nordic countries, Nordic market. The new company would be named TietoEVRY, have over 24.000 employees and generate a projected revenue of over EUR 3 billion for the fiscal year 2020. At the end of 2015, the number of full-time employees was over 13,000 in more than 20 countries. 28% are located in Finland, 19% in Sweden, 17% in India, 15% in Czech Republic, 5% in Latvia, and the rest spr ...
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Petroleum Experts
Petroleum, also known as crude oil or simply oil, is a naturally occurring, yellowish-black liquid chemical mixture found in geological formations, consisting mainly of hydrocarbons. The term ''petroleum'' refers both to naturally occurring unprocessed crude oil, as well as to petroleum products that consist of refined crude oil. Petroleum is a fossil fuel formed over millions of years from anaerobic decay of organic materials from buried prehistoric organisms, particularly planktons and algae, and 70% of the world's oil deposits were formed during the Mesozoic. Conventional reserves of petroleum are primarily recovered by drilling, which is done after a study of the relevant structural geology, analysis of the sedimentary basin, and characterization of the petroleum reservoir. There are also unconventional reserves such as oil sands and oil shale which are recovered by other means such as fracking. Once extracted, oil is refined and separated, most easily by distillation, ...
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Chevron Corporation
Chevron Corporation is an American multinational energy corporation predominantly specializing in oil and gas. The second-largest direct descendant of Standard Oil, and originally known as the Standard Oil Company of California (shortened to Socal or CalSo), it is active in more than 180 countries. Within oil and gas, Chevron is vertically integrated and is involved in hydrocarbon exploration, production, refining, marketing and transport, chemicals manufacturing and sales, and power generation. Founded originally in Southern California during the 1870s, the company was then based for many decades in San Francisco, California, before moving its corporate offices to San Ramon, California, in 2001; on August 2, 2024, Chevron announced that it would be relocating its headquarters from California to Houston, Texas. Chevron traces its history back to the second half of the 19th century to small California-based oil companies which were acquired by Standard and merged into St ...
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OSIsoft
OSIsoft, LLC is a manufacturer of application software for real-time data management, called the PI System. Founded in 1980, OSIsoft was privately held and headquartered in San Leandro, California. In August 2020, it was announced that the UK-based production company AVEVA agreed to buy OSIsoft in a deal worth $5 billion; the purchase was subsequently completed on 19 March 2021 for a final consideration of £3,831.4 million. History On January 5, 2011, OSIsoft announced a $135 million minority investment by Technology Crossover Ventures and Kleiner Perkins Caufield & Byers Kleiner Perkins, formerly Kleiner Perkins Caufield & Byers (KPCB), is an American venture capital firm which specializes in investing in incubation, early stage and growth companies. Since its founding in 1972, the firm has backed entrepreneur .... Lit San Leandro, a business associated with OSIsoft, has built a fiber-optic network in the city of San Leandro, linking high tech and other businesses. They ...
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