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Deep Learning Portends 'Sea Change' for Oil and Gas Sector
Enterprise Tech ^ | February 2, 2018 | Tiffany Trader and Doug Black

Posted on 03/15/2018 1:44:40 AM PDT by SunkenCiv

The billowing compute and data demands that spurred the oil and gas industry to be the largest commercial users of high-performance computing are now propelling the competitive sector to deploy the latest AI technologies. Beyond the requirement for accurate and speedy seismic and reservoir simulation, oil and gas operations face torrents of sensor, geolocation, weather, drilling and seismic data. Just the sensor data alone from one off-shore rig can accrue to hundreds of terabytes of data annually, but most of this remains unanalyzed, dark data.

Why? Because there just isn't enough compute capacity to crunch it all.

A collaboration between Nvidia and Baker Hughes, a GE company (BHGE) -- one of the world's largest oil field services companies -- kicked off this week to address these data challenges by applying deep learning and advanced analytics to improve efficiency and reduce the cost of energy exploration and distribution. The partnership leverages accelerated computing solutions from Nvidia, including DGX-1 servers, DGX Station and Jetson, combined with BHGE's fullstream analytics software and digital twins to target end-to-end oil and gas operations.

(Excerpt) Read more at enterprisetech.com ...


TOPICS: Business/Economy; Editorial; Technical
KEYWORDS: bakerhughes; bhge; bitcoin; energy; fracking; hydrocarbons; maga; nvda; nvidia; opec
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To: texas booster
The ability of the NSA to analyze data would no doubt be surprising; their systems must already have implemented AI to process the worldwide data stream. I'm sure it would shock everyone, not least because its scale is so far beyond an individual human brain to manage.

The Folding@Home project is (was?) a voluntary program, where people installed software gadgets on their systems to use background CPU time, then eventually GPU time, to crunch numbers for that project.

A similar project exists for SETI data, and probably others.

I've always been amused by the claims that a given encryption method would require more time than the age of the universe to crack, considering how simple a job like that can be attacked using multiple CPUs, GPUs, virtual machines running on multiple hardware, etc.

21 posted on 03/15/2018 8:03:10 AM PDT by SunkenCiv (www.tapatalk.com/groups/godsgravesglyphs/, forum.darwincentral.org, www.gopbriefingroom.com)
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To: SunkenCiv

Good data. Has anyone compiled additional data since 2003 to see if the trend continues?


22 posted on 03/15/2018 8:03:33 AM PDT by kosciusko51
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To: kosciusko51
Best guess is, the original author has, but as the OPEC strategy was to keep their product price-stable in the large and nearby European market, it's likely to have continued.

23 posted on 03/15/2018 8:25:23 AM PDT by SunkenCiv (www.tapatalk.com/groups/godsgravesglyphs/, forum.darwincentral.org, www.gopbriefingroom.com)
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Over $60 billion wiped off value of cryptocurrencies in 24 hours as bitcoin slide continues
CNBC | 03-15-2018 | Arjun Kharpal
Posted on 03/15/2018 7:53:45 AM PDT by NRx
http://www.freerepublic.com/focus/news/3639880/posts


24 posted on 03/15/2018 8:25:52 AM PDT by SunkenCiv (www.tapatalk.com/groups/godsgravesglyphs/, forum.darwincentral.org, www.gopbriefingroom.com)
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To: Uncle Miltie
That'll probably be built into OSes in the future -- something like a Paypal acc't, and if the box is clicked "okay" by the computer buyer, is online and on, the idle time will get rented out automatically.

25 posted on 03/15/2018 8:29:17 AM PDT by SunkenCiv (www.tapatalk.com/groups/godsgravesglyphs/, forum.darwincentral.org, www.gopbriefingroom.com)
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To: SunkenCiv
Folding@Home is still going strong, albeit much reduced in size as more GPU power is diverted to solving new block chains.

I believe that the three letter agencies (and corporate versions such as FB and GOOG) have heavily invested in AI to manage data stream parsing.

Web advertising has changed so much I barely recognize, much less understand the best ways to foul up or to mislead robot advertisers.

I remember when a call center project in ~2000 was unable to backup 40 GB of data during the overnight shift, causing abends that broke the backup system.

40 Gb is like a Pixie stick to modern data slurpers.

26 posted on 03/15/2018 8:36:42 AM PDT by texas booster (Join FreeRepublic's Folding@Home team (Team # 36120) Cure Alzheimer's!)
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To: SunkenCiv
You've peaked my interest, so I looked for more information, and I found this:

graph of Brent crude oil spot price, January 2, 2007 - March 26, 2012, as described in the article text

Not quite up to date, but at least more recent.

27 posted on 03/15/2018 8:55:48 AM PDT by kosciusko51
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To: BBell

I read a Terminator book, based in the same world as the movies, that use this as a premise.

One of the particularly horrible images from the book is millions of people trapped in AI driven cars all knowing they are being driven into an incoming missile’s nuclear blast zone by the AI. In the book the AI is being aided by “environmental activists” who are all voluntarily sterilizes as a part of the AI program of a “final solution” to the human problem.


28 posted on 03/15/2018 9:02:45 AM PDT by MNJohnnie ("The political class is a bureaucracy designed to perpetuate itself" Rush Limbaugh)
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To: SunkenCiv

Close but is not the scenario I was referring to - it is the one posited by Gregory Benford in his five novels beginning with “In the Ocean of Night”.


29 posted on 03/15/2018 3:30:14 PM PDT by PIF (They came for me and mine ... now it is your turn ...)
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To: BBell
What will happen if the AI decides we are ruining the earth with our fossil fuels and therefore need to be eliminated?

I guess we'll just have to learn to open the pod bay doors by ourselves.

30 posted on 03/15/2018 6:59:38 PM PDT by Elsie (Heck is where people, who don't believe in Gosh, think they are not going...)
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To: SunkenCiv
... the idle time will get rented out

All THIS and gridcoin; too!

31 posted on 03/15/2018 7:06:29 PM PDT by Elsie (Heck is where people, who don't believe in Gosh, think they are not going...)
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To: kosciusko51
You've peaked my interest,

My bank interested peaked at 4.7%; but now I'm piqued to find a higher rate elsewhere.

32 posted on 03/15/2018 7:08:30 PM PDT by Elsie (Heck is where people, who don't believe in Gosh, think they are not going...)
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To: Elsie

Oh, well. Homophones.


33 posted on 03/15/2018 8:37:07 PM PDT by kosciusko51
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To: kosciusko51

Transphones is the new mantra...


34 posted on 03/16/2018 5:43:26 AM PDT by Elsie (Heck is where people, who don't believe in Gosh, think they are not going...)
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To: kosciusko51

Thanks!


35 posted on 03/17/2018 12:47:20 PM PDT by SunkenCiv (www.tapatalk.com/groups/godsgravesglyphs/, forum.darwincentral.org, www.gopbriefingroom.com)
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