March 4, 2020 – Emerson and Quantum Reservoir Impact ( QRI ) announced they have teamed up to develop and market next-generation applications for artificial intelligence (AI)-based analytics and decision-making tools customized for oil and gas exploration and production (E&P). Together, the two E&P software industry companies will work to help oil and gas customers embrace digital transformation technologies and harness vast amounts of data to optimize their reservoir management strategies. The collaboration combines Emerson’s global reach and an independent E&P software portfolio with QRI’s industry expertise in applying augmented AI, machine learning and advanced analytics for asset and reservoir management.
As part of the ongoing collaboration, the companies will apply advanced computational technologies to help geoscientists and engineers make actionable and reliable field development decisions.