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Proceedings Papers

Paper presented at the Abu Dhabi International Petroleum Exhibition & Conference, November 15–18, 2021
Paper Number: SPE-207328-MS
... of the required supply chain environment. With the help of blockchain, the supply chain data can be immutably saved for further sharing with stakeholders. Due to the introduction of AI as an embedded element within 6G networks, the end-to-end supply chain process can now be automated for safety, security...
Proceedings Papers

Paper presented at the SPE Western Regional Meeting, April 20–22, 2021
Paper Number: SPE-200764-MS
... management (PRM). The current system for PRM is extremely complex and costly, and involvesmultiple parties/contracts and often causes disputes. A blockchain-based solution allows the organizations to better navigate complex laws, courtrulings, and legal jargon that determine how billions of dollars...
Proceedings Papers

Paper presented at the International Petroleum Technology Conference, March 23–April 1, 2021
Paper Number: IPTC-21153-MS
..., and the inability to unify logistics, information flow, capital flow and energy flow in the industry. On this basis, the article studies the methods of blockchain technology to solve corresponding problems, and proposes the application ideas of blockchain technology in the field of natural gas supply chain finance...
Proceedings Papers

Paper presented at the International Petroleum Technology Conference, March 23–April 1, 2021
Paper Number: IPTC-21786-MS
... problematic for oil and gas industries and regulatory agencies ( Cotton et.al., 2006 ). The blockchain database is an emerging technology designed to assure data integrity ( Gaetani et al., 2017 ). Kern County uniquely poises a project to develop new skills to use blockchain database applications and generate...
Proceedings Papers

Paper presented at the Abu Dhabi International Petroleum Exhibition & Conference, November 9–12, 2020
Paper Number: SPE-202945-MS
... technology will be developed using Blockchain Hyperledger which is a distributed ledger technology (DLT). The SCM application/portal serving the request and procurement process will utilize the Hyperledger Fabric SDK or REST web service to interface with the Hyperledger Fabric network. The organizations...
Proceedings Papers

Paper presented at the Abu Dhabi International Petroleum Exhibition & Conference, November 9–12, 2020
Paper Number: SPE-203331-MS
... limits. A new paradigm is proposed: use of distributed ledger technology in the form of a blockchain-based supply chain integration solution. By permitting participants in a supply chain to integrate information flows in a secure, quick and automated levels of efficiency that are achieved and cannot...
Proceedings Papers

Paper presented at the SPE Latin American and Caribbean Petroleum Engineering Conference, July 27–31, 2020
Paper Number: SPE-199170-MS
... Optimal size of a blockchain is determined by the trade-off between transaction costs, which improve with scale, and peripheral trust, which deteriorates. Blockchains are shared, distributed data structures (or ledgers) that can securely store digital transactions without using a central point...
Proceedings Papers

Paper presented at the International Petroleum Technology Conference, January 13–15, 2020
Paper Number: IPTC-19937-Abstract
... Blockchain is believed to be a foundational technology that will create foundations in the economic and financial systems in a way that will revolutionize the business models and the organizational structures. Blockchain has opened a series of possibilities for blockchain-based innovative...
Journal Articles
J Pet Technol 71 (12): 14–15.
Paper Number: SPE-1219-0014-JPT
Published: 01 December 2019
.... Thankfully, however, this problem was solved when Toshiba threw in the towel in 2008, leaving Sony’s platform as the undisputed winner in the movie disc technology war. This episode in the history of the entertainment industry is an important lesson to remember as we think about how to introduce blockchain...
Proceedings Papers

Paper presented at the SPE Kuwait Oil & Gas Show and Conference, October 13–16, 2019
Paper Number: SPE-198082-MS
... A public blockchain is fully decentralized, meaning that anyone can join the network and participate in maintaining the blockchain. It suffers from low efficiency since that participants are competing to create the next block but requires no trust in participating parties. A private...
Proceedings Papers

Paper presented at the SPE Annual Technical Conference and Exhibition, September 24–26, 2018
Paper Number: SPE-191750-MS
... The block time is the average time taken by the network to generate one extra block in the blockchain. Some blockchains create a new block as frequently as every five seconds. Although the concept of blockchain was originated as a tool for a cryptocurrency, it is not necessary...
Journal Articles
J Pet Technol 70 (09): 44–46.
Paper Number: SPE-0918-0044-JPT
Published: 01 September 2018
...Stephen Rassenfoss When Diamond Offshore Drilling announced that it will be equipping its offshore drilling rigs with blockchain, the calls started coming. “I was shocked by the response on the first 4 days,” said Harris Reynolds, manager for research and development for Diamond Offshore...
Journal Articles
OIJ 2018 (08): 102–104.
Paper Number: OIJ-2018-08-102-104-RU
Published: 01 August 2018
...S. O. Kosenkov; Yu. S. Chetyrin; I. V. Kuznetsov; V. Yu. Turchaninov; P. V. Zuev The PDF file of this paper is in Russian. The blockchain is a state of the art technology which is directly associated with the process of mining cryptocurrencies. However, this technology can be practically applied...
Journal Articles
J Pet Technol 70 (05): 30–33.
Paper Number: SPE-0518-0030-JPT
Published: 01 May 2018
... ledger technology—otherwise known as blockchain—may be the backbone of this new infrastructure. Already well-known in the financial sector, blockchain is a peer-to-peer (P2P) network technology that uses advanced computer science techniques to enable trustworthy interactions between parties, even...
Images
<b>Blockchain</b> is a  new  centralization.
Published: 09 November 2020
Figure 7 Blockchain is a new centralization. More
Images
Functioning of <b>Blockchain</b>. The main chain (black) consists of the longest s...
Published: 24 September 2018
Figure 1 Functioning of Blockchain. The main chain (black) consists of the longest series of blocks from the genesis block (green) to the current block. Orphan blocks (purple) exist outside of the main chain. More
Images
<b>Blockchain</b> for Drilling Automation.
Published: 24 September 2018
Figure 2 Blockchain for Drilling Automation. More
Images
Images
<b>Blockchain</b> in Cyber Physical Production System (BCPPS).
Published: 10 April 2021
Figure 2 Blockchain in Cyber Physical Production System (BCPPS). More
Images
Double-blind data-sharing model on <b>blockchain</b>.
Published: 10 April 2021
Figure 3 Double-blind data-sharing model on blockchain. More

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