Korea National Oil Corporation to Fully Open Oil Development Data

Active Promotion of Field Genetic Know-how · Resource Development Revitalization through Industry-Academia-Research Technology Exchange

At the 114th Spring Academic Conference of the Korean Society of Resources Engineering held in Gyeongju on the 25th, Korea National Oil Corporation set up a promotional booth to promote its activities.

[Asia Economy Yeongnam Reporting Headquarters, Reporter Kim Yong-woo] Korea National Oil Corporation announced its research on technology sharing and public support projects at the 114th Spring Academic Conference of the Korean Society of Mineral and Energy Resources Engineering held at the Gyeongju Hwabaek Convention Center at 1 p.m. on the 25th.

Baek Oh-gyu, head of the Oil Corporation, emphasized overcoming the crisis and difficulties of the resource development industry, which has been shrinking due to the recent COVID-19 situation, through active exchange among industry, academia, and research institutes.

At the conference, experts from various fields of the Oil Corporation presented research achievements based on machine learning oil development technology utilizing big data and field experience.

Additionally, the Oil Corporation set up a promotional booth related to the recent initiatives of private-sector opening of oil development data and providing testbeds for owned oil fields, sharing the data and oil fields acquired by the corporation with industry, academia, and research institutes.

Since 2017, the Oil Corporation has been building a domestic continental shelf technology data database and has been sequentially expanding and constructing overseas oil development technology data databases. Starting this year, the scope of disclosure has been expanded to allow employees of general corporations and undergraduate and graduate students to utilize the data.

The Oil Corporation plans to provide high-quality oil development technology data and testbeds and strives to create social value as a leading public enterprise in resource development.

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