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PELOTON and INNOVA Join Forces to Deliver Real-Time Drilling Data Anywhere, Anytime
PELOTON and INNOVA Join Forces to Deliver Real-Time Drilling Data Anywhere, Anytime

Korea Herald

time08-05-2025

  • Business
  • Korea Herald

PELOTON and INNOVA Join Forces to Deliver Real-Time Drilling Data Anywhere, Anytime

Unified drilling data delivered across the well lifecycle, optimizing operations and accelerating real-time decision making. CALGARY, AB, May 9, 2025 /PRNewswire/ -- Peloton, the energy industry's leading provider of well, production and land data management software, and Innova, the industry's leading provider of directional drilling software, today announced a strategic partnership that provides live, bi-directional data sharing for the energy sector. Experience the full interactive Multichannel News Release here: This joint solution drives automation and provides a single source of truth for survey, BHA, and well-planning data, empowering operators and service companies to make faster, higher-confidence decisions—without sacrificing production targets or HSE standards. Why Peloton Innova for real-time drilling? "Real-time drilling analytics drive success. With Peloton Innova, we automate the delivery of live, validated data that can be trusted. Business teams can now focus on execution, not data entry," said Michael Kuhn, President, Peloton. "By delivering our real-time drilling solution directly into Peloton's Platform, we're closing the loop between rig and office in a way custom integrations never could," noted Bruce Ripley, Chief Operating Officer, Innova. By delivering a unified, real-time view of drilling operations, the Peloton Innova solution redefines how the industry collaborates, plans, and executes business directives. As operators face increasing pressure to deliver optimal wells with reduced resources and increased efficiency, this real-time drilling solution sets the global standard for performance and success. For more information, visit About Peloton Peloton is a leading provider of innovative technology solutions for the energy industry, offering solutions to optimize operations and enhance productivity. With a focus on security, mobility, integration, automation, and real-time monitoring, Peloton powers energy clients to thrive in an ever-evolving landscape. Innova is a leading provider of advanced software solutions for the drilling industry, delivering an integrated platform engineered to optimize the drilling process – from planning through to execution and post-well analysis. The Innova platform combines real-time data acquisition, directional guidance, workflow automation, and analytics into a unified system, enabling drilling teams to maximize efficiency, reduce risk, and enhance decision-making across the drilling lifecycle.

PELOTON and INNOVA Join Forces to Deliver Real-Time Drilling Data Anywhere, Anytime
PELOTON and INNOVA Join Forces to Deliver Real-Time Drilling Data Anywhere, Anytime

Cision Canada

time08-05-2025

  • Business
  • Cision Canada

PELOTON and INNOVA Join Forces to Deliver Real-Time Drilling Data Anywhere, Anytime

Unified drilling data delivered across the well lifecycle, optimizing operations and accelerating real-time decision making. CALGARY, AB, May 8, 2025 /CNW/ -- Peloton, the energy industry's leading provider of well, production and land data management software, and Innova, the industry's leading provider of directional drilling software, today announced a strategic partnership that provides live, bi-directional data sharing for the energy sector. Experience the full interactive Multichannel News Release here: This joint solution drives automation and provides a single source of truth for survey, BHA, and well-planning data, empowering operators and service companies to make faster, higher-confidence decisions—without sacrificing production targets or HSE standards. Why Peloton Innova for real-time drilling? Secure Access via Peloton's Platform – Analyze real-time drilling data in a dedicated, always-connected app—out of the box, effortless deployment. Definitive Survey Data in Real Time – Corrected inclination and azimuth measurements feed directly from the rig as drilling progresses. Bi-Directional BHA & Well-Plan Sync – Seamless automation of BHA configurations and planned trajectories for consistent planning and execution. NPT & Time-Log Integration – Capture live drilling NPT events and root-cause analysis, driving performance excellence. Unified Naming & Header Data – Standardized operator conventions across vendors to maintain data integrity and automation. "Real-time drilling analytics drive success. With Peloton Innova, we automate the delivery of live, validated data that can be trusted. Business teams can now focus on execution, not data entry," said Michael Kuhn, President, Peloton. "By delivering our real-time drilling solution directly into Peloton's Platform, we're closing the loop between rig and office in a way custom integrations never could," noted Bruce Ripley, Chief Operating Officer, Innova. By delivering a unified, real-time view of drilling operations, the Peloton Innova solution redefines how the industry collaborates, plans, and executes business directives. As operators face increasing pressure to deliver optimal wells with reduced resources and increased efficiency, this real-time drilling solution sets the global standard for performance and success. For more information, visit About Peloton Peloton is a leading provider of innovative technology solutions for the energy industry, offering solutions to optimize operations and enhance productivity. With a focus on security, mobility, integration, automation, and real-time monitoring, Peloton powers energy clients to thrive in an ever-evolving landscape. About Innova Innova is a leading provider of advanced software solutions for the drilling industry, delivering an integrated platform engineered to optimize the drilling process – from planning through to execution and post-well analysis. The Innova platform combines real-time data acquisition, directional guidance, workflow automation, and analytics into a unified system, enabling drilling teams to maximize efficiency, reduce risk, and enhance decision-making across the drilling lifecycle. SOURCE Peloton Computer Enterprises Ltd.

'Independent film is almost dead': MPs call for urgent action to save British film and TV
'Independent film is almost dead': MPs call for urgent action to save British film and TV

Yahoo

time10-04-2025

  • Entertainment
  • Yahoo

'Independent film is almost dead': MPs call for urgent action to save British film and TV

A new parliamentary report warns that Britain's film and high-end television (HETV) industry is battling a serious crisis, and unless urgent action is taken, the UK risks losing its cultural voice and a generation of creative talent. "The independent film sector is almost dead, and the UK studio sector is hostage to the fortunes of (mainly) US based entities," veteran producer Michael Kuhn told MPs. And the numbers back him up. In 2024, UK independent films accounted for just 9% of total production spending and a mere 6.9% of the box office - a stark drop in a sector long seen as a training ground for British talent. Related Apple loses $1bn a year on streaming: Why don't its shows work? ChatGPT's viral Studio Ghibli-style images: 'An insult to life itself' Meanwhile, the British high-end TV sector, which brought the world Derry Girls and Mr Bates vs The Post Office, is also in 'crisis'. Spend on domestic HETV fell by 25% last year, with dozens of productions cancelled or stuck in 'funding limbo', according to the BBC. 'We are losing it,' said writer and director Peter Kosminsky, who made 2015's Thomas Cromwell mini-series, Wolf Hall. 'Blink and it will be gone.' The Culture, Media and Sport Committee is urging the government to introduce a suite of bold interventions, including new tax breaks, enhanced support for cinemas and a proposed levy of 5% of UK subscriber revenue on streaming giants like Netflix, Apple and Amazon. 'Big box-office blockbusters made in Britain have showcased the UK's world-class film and high-end television industry like never before,' said Dame Caroline Dinenage MP, Chair of the CMS Committee. 'But the boom in inward investment of recent years now risks crowding out our many talented independent British producers.' The scale of the crisis may seem surprising to some, particularly in light of the astonishing success of Adolescence. The four-part British drama, created by Jack Thorne and Stephen Graham, premiered just last month and has already broken records - entering Netflix's all-time top ten for English-language series with a staggering 114 million views. But as Dame Caroline Dinenage points out, such wins are the exception - not the rule: "Unless the government urgently intervenes to rebalance the playing field, for every Adolescence adding to the national conversation, there will be countless distinctly British stories that never make it to our screens." The report also highlight the challenges faced by those who work in the British film and HETV industry. Skills gaps, poor working conditions, and widespread job insecurity were repeatedly raised in evidence. Freelancers - who make up much of the workforce - face long periods of unemployment, while bullying and harassment remain entrenched. A 2022 survey by the Film and TV Charity revealed that a third of respondents had experienced bullying behaviour at work in the previous year. Additionally, nearly a quarter of Black and Global Majority respondents reported racial harassment or discrimination, while 12% had experienced sexual harassment or discrimination. Meanwhile, almost one in five respondents with a disability or long-term health condition reported being harassed or discriminated against on that basis. The Committee urges the government to reform training and apprenticeships, improve mental health support, and appoint a Freelancers' Commissioner to advocate for precarious workers across the sector. Of course, the report also warns about the unchecked use of artificial intelligence within the indsutry. MPs warn that without stronger copyright protections, creators and performers risk losing control over their own likenesses and creative output (as seen recently with the controversy surrounding ChatGPT's viral Studio Ghibli-style images). 'The Committee is right to recommend the Government require AI developers to license any copyrighted works they wish to train on. Generative AI directly competes with the British creators who make the work it's trained on, so they must pay for this work," says Ed Newton-Rex, the CEO of Fairly Trained, a non-profit which certifies generative AI companies for fairer training data practices. For the struggling cinema sector, the Committee recommends new funding for independent cinemas, many of which are still recovering from the pandemic and face long-term cost pressures. It also suggests the government consider reducing VAT on cinema tickets.

'Independent film is almost dead': MPs call for urgent action to save British film and TV
'Independent film is almost dead': MPs call for urgent action to save British film and TV

Euronews

time10-04-2025

  • Entertainment
  • Euronews

'Independent film is almost dead': MPs call for urgent action to save British film and TV

ADVERTISEMENT A new parliamentary report warns that Britain's film and high-end television (HETV) industry is battling a serious crisis, and unless urgent action is taken, the UK risks losing its cultural voice and a generation of creative talent. "The independent film sector is almost dead, and the UK studio sector is hostage to the fortunes of (mainly) US based entities," veteran producer Michael Kuhn told MPs. And the numbers back him up. In 2024, UK independent films accounted for just 9% of total production spending and a mere 6.9% of the box office - a stark drop in a sector long seen as a training ground for British talent. Related Apple loses $1bn a year on streaming: Why don't its shows work? ChatGPT's viral Studio Ghibli-style images: 'An insult to life itself' Toby Jones stars as Alan Bates in Mr Bates vs The Post Office. Credit: ITV Meanwhile, the British high-end TV sector, which brought the world Derry Girls and Mr Bates vs The Post Office , is also in 'crisis'. Spend on domestic HETV fell by 25% last year, with dozens of productions cancelled or stuck in 'funding limbo', according to the BBC. 'We are losing it,' said writer and director Peter Kosminsky, who made 2015's Thomas Cromwell mini-series, Wolf Hall. 'Blink and it will be gone.' The Culture, Media and Sport Committee is urging the government to introduce a suite of bold interventions, including new tax breaks, enhanced support for cinemas and a proposed levy of 5% of UK subscriber revenue on streaming giants like Netflix , Apple and Amazon . 'Big box-office blockbusters made in Britain have showcased the UK's world-class film and high-end television industry like never before,' said Dame Caroline Dinenage MP, Chair of the CMS Committee. 'But the boom in inward investment of recent years now risks crowding out our many talented independent British producers.' Erin Doherty and Owen Cooper in 'Adolescence' Credit: Netflix The scale of the crisis may seem surprising to some, particularly in light of the astonishing success of Adolescence . The four-part British drama, created by Jack Thorne and Stephen Graham, premiered just last month and has already broken records - entering Netflix's all-time top ten for English-language series with a staggering 114 million views. But as Dame Caroline Dinenage points out, such wins are the exception - not the rule: "Unless the government urgently intervenes to rebalance the playing field, for every Adolescence adding to the national conversation, there will be countless distinctly British stories that never make it to our screens." The fight against harassment and artificial intelligence The report also highlight the challenges faced by those who work in the British film and HETV industry. Skills gaps, poor working conditions, and widespread job insecurity were repeatedly raised in evidence. Freelancers - who make up much of the workforce - face long periods of unemployment, while bullying and harassment remain entrenched. A 2022 survey by the Film and TV Charity revealed that a third of respondents had experienced bullying behaviour at work in the previous year. Additionally, nearly a quarter of Black and Global Majority respondents reported racial harassment or discrimination, while 12% had experienced sexual harassment or discrimination. Meanwhile, almost one in five respondents with a disability or long-term health condition reported being harassed or discriminated against on that basis. The Committee urges the government to reform training and apprenticeships, improve mental health support, and appoint a Freelancers' Commissioner to advocate for precarious workers across the sector. Of course, the report also warns about the unchecked use of artificial intelligence within the indsutry. MPs warn that without stronger copyright protections, creators and performers risk losing control over their own likenesses and creative output (as seen recently with the controversy surrounding ChatGPT's viral Studio Ghibli-style images ). ADVERTISEMENT 'The Committee is right to recommend the Government require AI developers to license any copyrighted works they wish to train on. Generative AI directly competes with the British creators who make the work it's trained on, so they must pay for this work," says Ed Newton-Rex, the CEO of Fairly Trained, a non-profit which certifies generative AI companies for fairer training data practices. For the struggling cinema sector, the Committee recommends new funding for independent cinemas , many of which are still recovering from the pandemic and face long-term cost pressures. It also suggests the government consider reducing VAT on cinema tickets.

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