Posts Tagged ‘The value of smarter oil and gas fields’

The Value of Smarter Oil and Gas Fields-Part II

In 2010, researchers set out to broaden their understanding of what the next 20 years could hold for the energy industry. They interviewed more than 100 high-level executives from various parts of the oil and gas ecosystem, mainly focusing on the upstream segment. Among the findings of Oil and Gas 2030: “[Executives] see integration becoming [...]

The Value of Smarter Oil and Gas Fields-Part I

Executives in the petroleum industry face the dual challenge of increasing both production and profitability in the face of shrinking reserves and tightening regulations. As a result, they are looking to information technology solutions to bring their people, processes and petroleum technologies together in new ways. By 2035, world energy consumption is projected to grow [...]