digital transformation

Only 30% of oil and gas companies have successfully scaled digital manufacturing. In this video, McKinsey & Company presents a few digital transformation ideas that can help oil and gas CEOs achieve real impact on production key performance indicators.

The pandemic shrank technical teams across the upstream industry, raising new and important questions about how training and knowledge sharing must evolve.

Digital systems are helping ensure US independent Diversified Energy continues to grow and optimize production from its mature assets.

The fast-growing software firm was founded by former oil and gas professionals who wanted to disrupt traditional reservoir economics software and redefine workflows.

An operator has redefined onsite operations reporting through the development of a standardized set of reporting activity codes as the backbone of a standardized digital well-design and execution process.

The company said it plans to increase its use of Microsoft’s Azure cloud service to streamline its data.

Fennex has picked up more than £250,000 in new contacts as well as the Innovation Award at the SPE Aberdeen Offshore Achievement Awards.

The utility of mud gas data so far has been limited to fluid typing, formation evaluation, and interwell geological and petrophysical correlation. The ongoing digital transformation has presented the opportunity to increase the utility of, and get more value from, the abundant and rich mud gas data. This article raises the question of whether getting more from mud gas…

In an increasingly data-dependent sector, oil and gas companies need to scale up their use of technology across the enterprise rapidly. Success will involve reframing the CIO’s role in driving not only digital transformation but also business outcomes.