Digital Oilfield Transformation

The oil and gas industry is on the brink of an acceleration in its digital transformation strategy.  Supermajors have been early adopters of digital technologies, with many already benefiting from large cost savings. A recent report by Ernst and Young (2019) highlighted that 87% of the oil and gas companies they surveyed are are using advanced analytics.

OPC has some of the leading Digital Oilfield consultants in the world providing services on a global basis to IOCs, NOCs and independent oil & gas businesses.  We have worked on a number of consultancy and training projects for International Companies such as: Qatar Petroleum, Cairn, ExxonMobil, ADNOC, ENI, OMV/Petrom and BP.

We have a broad range of expertise in the area and our services include:

• Training courses on the Digital Oilfield
• Development of Digital Transformation Strategy
• Digital oilfield maturity assessment projects
• Mentoring and management of the implementation of transformation
• Provision of consultancy on Digital Transformation
• A wide range of other Digital Oilfield related support services

In 2017 the World Economic Forum estimated that the digital transformation in oil and gas had a total value of $1.5 trillion, with most of that focused on “asset lifestyle management”.  Early adopters of digital transformation have achieved cost reductions, enhanced operational efficiency and improved consistency – leading to better quality control, reductions in downtime, reduced risk and reduced manpower requirements in dangerous locations. The gains that the operator sees translate rapidly into either increased revenue or increased profits, reinforcing their appetite to invest in new digital technologies.