Digitalization’s effect has a profound impact on the energy industry, including oil and gas (digital oilfield) and utilities (smart grids). More data is accessible from field and process instrumentation and control systems for the complete investigation to enhance decision making at all levels, from the field to the board room. Lower commodity prices have figured the need to boost operational performance to the existing drivers of a healthy and environmentally friendly operating footprint, for effective recovery of reserves and an attractive return on shareholders’ investment.
The Industrial Things Internet (IIoT) is the next level of the Intelligent Oilfield, which is called ad Digital Oilfield 2.0. The original Digital Oilfield, also known by other names like Smart Fields, Field of the Future, and Integrated Operations. It was started around the year 2000, was IT-led and technology-focused, resulting in the proliferation of automation, the use of digital devices, the introduction of remote operation centers, the standardization of selected workflows, and the practice of ‘managing by exception’ to run fields.
Recent technological upgrades have left the industry more resilient than before. Oleum Technology is one such solution provider featured in this edition. They offer a cost-effective and greener method to optimize the yield of oil through its proprietary SIP technology. This edition also features some of the other leading solution providers in the digital oil field that offer a wide range of products and software services for drilling automation, application development, infrastructure optimization, and data analytics for production.
We present to you the “ Top 10 Digital Oil Field Solution Providers - 2019.”