Fulfillment of the long awaited digital oilfield has been a goal of the oil and gas industry for more than a decade. As other sectors of the economy have transitioned to digital, remaking entire industries in the process, the oilpatch has lagged behind, despite the immense rewards that digitalization can bring. In this five-part Digital Disruption series, we present some of the challenges and opportunities presented by digitalization, and some of the success stories experienced by companies that have made the transition.
November 12, 2018, 6 AM MST
Imperial Oil Limited is moving “as fast as possible” to implement the digital initiatives it estimates are worth at least $500 million per year to its bottom line.
November 12, 2018, 8:27 AM MST
Canadian heavy oil producers shutting in production are making a dent in the basin’s oversupply. Approximately 122,000 bbls/d will be taken off line in November and December, according to DOB estimates. This compares to the total oversupply of 200,000 bbls/d, as reported by ARC Financial.
November 9, 2018, 6:43 AM MST
Do you have information the public should know?