Insight

Digitalisation: upstream's silver bullet?

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Digitalisation is good for business and holds significant promise for the upstream sector. But to date, we believe there’s been far more talk than action. Deploying digital technologies at scale is proving harder than first though or indeed hoped for. So what can we learn from these first steps toward a digitally transformed oil and gas industry? What can you do to ensure you are a catalyst in the digital revolution?

Table of contents

  • Executive summary
    • Potential and a history of innovation
    • Chasing a big prize
    • But digitalisation is yet to make a really meaningful impact
    • Are the rewards smaller?
    • A microcosm of innovation
    • Are they really committed to innovate?
  • What we’ve learnt
  • How can you be different?

Tables and charts

This report includes the following images and tables:

  • Mentions of digitalisation in earnings and analyst calls
  • The defiant US tight oil cost curve
  • Cost reductions yet to show up in earnest
  • Aker BP’s opex savings scaled up across the NCS
  • Equinor’s IOR toolbox and the size of the prize

What's included

This report contains:

  • Document

    Digitalisation: upstream's silver bullet?

    PDF 936.00 KB