Accurate and timely decision-making is essential to managing the performance of your assets – essential to gaining a competitive advantage. Revenue and cost-savings opportunities are fleeting in volatile markets.
Powering the Digital Oilfield
In the digital oilfield era, exploration and production (E&P) companies face a growing challenge: integrating and then comprehending the wide variety of data available for decision making. Evaluating a problem and deciding what information is required to understand the nature of the problem and its solution is a critical business issue. It’s about situational awareness the creation of a “360 degree” business awareness by digitally uniting all the related information and views of the problem into a visual or tabular form so a timely decision can be made.
The digital oilfield is introducing new work processes and technologies to assist E&P companies. But it is also producing increasing volumes of information from a mounting number of data inputs — escalating the complexity and number of possible solutions. Multiple scenarios must be understood and presented with their associated pros and cons. How can you know which solution strategy is best?
For more information
- Download our Petroleum Enterprise Intelligence brochure (PDF, 195KB).
- Bill Kuzmich, CSC Global Energy Sector: Dealing with the Digital Oilfield
- See this Microsoft IStore case study
- Listen to our Petroleum Enterprise Intelligence podcast, given by CSC's Chemical, Energy and Natural Resources Group President Robert Welch at the May 2009 CIO Executive Summit
- Read the E&P Magazine article E&P Companies Look to Integrated Business, Production Data
- Contact us.