Related Articles
Report
Forward article link
Share PDF with colleagues

Technology and the oil industry

Automation, machine learning, artificial intelligence and other new technologies could transform the oil industry

The digital oilfield has been a buzzword bouncing around the industry for at least a decade but its time might finally be arriving in the oil patch. Technological advances are coinciding with one of the most severe disruptions the oil industry has seen in generations, which has left companies looking for new answers to a seminal question: how to cope with what may be years of lower prices. The renewed enthusiasm for all things tech was on display at this year's CERAWeek conference in Houston, the US' biggest industry confab. Views on prices and policies from executives and ministers drew the usual headlines, but the more lasting and transformational story may have been taking place in the h

Also in this section
US shale—more where that came from
15 September 2017
America's shale industry is showing few signs of slowing down this year
US gas bulls beware
15 September 2017
US gas production has been stronger than expected. The market will be hoping for a scorching summer and a quick ramp up of LNG facilities
India: more to discover?
13 September 2017
Upstream reforms have lured 45 bidders to the country’s offshore—part of a plan to reduce imports