Oil and Gas Industry—Trends and Technology

Oil and Gas Industry—Trends and Technology

This study presents the global oil and gas industry as a primary source of energy. Various challenges faced by today's oil and gas companies in this ever-changing environment are discussed in detail, such as how the industry is structured and how the competitive structure has evolved over the study period. Additionally, technology as the key driver is discussed in detail. Some major trends observed in the development of technology are briefly discussed, and key solutions such as digital oilfields, integrated asset management, intelligent well development, and integrity management knowledge are presented.

  • Executive Summary
    • Key Findings
  • Structure of the Study
  • Industry Challenges
    • O&G-A Major Source for Primary Energy Mix
    • Reality of Peak Oil-The Age of Unconventional Oil
    • Challenges and Risks for the E&P Industry
    • Unconventional O&G Cost Imperative for Production Cost Escalations
    • Technology-Key Differentiator
    • Technology Dependency-On Processes and People
  • Enabling Technologies
    • Market Challenges-Enabling Technologies and Required Solutions
    • Enabling Technologies for the O&G Industry
    • Future Thrust Areas for Solutions Development to Counter Business Challenges
  • Solution Areas of Development
    • DOF-Collaborative Ecosystem for O&G Operational Excellence
    • Integrated Asset Management-An Holistic View of the Business Portfolio
    • Development in Intelligent Wells to Increase Production Efficiency
    • Operational Integrity Imperatives for Solution Development
    • Unified Communication Architecture for Collaborative Communication
    • The Knowledge Management Imperative for the O&G Industry
  • Strategic Conclusions

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