Disruptive Technologies Transforming the Digital Oil Field Industry, 2018 – ResearchAndMarkets.com

The "Disruptive
Technologies Transforming Digital Oil Field" report has been
added to ResearchAndMarkets.com's offering.

The term "digital oil fields" (DOF) is also referred to as Smart Fields,
or Intelligent Oil Fields; it is a 360 degree real-time approach for
asset management, remote monitoring of oil wells and fields via
integration of digitization. It encompasses a wide range of tools, tasks
and disciplines via automation which results in higher productivity and
optimization.

DOF helps in easing the sustenance and maintenance of the organization's
resources that are vital to business and operations in real time. DOF
offers asset management through real time monitoring where factors like
engineering, operations, maintenance and finance unite into one
integrated business process. This provides the on-site fields the
necessity to exercise a new approach to investigate the fields and wells
remotely.

DOFs are built in phases to scale optimization by integrating, operating
and optimizing production-related information in real time to enhance
field operation and development. DOFs thrive to be robust, scalable, and
upgradable so as to achieve greater levels of advancements in technology
in future.

Incorporating digitization in oil wells and refineries will directly
hinder the optimization workflows and it would get rid of the complexity
issues that the operators in oil fields face on a day-to-day basis.
Manual decision-making is reduced except for operators who compute,
gather and collect the data which is achieved through automation over
operational processes performed through technologies such as artificial
intelligence, Big Data, block chain, sensors and drone technology and
robotics.

Key Questions Answered in the Technology and Innovation Research
Report:

1. What is the significance of DOFs in the Oil and Gas sector?

2. What are the major technology trends and key enabling technologies?

3. What are the factors that influence technology development and
adoption?

4. Who are the key innovators and major stakeholders driving
developments?

5. What are the future prospects of the technology?

6. What sort of strategies do DOFs adopt for gaining entry into the
market and for sustainable competition?

Key Topics Covered:

1.0 Executive Summary

2.0 Technology Landscape Assessment - Trends and Enabling Technologies

3.0 Factors Influencing Market Development and Adoption, IP Assessment

4.0 Growth Opportunities and Strategic Recommendations

5.0 Key Industry Contacts

For more information about this report visit https://www.researchandmarkets.com/research/9rggps/disruptive?w=4

View source version on businesswire.com: https://www.businesswire.com/news/home/20180717005752/en/

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