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The oil industry has seen an evolution of digital oil fields in the last decade thanks to advances in both hardware and software that have enabled operators to extend the monitoring of assets and flows throughout their operations.
However, as the industry contends with more complex challenges, it now recognises that more integrated models and business processes are required to enable digital oil field technology to tackle emerging operational challenges.
This Petroleum Review article looks at the findings from a recent upstream computing trends survey. The survey produced by Microsoft and Accenture demonstrates the need for exploration and production businesses to scale up and integrate their information technology solutions.
This article was first published in January 2011 in Petroleum Review and is reproduced by kind permission of the Energy Institute, 61 New Cavendish Street, London W1G 7AR
January 17, 2011