Modern digital solutions that use data analytics can yield critical value and create innovative use cases, helping c-level management drive ..read more

Despite economic and political uncertainties, growth remains at the top of numerous organizations’ agendas as the main reason for any ..read more

But today, the industry is operating in a unique environment of volatile market prices, risks, societal pressure, fluctuating demand, and ..read more

Our experience and use cases prove that modern technologies help enhance oil and gas company safety culture, design a human-centered ..read more

So, how can you as a leader outrun these crises? You’ll need experienced consultants, aligned strategy, and highly motivated staff ..read more

Digital transformation is an integral part of the 2021 business landscape. However, too often, the oilfield workforce is not ready to embrace all the challenges brought by modern innovations. Therefore, the skill gap is growing, putting business prosperity under threat. The reasons behind skill gaps in the oil and gas industry  As this oil and gas skills gap report shows, the dynamic is driven by several factors that are not necessarily connected. It appears that natural factors such as workforce aging are overlapped with management problems that lead to inadequate training requ ..read more

Below are excerpts from the conversation between Mike Orr, President of Digital Oil & Gas Solutions, Collin McLelland, Co-Founder and CEO of Digital Wildcatters, and Jacob Corley, Co-Founder of Digital Wildcatters, edited for length and clarity. Collin McLelland: So, tell us about your company and what you do. What’s the company’s name first? Mike Orr: Our company’s name is Digital Oil and Gas Solutions, and we’re a division of TEAM International. So, the founder is ex-Marathon, ex-Arco, and has been in the business for a long time but spun off and basically started offshore- and nearshore ..read more

Data management in all its glory  However, just connecting IT devices and collecting data is not enough, so today we’re talking about oil and gas data management strategy as the next evolutionary stage of digitalization. The fact is that 55 percent of businesses consider comprehensive data management challenging. To simplify the problem, they need solutions that will help them get past this roadblock and help their businesses expand. The demand for effective solutions in the oil and gas data management industry is growing, and therefore so is its market; with a CAGR of 17, it’s expected t ..read more

Digital twin as a virtual representation of a real object has been known for a while, but this technology was not considered cost-efficient. Everything changed when the capabilities of cloud computing and connectivity expanded, resulting in faster data processing. At this point, the digital twin market started to grow from $3.8 billion in 2019, and is projected to be $35.8 billion by 2025. As a result, today’s generic digital twin architecture (GDTA) has new dimensions and use cases that companies can benefit from. The value of digital twins for oil and gas companies For the oil and gas ind ..read more

Digital twin as a virtual representation of a real object has been known for a while, but this technology was not considered cost-efficient. Everything changed when the capabilities of cloud computing and connectivity expanded, resulting in faster data processing. At this point, the digital twin market started to grow from $3.8 billion in 2019, and is projected to be $35.8 billion by 2025. As a result, today’s generic digital twin architecture (GDTA) has new dimensions and use cases that companies can benefit from. The value of digital twins for oil and gas companies For the oil and gas ind ..read more