The Digital Transformation of Oil and Gas

August 22, 2019 | State of the Market Report

The digital transformation of the oil and gas industry has accelerated at a rapid rate in the last decade ever since the 2014 oil price crash. Oil and gas has gradually transitioned from a digital laggard to a potential leader in digital technologies such as digital twins, predictive maintenance, and gas detection. In this report, we discuss the underlying drivers for the industry's imminent push for digital, analyze the primary struggle it faces today of digital scale-up and enterprise wide deployment, and speculate the rise of 'tech' oil companies for the future.

Coverage Areas

  • Digital Transformation
  • Exploration and Production
  • Owning the Energy Transition

Table of Contents

  • Title page
  • Executive Summary
  • The Era of Efficiency
  • Identifying Scalable Digital Applications
  • Summary
  • Outlook

Lead Analyst

Harshit Sharma
Analyst

Contributors

Katrina Westerhof

About Lux Research

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