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Autonomous Drilling: Identifying the Business Case for Operators and Drilling Contractors

September 1, 2018 | State of the Market Report

Since the 2014 oil price crash, the oil and gas industry has spearheaded the deployment of digital solutions such as data analytics and artificial intelligence in upstream operations. Autonomy, is often touted as the final frontier of digitization. This report discusses the current landscape of drilling autonomy and identifies the key business drivers for the two key stakeholders in drilling - operators and drilling contractors.

Coverage Areas

  • Autonomous Systems 2.0
  • Digital Transformation
  • Exploration and Production
  • Owning the Energy Transition

Table of Contents

  • Title page
  • Drilling Rig Market Outlook
  • The Business Case for Autonomy
  • Outlook

Lead Analyst

Harshit Sharma
Analyst

Contributors

Yuan-Sheng Yu
Categories Drilling, Artificial intelligence, Data Analytics, Industrial robotics, Machine Learning
Related companies Shell, Saudi Aramco, National Oilwell Varco, Baker Hughes, Equinor, Cabot Oil & Gas, China National Petroleum Corporation (CNPC), U.S. Energy Information Administration (EIA), Robotic Drilling Systems, Halliburton, Nabors Industries, Raptor Rig, mhwirth, West Group, OOS Energy

About Lux Research

Lux Research is a leading provider of tech-enabled research and advisory solutions, helping clients drive growth through technology innovation. A pioneer in the research industry, Lux uniquely combines technical expertise and business insights with a proprietary intelligence platform, using advanced analytics and data science to surface true leading indicators. With quality data derived from primary research, fact-based analysis, and opinions that challenge traditional thinking, Lux clients are empowered to make more informed decisions today to ensure future success.

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