The Petroleum Network Education Conference (PNEC) couldn’t have come at a more interesting time, when technology is fast becoming the only way to achieve improvements in performance.
According to the “2016 Upstream Oil and Gas Digital Trends Survey”, carried out by Accenture and Microsoft, 80% of upstream oil and gas companies plan to spend more (36%), or significantly more (14%), on digital technologies and solutions than they currently do. This growth in investment reflects rising confidence that digital technologies can significantly help to drive business performance, make faster and better decisions, and reduce costs.
Dr Peter Black, CEO of EnergySys, has stated that “technology is vital to the future success of the oil and gas industry, and not just because of the current low oil price environment. Technology is the key to unlocking the potential of all businesses, and we see particular promise in the growing use of automation.”
Dr Black will be speaking more on the subject at the PNEC conference in his talk ‘Digital Oilfield Ten Years On: A Literature Review’. It will take place in Houston at 8am on Wednesday the 18th of May (Track 2, Salon D), and will discuss the results of a careful review of the published literature on digital oilfield. It will attempt to identify the successes, and any identifiable patterns for success. It will make recommendations on the areas that have the potential to be of greatest benefit to the industry, and that should be a focus for the future.
We will also be exhibiting at PNEC in Booth 300 (see map below), from the 17th – 19th May 2016. Please visit and learn more about the how our revolutionary production accounting software is cutting costs and improving business performance. Contact firstname.lastname@example.org if you would be interested in meeting during the show.
For further details on EnergySys contact email@example.com or phone Kirsty on +44 8456 250 500