The oil and gas industry has been remotely conducting operations and there have been uncertainties of oil price fluctuations, but now it is also moving its computing to the edge to derive valuable insights and gain operational excellence. As commodity prices track the “lower for longer” (or possibly forever), value in the upstream industry has shifted from gaining access to new resources and delivering greenfield projects to delivering best-in-class operational performance from existing assets using big data technology.
Last Updated: January 20, 2021