By disrupting the traditional way of working in the oil and gas industry, digital technology innovation is creating a step change in operational and business performance for Schlumberger and its customers.
The traditional way of working within the oil and gas industry presents barriers to the sharing of data and technical knowledge among domain experts. Integrating digital technology into workflows requires extensive domain expertise about the entire system—from hardware and software technologies to the complexity of the data and the numerous systems involved. Innovation around a single element of the E&P development chain cannot maximize efficiency if done in isolation. Our approach requires a complete understanding of what each element contributes to the entire chain. Achieving such a step change entails a new collaborative mindset, end-to-end systems knowledge, and redesigned business models that support new ways of working. Optimizing production can help to lower impacts on the environment.