Events

Bits, Bytes, and Barrels: The Digital Transformation of Oil and Gas

Webcasts
Jul 25, 2019 | 11:00 AM11:22 AM CDT
Online
Included with membership

Recent volatile prices, rapid­ly grow­ing alter­na­tive fuels like renew­ables, the per­ma­nent swing from peak oil to super abun­dance, shift­ing con­sumer pref­er­ences, and glob­al pres­sures to decar­bonize sug­gest a chal­lenged oil and gas indus­try for the fore­see­able future. Dig­i­tal advances offer ways to low­er costs of pro­duc­tion, improve pro­duc­tiv­i­ty, reduce car­bon emis­sions, and regain pub­lic con­fi­dence. A wait-and-see atti­tude to dig­i­tal inno­va­tion has failed many indus­tries already, and the lead­ers of oil and gas urgent­ly need guid­ance on how dig­i­tal both dis­rupts and enhances their industry. 

Dur­ing this web­cast, Geof­frey will set out the rea­sons why adop­tion is slow, describe the size and scale of both the oppor­tu­ni­ty and the threat from dig­i­tal, iden­ti­fy the key dig­i­tal tech­nolo­gies and the role that they play in a dig­i­tal future, and rec­om­mend a set of actions for lead­ers to take to accel­er­ate the adop­tion of dig­i­tal in the business.

Drawn from his new book, Bits, Bytes, and Bar­rels’, his exten­sive research into dig­i­tal tech­nolo­gies, and his advi­so­ry work with oil and gas, he will pro­vide an inde­pen­dent and expert per­spec­tive of the impacts of dig­i­tal across the breadth of the indus­try. From onshore to off­shore, from upstream to mid­stream to inte­grat­ed, Geof­frey will pro­vide action­able and prag­mat­ic advice on this web­cast to help the deci­sion-mak­ers at all lev­els of the indus­try take mean­ing­ful action toward promis­ing and reward­ing dig­i­tal adoption.