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Maximing production through digital oilfield development

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Oilfield Technology,

ACI’s 3rd European Digital Oilfield Summit will be taking place in London, UK, on 14 — 15 October 2015. The two day event will bring together key industry stakeholders from the oil & gas industry, IT and data associations, consultants, solution and technology providers.

Recent digital oilfield developments in Europe and worldwide have shifted focus from technology to business capability. To stay competitive, companies must invest in state of the art technologies that can manage real time operations and enable access to untouched assets.

Currently operators are under even more pressure as low oil prices are leading many companies to re-think their strategy and reduce costs, but are still aiming to improve asset integrity management overall.

Digital Oilfields Concept became a key component of an effective business model for major oil and gas companies; it is essential to promoting understanding of the current Digital Oilfield market for smaller producers too.

The 3rd European Digital Oilfield Summit focuses on digital intelligence and asset optimisation, real time reservoir monitoring technology, big data management that provides opportunities for operators and help to improve efficiency in the current economic climate.

Adapted from press release by Joseph Green

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