DSEA and Drilling: Importance of Data Sharing in Oil and Gas

The industry could achieve an 'easy win' in drilling technology integration by being transparent about the data they collect.

(Source: Jirsak/Shutterstock.com)

In a world more connected than ever, there are still communication barriers in the oil and gas industry. Whether it’s acquiring, understanding or integrating new technology, operators sometimes lack the amount of data necessary to fully take advantage of their drilling systems.

“Sometimes people will buy a technology, and it’s like getting a gym membership—they think they’re going to lose weight and get muscles just by having it,” said David Reid, CTO and chief marketing officer with NOV Inc.

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Madison Ratcliff

Madison Ratcliff is an associate editor for Hart Energy's editorial team.