E&P Plus Cover Story: Digitalization—A Guide to Building a Legacy

Industry leaders Chevron, Devon Energy and Hibernia Resources showcase how the integration of intelligent infrastructure can be a transformative business strategy for long-term success.

Devon employees use rich data visualizations to make wellsite decisions, improving operational efficiency. (Source: Devon Energy)

The oil and gas industry has reached another tipping point, and staying innovative has become imperative to building resiliency. The challenges brought on by the pandemic have taught industry leaders that even the smallest digital steps can be transformative.

While consistency has never been a term synonymous with the oil and gas industry due to fluctuating prices, some leaders have mastered coexisting with unpredictability. Some have not. And an elite group of others have uncovered the golden nugget to surviving through it all: digital innovation.

Industry heavyweights Chevron Corp. and Devon Energy Corp. and newcomer Hibernia Resources III LLC have accelerated their organizations by prioritizing a strong digital strategy. By investing in advanced analytical functionalities to produce new insights and optimize operations, these upstream players have established valuable roadmaps for digitizing at any scale.

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Mary Holcomb

Mary Holcomb is an Associate Editor for HartEnergy.com's Digital News Group. She contributes to the company’s technology-based content such as subsea, seismic, digital oilfield, etc.