Presented by:
Editor's note: The full version of this article originally appeared in the May issue of E&P Plus.
Subscribe to the digital newsletter here.
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.
Click here to read the full "Digital Journey Guide" cover story, featuring in-depth interviews with Chevron, Devon Energy and Hibernia Resources, in the May issue of E&P Plus.
Recommended Reading
Exclusive: EQT Set to Benefit from AI Growth in Appalachia
2024-10-01 - An ample supply of natural gas is available in Appalachia, making it a perfect place for AI data centers to settle down and take root. EQT plans on pouncing on the opportunity, said Will Jordan, EQT's executive vice president and general counsel, at Gastech 2024.
Air Products Closes Sale of LNG Business to Honeywell for $1.81B
2024-10-01 - Air Products’ sale of its LNG process technology and equipment business to Honeywell will allow the company to focus on its industrial gases and hydrogen businesses.
Oil Prices Jump 4% on Reports of Iran Preparing to Attack Israel
2024-10-01 - An Israeli attack on Iranian oil production or export facilities could cause a material disruption, potentially more than a 1 MMbbl/d.
Warmer-than-average US Temps to Pressure Gas Demand Side
2024-09-30 - Higher U.S. temperatures are expected to pressure gas demand for gas-fired electricity, according to a report from Rystad Energy.
New Fortress ships Mexico's first LNG cargo for export
2024-09-30 - U.S. energy infrastructure company New Fortress Energy on Sept. 30 shipped the first export of LNG from Mexico, following the inauguration of output at its floating facility off the country's coast, the company said.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.