Starting in June of 2014 the oil and gas industry has been experiencing a roller-coaster ride in terms of price volatility and a “lower for longer” market that is looking to become the new normal for the foreseeable future. Cost per barrel of oil equivalent (boe) has become one of the primary metrics that international oil companies (IOC), national oil companies (NOC), and independent E&P firms have focused on managing and reducing, all the while doing so with fewer resources as a result of layoffs during the downturn and “the Great Crew change” of retiring domain experts.

ARC Advisory Group has a developed a brief survey to ascertain the current state of adoption of digital transformation among oil & gas companies and to learn which operational areas and/or applications are benefitting and what, if any, challenges (i.e. technical, cultural, etc.) have been hindering firms from realizing maximum business and/or operational value. In exchange for this effort, ARC will provide all respondents with a free copy of the summary survey results.

ARC thanks you very much in advance for taking this survey and looks forward to sharing the results with you, once the report has been published.

Question Title

* 1. What is your firm’s experience in adoption of digital technologies such as advanced analytics, machine learning, digital twin, remote operations – monitoring and control, etc.?

Question Title

* 2. What major operational areas/applications does your firm anticipate adopting digital technologies in order to optimize operational performance (check all that apply)?

Question Title

* 3. For those conducting POCs or deploying digital technologies, what challenges has your firm experienced that are hindering your firm from realizing maximum business value (check all that apply)?

Question Title

* 4. What is your firm’s outlook in terms of the business investment for Capex over the next 12-24 months?

Question Title

* 5. What is your firm’s outlook in terms of the business investment for Opex over the next 12-24 months?

Question Title

* 6. For those deploying digital technologies today/near future, what is your firm’s outlook in terms of the investment in digital technologies over the next 12-24 months?

Question Title

* 7. How important is it to have other oil and gas firms successfully deploy digital technologies prior to your firm from considering testing or adopting these new technologies?

Question Title

* 8. What segment of the oil and gas market does your firm operate?

Question Title

* 9. Are you an end user, supplier, or involved in the industry in another capacity?

Question Title

* 10. Please describe your function in the organization

Question Title

* 11. What region are your located in?

Question Title

* 12. What is your role?

Question Title

* 13. If you would like to receive a summary of the report findings please provide your name and contact information

0 of 13 answered
 

T