Digital Transformation of the Russian Oil and Gas Industry: Main Directions and Expected Results

DOI

10.2991/aebmr.k.201205.086How to use a DOI?

Keywords

digital technologies, digital transformation, digital oil field, hard-to-recover reserves

Abstract

The transition to a new technological order, being observed in the last decade, actualized the processes of innovative development of oil and gas companies. The key factor in ensuring effective innovative development is digital technologies, aimed at increasing business profitability and developing fields with hard-to-recover reserves. The article justifies the need for the implementation and use of digital technologies. The article provides statistical data on digital oil fields in Russia, identifies strategic benchmarks for the development of oil and gas companies in the field of digitalization. The expected forecast estimates of the effeciency of the implementation of digital technologies in the oil and gas industry are presented. The conclusion is drawn about ensuring an increase in oil extraction due to digitalization, due to an increase in the design oil recovery factor and hard-to-recover reserves.

Copyright

© 2020, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - A.G. Shigaev
PY  - 2020
DA  - 2020/12/07
TI  - Digital Transformation of the Russian Oil and Gas Industry: Main Directions and Expected Results
BT  - Proceedings of the 2nd International Scientific and Practical Conference on Digital Economy (ISCDE 2020)
PB  - Atlantis Press
SP  - 515
EP  - 521
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.201205.086
DO  - 10.2991/aebmr.k.201205.086
ID  - Shigaev2020
ER  -