Using iBPM to Extend the Value of Digital Oilfield in the Oil & Gas Industry
For decades, the oil and gas industry has waxed and waned with the cyclicality of technological advances afforded by the digital revolution. The promise of the Digital Oilfield has been written about and theorized, but despite the auspicious signs of its inevitable arrival, implementation of such intelligent systems has long since stagnated and stalled as our gaze has shifted to focusing on one facet of this digital revolution: the technology. We can broadly define the Digital Oilfield as the orchestration of disciplines, data, engineering applications, and work integration that is fully supported by digital automation. Thus far, this promise has remained elusive, leaving this impending utopia promising effective work processes and streamlined workflows, automation, and predictability; mere fantasy.