Data analysis, real-time communication, and cybersecurity are the significant challenges companies face when implementing digitization.
FREMONT, CA: Digital oil has progressed rapidly over the last ten years. Improvements in remote operations, precise geophysical estimation, innovative drilling techniques, and increased safety enabled this.
Many oil and gas corporations changed their research priorities to digital oil field technology due to these developments to examine this contemporary notion. The increased activity in filing patents further supports this.
Digital oilfield technologies, however, also come with their challenges.
Challenges of the digital oil field domain in the future
Despite the development of significant contemporary technologies in the research base and patent intelligence, there are still many obstacles that researchers from these companies are not currently taking into consideration
Analytics of data
A large amount of digital data is retrieved and must be intelligently analyzed to yield useful information. Data retrieval and analysis are ongoing processes requiring careful consideration and the right skill set.
For instance, the data analysis process entails transforming a large amount of data into a cross-sectional form and going outside organizational boundaries.
The oil field needs to digitalize many additional areas in addition to the data analytics difficulty, particularly the disconnected node's information technology architecture.
Due to the use of traditional communication methods, it isn't easy to apply network analysis and optimization methods in the process of digitalizing infrastructure and resources.
Moving enormous amounts of data between these disconnected IT architectures is challenging. To meet the rising need for oilfield digitization, intelligent usage and integration of telecommunication networks are crucial considerations.
The third difficulty in digitalizing oil fields is cybersecurity's potential dangers and weaknesses. And as a countermeasure, one can protect their essential data utilizing security products made available by organizations like McAfee, which protects the data by offering a sufficient level of network protection.