- Tight Gas & Oil
- Gas Hydrates
The move to incorporate more digital technologies into projects comes as the oil and gas industry copes with lower commodity prices.
R&D spending by oil and gas companies fell 15% in 2015 and dropped again in 2016 as overall energy R&D investment also decreased.
The lower for longer mindset requires that the industry shift from a siloed business approach to that of a digital, interconnected oil field.