Data Driven Oil And Gas USA 2024 TBC, Houston

It’s no secret that oil and gas is a boom-and-bust industry, and with production projected to increase to 13.7 million barrels a day in 2024, it’s currently on the up. But this won’t last forever. The window of opportunity to maximize production, optimize efficiency and take advantage of increased profits is closing quickly, and digital transformation holds the keys to capitalizing on this.

For upstream stakeholders looking to deliver safe, efficient and sustainable energy, data-driven production must be top priority. Yet boardroom resistance to change, innovation fatigue and the complexities of implementation threaten to hold back digitization. To deliver digital transformation and embrace data-driven innovation, industry stakeholders must provide evidence of ROI to the industry’s purse string holders and secure budget for future projects.

Those who fail to tackle these challenges urgently and collaboratively risk falling behind in the race to innovate, and ultimately, lose market share.

Reuters Events: Data Driven Oil and Gas USA 2024 is the go-to global meeting point for upstream’s digital visionaries, where 400+ major and independent operators, service companies, global tech giants, and innovative startups will foster solutions-oriented dialogue, form commercial relationships, and share business-critical strategies to overcome progress blockers and propel the upstream digital transformation.