Clouds are Forming Around the Upstream Sector, and That’s a Good Thing

Topics: Data and information management Drilling Facilities planning and maintenance Production and well operations
Since 2009, global spend on cloud technology has outpaced that of conventional IT infrastructure by 4.5 times. This trend is now becoming clearer to see in the oil and gas business. Source: Getty

The oil and gas business knows that it is on the slow track when it comes to leveraging many of the latest digital technologies. However, this may be a bit of an overstatement when discussing the influence of cloud computing—which allows businesses to crunch data faster than ever before thanks to a nearly unlimited ability to scale up processing power.

Fatima Alsubhi is the chief executive officer of Certis Information Services, a Houston-based information management firm that has helped some of the biggest names in the oil field transition their data and files into the cloud. That experience tells her that cloud platforms are well on their way to becoming the norm in the upstream business, comparable to how advanced oilfield software became mainstream years ago.

“If someone says they increased reliability by 10%, you know part of that is because of the use of software—and now it’s the same thing happening with the cloud,” she explained, adding that the early adopters no longer see cloud services as simply rented server space.

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Clouds are Forming Around the Upstream Sector, and That’s a Good Thing

Trent Jacobs, JPT Digital Editor

01 September 2017

Volume: 69 | Issue: 9