GEOLINKS International Conference 2019, Book 3

ECOLOGY AND ENVIRONMENTAL STUDIES

ROLE OF DIGITAL TECHNOLOGIES IN THE DEVELOPMENT OF OIL AND GAS INDUSTRIES. ECONOMIC ISSUES OF THE IMPLEMENTATION

Assoc. Prof. Dr. Elena Katysheva

ABSTRACT

Currently, the priority growth areas for the oil and gas industries in Russia are the development of hard-to-recover oil and gas reserves, the development and implementation of innovative technologies for the exploration and production of hydrocarbons in the hard-to-reach regions of Eastern Siberia and the Arctic shelf. Solving these problems calls for intensifying the implementation of information technologies in the oil and gas complex. In the oil and gas industry, there is a global trend towards digital transformation. Companies are mastering a number of key technologies to determine their competitive advantage in years to come. Information technologies allow production cost optimization as well as improvements of workflow, logistics and financial operations efficiency. In particular, the article notes that the use of modern digital technologies can significantly increase the speed and efficiency of geophysical research in the oil and gas complex. Examples of the successful use of IT solutions by domestic oil and gas companies have been provided. Economic and institutional challenges that limit the introducing national software for carrying out geophysical activities in the oil and gas complex have been identified. Prospects for the development of information technologies in other areas of the oil and gas complex, i.e. processing and transportation of oil and gas — have been reviewed.

 

KEYWORDS

oil and gas complex, geophysical researches, software, digital technologies, import substitution.

REFERENCE
GEOLINKS International Conference, Conference Proceedings, ISSN 2603-5472, ISBN 978-619-7495-04-1, ROLE OF DIGITAL TECHNOLOGIES IN THE DEVELOPMENT OF OIL AND GAS INDUSTRIES. ECONOMIC ISSUES OF THE IMPLEMENTATION, 219-225 pp, DOI paper 10.32008/GEOLINKS2019/B1/V1/15