Operational Digital Oilfield Solution Market Growth, Trends, Absolute Opportunity and Value Chain 2016-2026
Operational digital oilfield solution is a combination of business process management and advance information technology, with the initiative to maximize oilfield recovery. The new digital oilfield concept will eliminate non-productive time and increase productivity by deploying integrated workflows. Operational digital oilfield market includes "Intelligent Wells" which have fiber-optic sensors buried in the drilling apparatus that are being controlled manually by the operators on site or sometimes controlled automatically through closed loop information systems. These fiber- optic sensors transmit a constant...
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