Takeaways from the Offshore Technology Conference 2013
Keywords: Digital Oilfield, Drilling Optimization Systems, Oilfield Operations Management, Multi-Phase Flow Metering, Artificial Lift Optimization, Leak Detection, Water Management.
The recent Offshore Technology Conference (OTC) in Houston, Texas attracted over 100,000 registered attendees, the second highest number in the event's history. More than 2,700 companies exhibited at the event, where ARC Advisory Group observed an impressive degree of energy, enthusiasm and optimism about the current and future state of the industry.
With upstream companies today investing hundreds of billions of dollars annually in offshore oil & gas exploration, development, and production, ARC's goal in attending the event was to gain a better understanding of the technology trends and innovations that currently impact this important sector.
Focus on Operations Management Systems for the Digital Oilfield
Many technology suppliers exhibiting at OTC demonstrated their operations management systems in support of the emerging digital oilfield. The solutions from major suppliers address a wide variety of critical applications.
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