Analysis

From bytes to barrels

The digital transformation in upstream oil and gas

Despite a deluge of digital advancements, upstream oil and gas companies have been slow to seize the opportunity. The prize of going digital is clear, but for most companies, getting there is not easy. A coherent road map could help make sense of the digital muddle and drive more value.

Technological advancements, the falling cost of digitalization, and the ever-widening connectivity of devices are poised to provide a real competition-beating opportunity for upstream O&G companies who leverage the digital revolution effectively. Given the diverse starting points and an array of choices, O&G companies could benefit from a coherent digital transformation roadmap.

The "From bytes to barrels: The digital transformation in upstream oil and gas" report presents Deloitte’s Digital Operations Transformation (DOT) model—a strategic framework that explains the digital journey through 10 stages of evolution.

Key questions this report addresses:

  • How can O&G companies leverage the DOT model to measure digital progression through different stages of evolution?
  • Where do the different upstream segments stand when it comes to digital maturity?
  • What digital behaviors should upstream companies exhibit and embrace for leading the digital disruption?
From bytes to barrels: The digital transformation in upstream oil and gas
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