The application of digital technologies within organizations (a.k.a., digital transformation) has been a topic of interest for many in recent years. The potential benefits of these efforts are quite alluring: Create an empowered, data-driven culture that drives innovation Be proactive rather than reactive, managing by exception Create more rapid and agile operations Reduce operational expenses...Read More

In the upstream oil and gas industry, drilling and completing a well is a multi-million dollar undertaking. To reduce risk, operators typically share ownership in wells with other parties—called non-operating working interest partners—to jointly split the expenses and the production (ultimately revenue) that comes from the hydrocarbons over the life of the well. Multiple data...Read More