Digital Oilfield (DOF) Market Size, Emerging Technology and Business Development Opportunities 2017-2022
“Digital Oilfield (DOF) is building association between several processes in the gas & oil. This permits improved monitoring, control and surveillance over the developments in oil production & exploration. The purpose of the digital oilfield is to maximize oilfield recovery, eradicate non-productive time, and raise profitability through the plan and deployment of combined workflows.�
Digital Oilfield (DOF) is building association between several processes in the gas & oil. This permits improved monitoring, control and surveillance over the developments in oil production & exploration. Global DOF market is estimated to grow at a significant CAGR over the forecast period. In the process, manufacture optimization is anticipated to lead the market over the forecast period driven by the demand from oilfield operators targeting low rate crude production. The digital oilfield solutions maintain the Exploration & Production actions of a corporation, providing optimal reservoir management. A classic oil rig produces about 1 Terabyte of data each day and digital oilfield solutions allow a real time monitoring and rapid analysis of Exploration & Production data, resulting fast decision making. Browse Full Research Report @ https://www.millioninsights.com/industry-reports/digital-oilfield-dof-market