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Transforming the Oil and Gas Industry: Leveraging Business Intelligence for Efficiency Optimization

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Abstract:

This article delves into the economic benefits of digital technology adoption in the oil and gas industry. Using the real-world example of LLC "Enterprise" a company successfully leveraging the "ECO" digital platform with a dynamic digital twin to optimize well construction processes, the article highlights the significant cost reductions achieved in labor, materials, and energy consumption. This is accompanied by enhanced data quality and error prevention. The outcome for LLC "Enterprise" is not only reduced costs but also increased operational efficiency, resulting in substantial profit growth. The article outlines crucial considerations for implementing digital technologies in the oil and gas sector, emphasizing both economic efficiency and the positive impact on product and service quality.

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Periodical:

Applied Mechanics and Materials (Volume 929)

Pages:

165-174

DOI:

https://doi.org/10.4028/p-1dzzfQ

Citation:

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Online since:

December 2025

Authors:

Alsu Anisovna Kadyrgulova*

Keywords:

ECO Platform (Engineering Construction Optimization), Economic Effect, Mobile Digital Twin, Process Optimization, Production Cost

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© 2025 Trans Tech Publications Ltd. All Rights Reserved

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References

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