Oct 10: There is also the fear among E&P companies of being left out of this big technological revolution. There is also the apprehension that if they do not embrace the revolution, their cost matrices may not measure up to hose of their more agile peers.
8Keeping this in mind, ONGC has decided to test out a model digitalization programme in Mumbai High
8A select set of well head platforms for optimization of gas lift wells and gas injection volume, thereby pushing up operational efficiencies.
8"We will use the best technology that is available," a top ONGC official told this website.
8It seems ONGC is willing to try out everything: from advanced analytics to improve drilling operations to harnessing previously unconnected or manualized pattern spotting by using monitors to anticipating unexpected downhole events, improving well placements, and foreseegi equipment failures.
8For ONGC, this is the first tentative step forward into the bold new digital world.
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