How do digital technologies help us predict more reliably and invest more wisely?
The future demand for oil and gas is highly uncertain, with forecasts differing drastically depending on whether global society transitions to a net-zero trajectory or remains on the current path. This uncertainty creates a short-term investment horizon, making it increasingly important to invest with a high likelihood of achieving expected returns.
Given the vast amounts of data we can now access, along with the volume of historical data and learnings available, digital technologies are essential in helping us make sense of it all. These technologies not only provide access to all this information but also help us filter it down to the most relevant data, ensuring we don’t overlook any errors or biases.