The New Digital Oil Field: How Information Technology is Helping to Boost Oil Production
"The world isn't running out of oil and natural gas. It is running out of easy oil and gas. And as energy companies drill deeper and hunt in more remote regions and difficult deposits, they're banking on information technology to boost production.
The companies began to employ such technologies more than a decade ago, partly to help its aging workforce multitask remotely. But the technologies have gained speed along with the underlying trends: cheaper computing and communications technology, and a proliferation of data sensors and analytical software."
MP: This is another reason why "peak oil" is "peak idiocy."
HT: Gary Lyle