A review on Economic Analysis of Digital Oil Fields (DOF)

This review examines the economic implications of digital oilfields (DOFs) in the oil and gas industry and highlights the transformative potential of digital technologies. As companies face intense global competition and rising operating costs, integrating advanced technologies such as artificial intelligence, the Internet of Things (IoT) and cloud computing is emerging as a strategic solution. The paper discusses how to increase operational efficiency, reduce downtime through predictive maintenance, and optimize resource management. Case studies, including Shell’s Smart Fields initiative and BP’s Future Field Program, demonstrate significant cost and profit savings from digital transformation. In addition, the review examines the environmental sustainability benefits associated with the adoption of these technologies, highlighting their role in reducing carbon emissions. Finally, the findings underscore the critical importance of digitalization in increasing economic value and fostering a more sustainable future for the oil and gas sector.

کلیدواژه ها:

Digital Oil Field ، Artificial Intelligence (AI) ، Internet of Things (IoT) ، Petroleum Industry ، Operational Efficiency ، Economic Impact