A balanced planet requires more energy with less carbon. The energy transition to a lower carbon future is arguably the largest and most significant challenge ever contemplated or attempted in the history of our planet. Achieving a balanced planet means our current energy mix must evolve to include more lower- and zero-carbon forms of energy, such as geothermal and hydrogen. Hydrocarbons, however, will still play a critical role for decades to support a secure energy mix, so it is imperative that the industry’s operations decarbonize rapidly.

Digital technology is key to ensuring the reliability and sustainability of today’s energy systems and creating and scaling the energy systems of tomorrow.

Today, the adoption of digital technologies is making a material impact on the oil and gas industry. It is improving efficiency, reducing cycle times from exploration to production, and increasing productivity while lowering costs, reducing risks, minimizing the footprint of operations, and lowering greenhouse gas emissions.

Three key technologies are driving this impact—the cloud, edge, and artificial intelligence (AI).

The cloud represents a genuine technology and business paradigm........

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