William Bone, Jeff Wacker, Paul Helm, and Doug Hanson. Drill bits and bytes of tomorrow

The world is approaching the point where oil production won’t keep up with demand. Indeed, some experts believe that roughly half of the globe’s available supply of oil has already been produced and most generally agree there are no major sources of cheap oil left. The industry faces the challenge of finding and processing new oil and gas reserves while improving returns from existing reserves.
William Bone, Fellow & Chief Technologist, Manufacturing Industry Group, HP Enterprise Services; Jeff Wacker, Fellow & Futurist, HP Enterprise Services; Paul Helm, Director, Global Oil & Gas Industry, HP Enterprise Business, and Doug Hanson, Director, Global Energy & Resource Industries - HP, explain the key role that digital technology will play in meeting this challenge.
Many potential new sources for oil and natural gas are located in regions that are political or legally unstable, or are technically challenged. In the future, companies that are able to cultivate hard-to-reach oil reserves will have a competitive advantage.