Bits, Bytes, and Barrels

The Digital Transformation of Oil and Gas

By: Geoffrey Cann, Rachael Goydan

Narrated by: Paul Boucher

Length: 10 hrs and 33 mins

Publisher's Summary

The oil and gas industry is at a crossroads.

Recent low prices, rapidly growing alternative fuels like renewables, the permanent swing from peak oil to super abundance, shifting consumer preferences, and global pressures to decarbonize suggest a challenged industry for the foreseeable future. Digital advances offer ways to lower costs of production, improve productivity, reduce carbon emissions, and regain public confidence. A wait-and-see attitude to digital innovation has failed many industries already, and the leaders of oil and gas urgently need guidance on how digital both disrupts and enhances their industry. 

Written by the world’s leading experts on the intersection of digital technologies and the oil and gas industry, Bits, Bytes, and Barrels sets out the reasons why adoption is slow, describes the size and scale of both the opportunity and the threat from digital, identifies the key digital technologies and the role that they play in a digital future, and recommends a set of actions for leaders to take to accelerate the adoption of digital in the business. 

Providing an independent and expert perspective, Bits, Bytes, and Barrels addresses the impacts of digital across the breadth of the industry - from onshore to offshore, from upstream to midstream to integrated - and outlines a roadmap to help the decision-makers at all levels of the industry take meaningful action toward promising and rewarding digital adoption.

©2019 Geoffrey Cann and Rachael Goydan (P)2019 Geoffrey Cann and Rachael Goydan

Relevant. Practical. Credible.

This books looks at the “catch-all” term “digital” and breaks it down for the oil, gas and energy sector (across the entire value chain, but element by element). It has specific example applications, and covers readiness and impact of each digital technology (AI, machine learning, blockchain, cyber security, etc.).
Great narrator, also.

Thanks, a excellent book for CEO and advisors

Practical and concise advice about oil and gas. Multiples case study and references. Thanks a lot

Is this book an SAP sales pitch ??

I bought this to gain some insights into the authors perspective of the digital future in Energy. Yet after the preamble, the following chapters are nothing but the advantages of SAP and the Hana upgrade. Was hoping this would be an impartial informative overview . Instead it’s a sales pitch. Disgraceful. Will be asking for my credit back.

A Must Listen for Every Engineer

First of all this book does not JUST apply to Oil & Gas - The Title IMO - should be "The Digital Transformation of Industrial Engineering"
The Oil & Gas / Energy Industry is awash with an absolute plethora of "Buzzwords" Digital Twin - Digital assets - Digitisation - Blockchain - VR - AI - The internet of things, the list goes on and on.
If you need a resource to put it all into perspective - this is the book for you.
A must read for every Engineer young and old - there is an Industrial Revolution happening right beneath our feet.
Read this book to understand why.