EXPLORATION • DRILLING • FIELD SERVICES GO WITH THE


FLOW


In an exclusive interview with a technology innovator, Matthew Staff discovers why oil & gas needs to fl ow towards a Silicon Valley state of mind


Wellhead fl ow measurement is becoming a vital part of operations


gas sector, the recent oil price crisis had the potential to be that gamechanger – a fundamental wake-up call for those who believed that digital innovation wasn’t a worthwhile investment. Yet although tweaks have taken place sporadically, and some companies have addressed their effi ciencies, there remains a hesitance to invest in enabling technologies in some quarters – a vulnerable position to adopt while all parallel industries embrace digital development. Oil companies are now being urged to ditch their traditional operating procedures, and instead adopt a ‘Silicon Valley state of mind’. Prior to the oil price crash in the early 2010s, a handsome US$120 per barrel pricing brought an air of invincibility to the sector, and with so much wealth accruing it almost didn’t matter what was fl owing through its pipelines. As those prices halved during the crisis years,


I


n a stereotypically slow-moving industry it can often take a monumental event to force a change in tack and philosophy. For the oil &


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