Consulting

The O&G industry is being disrupted at multiple levels by changes in the global energy landscape, business and operating models, and geopolitical order. Such a confluence of elements occurs at the moment when a technological revolution is also underway. Artificial Intelligence (AI) – a critical enabling technology of the digital transformation revolution – now comprise an integral part of our day to day lives and become a critical success factor for businesses across all industries. 

For the O&G companies, embracing AI has enormous potential for enhancing operational efficiency and capturing new insights that can unlock higher value. In the E&P sector, for instance, it is already possible to see the real value of AI to better harness subsurface data and transform the geologic and geophysical (G&G) workflow.

Kognitus has an in-depth understanding of what AI means for E&P and knows the critical challenges to ensure an effective insertion of AI technologies in the mainstream of the subsurface data analysis workflow. Some of the challenges are related to subsurface data’s very nature (sparsity, uncertainty, spatial dependence, and complicated physics background). Still, most of them are more related to the business, operational, and technology context of the O&G industry, such as the prevalence of domain data silos, shortage of data science skills, lack of domain-specific data science platforms, and difficulty of deploying ML solutions in a timely and reliable way.

Kognitus supports E&P teams to build a data science strategy to turn cutting-edge AI technology into transformative business solutions. We assist E&P experts, managers, and executives in developing capabilities that allow them to deploy AI technologies and identifying, prioritizing, and implementing high-impact use cases. 

To accelerate digital transformation in O&G companies, Kognitus developed DigitalSprint®, a training and mentoring platform that integrates and enhances elements of Design Sprint, Lean Startup, Hackathon, and Agile methods and processes.

With DigitalSprint innovative approach, O&G companies can identify rapid deployment/high ROI solutions, reduce the time elapsed from idea to product, provide a development base for O&G professionals and promote team engagement and practical cross-business cooperation.