Our predictive model solution helped lower the carbon footprint and risks associated with climate change
About the Industry
The upstream sector in the energy domain is undergoing a significant transition. The increased implementation of strategic technology has a direct impact on the sustainability of exploration projects. While the environmental concerns and the ecological factors do influence the enterprise-level decision-making, the implementation of the right mix of processes and frameworks delivers optimized business results. The deep-sea exploration of the carbon components demands the solution with an edge. Virtual Reality-based 4-D seismic technology solution has predominantly helped geophysicists and geologists cite exploration sites with maximum potential. As the fourth dimension of this technology is time, analyzing the future financial prospects becomes easy for the industry. The emerging data-driven solution is the industry need, a trend that can help shape the industry’s future.
About the Client
Our client is one of the top US-based oil and gas firms, serving multiple nations with exploration and production services. Offshore field development, feedstock processing, and carbon components marketing are the areas where they have delivered some of the historical performances. To keep pace with the changing market dynamics, the company has followed the concept of regional diversification. They are also venturing into different areas of oil and gas operations for a profitable business expansion.
Our client is a well-known upstream service provider in the energy space. They encountered the following challenges in their production activities:
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