The upstream industry is facing the daunting challenge of producing secure, sustainable and affordable energy for the world’s current and future needs.

Innovative digital geoscience, petroleum engineering, process simulation and advanced process control solutions can help optimize operations, increase confidence in reserves estimation, minimize risk and reduce emissions.

This paper discusses the main challenges facing the energy upstream market, including:

• Ensuring energy security: Upstream companies must ensure that energy sources are available in sufficient amounts, reliable, affordable and accessible.
• Enabling energy transition: A global industry target of achieving net zero carbon emissions by 2050 is putting pressure on energy producers to move faster to reduce their carbon footprint.
• Optimizing operational efficiencies and costs: Upstream companies are finding effective ways to reduce costs, with a positive spillover effect on safety, carbon emissions and production outcomes.

Download this executive brief to learn about digital solution initiatives available to address these challenges, while also reducing emissions, mitigating geologic risks and accelerating field development strategy.