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Virtual Reality in Oil & Gas - Thematic Research

  • ID: 4856539
  • Report
  • October 2019
  • Region: Global
  • 40 pages
  • GlobalData
1h Free Analyst Time

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Virtual Reality in Oil & Gas - Thematic Research

Summary
Virtual reality (VR) provides an interactive experience for oil and gas processes within a simulated environment. A geologist equipped with a VR headset or a video wall can visualize the earth’s subsurface and interpret seismic data using this technology. Similarly, an operator can get a virtual tour of a refinery and understand its layout through VR-powered training modules. This technology presents a superior alternative to images, charts, and schematics in the design and planning of different activities in the oil and gas sector. When a team of geologists, geophysicists, drilling engineers, and technicians are tasked with analyzing vast acres of seismic data for selecting a drilling location, a 3D model of the subsurface can be rendered using VR for observing the terrain, undulations, and fractures in the geologic formation. It creates a virtual walkthrough of the subsurface that can guide decision-makers in evaluating the pros and cons of proceeding with drilling operations.

Scope
  • Overview of the emergence of virtual reality as a theme in the oil and gas industry and its impact on operations.
  • Detailed analysis of the emerging use cases for virtual reality across the oil and gas value chain.
  • A brief overview of the major application areas for virtual reality in the oil and gas industry.
  • Analysis of the virtual reality industry along with its trends across different industry verticals.
Reasons to buy
  • Understand the importance of adopting virtual reality in oil and gas operations.
  • Identify the key applications and trends for the virtual reality theme.
  • A review of some of the case studies highlighting the growing capabilities of virtual reality in addressing business challenges across the oil and gas value chain.
  • Identify and benchmark key oil and gas companies and technology providers based on their exposure to virtual reality theme.
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  • IMPACT OF VIRTUAL REALITY ON THE OIL AND GAS INDUSTRY
  • Virtual reality can facilitate hands-on training within a controlled environment
  • Case studies
  • Equinor uses VR to optimize well planning
  • Saudi Aramco uses VR to improve workforce training
  • Eni SpA designs virtual training system to simulate drilling operations
  • Enbridge deploys VR to diagnose pipeline fitness
  • PLAYERS
  • TECHNOLOGY BRIEFING
  • TRENDS
  • Oil and gas trends
  • Technology trends
  • Macroeconomic trends
  • Regulatory trends
  • INDUSTRY ANALYSIS
  • Market size and growth forecasts
  • Competitive analysis
  • Mergers and acquisitions
  • Timeline
  • VALUE CHAIN
  • Semiconductors
  • Components
  • Headsets
  • Platforms
  • Applications and content
  • COMPANIES
  • Oil and gas companies
  • Technology companies
  • GLOSSARY
  • Appendix: OUR THEMATIC RESEARCH METHODOLOGY
Note: Product cover images may vary from those shown
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