Digital oil production: priority areas of development

Abstract

The modern oil industry is the most technologized, its production and management activities are associated with the collection, storage, processing and transmission of large amounts of data. The purpose of the research conducted by the author is to analyze the role of digital technologies in the activities of vertically integrated oil companies. The object of research is the use of innovative digital technologies in oil production. The subject of the study is the priority directions of the development of digital technologies in oil production. The research methodology includes various general scientific and private scientific methods for assessing the role of digital technologies used in oil production in the country and identifying priority areas for their development. The results of the study. This article presents an assessment of the use of digital technologies in oil production in modern conditions. The results obtained can be used by economists to provide a predictive assessment of the use of digital technologies in the activities of the vertically integrated oil companies, as well as to conduct scientific research on the stated problems.