Virtual Reality in Oil & Gas - Thematic Research

Virtual Reality in Oil & Gas - Thematic Research

  • October 2019 •
  • 40 pages •
  • Report ID: 5827508 •
  • Format: PDF
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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