Digital Transformation and Its Role in Oil Production
Dr. Abbas Ali Jumaah ()
American Journal of Accounting, 2025, vol. 7, issue 1, 1 - 33
Abstract:
Purpose: The paper performs an extensive evaluation of production logging tools (PLT) processes while examining small details and assessing shortcomings for maximizing their efficacy in improving oil extraction. The research demonstrates essential functions of production logging tools (PLT) for digital transformation in the oil and gas industry. Materials and Methods: The work establishes the essential linkages between digitalization strategies with problem detection methodologies in addition to cost reduction models and reveals hidden relationships within the petroleum industry. Operation simplification with root strength and weakness assessment and alternative method analysis will lead to enhanced production management and operational efficiency with sustainable solutions integrated into the digital transformation of this industry. The PLT system enables professionals to track down potential reservoir issues before they arise as well as to scan for upcoming well integrity risks and equipment malfunctions. There is considerable scope for climate change and environmental activities but the research shows oil production remained the top priority therefore this study creates new pathways to use PLT as a base for digital oil production transformation. The thesis bridges theoretical analyses and simulation research to present stakeholders with strategic guidance about why, where and how to put PLT into use for enhancing future oil production efficiency and market resource reliability alongside sustainability.
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:bfy:oajacc:v:7:y:2025:i:1:p:1-33:id:2635
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