Technology is a critical catalyst for business performance and competitiveness. Technological innovation helps oil and gas companies become more agile, efficient, and competitive in a rapidly changing market. By using technology to automate processes and improve decision-making, oil and gas companies can reduce operational costs, increase efficiency, improve safety, reduce carbon emission, and gain a competitive edge. Significant investment is needed in human capital and development programs to challenge the status quo and drive a culture of innovation and technology adoption.

Point West’s focused areas of innovation and technology are Smart Field, Reservoir and Geomechanics Diagnostics, Microseismic Imaging, and Distributed Fiber Optic Sensing.