Oil gas

Disruptive Digital Timeline Oil & Gas

By Seven163
  • 600 BCE

    Oil is discovered by the Chinese

    Oil is discovered by the Chinese
    Oil is discovered by the Chinese in 600 B.C. and transported in pipelines made from bamboo

  • 20th Century Oil becomes an enegry soucre

    20th Century Oil becomes an enegry soucre
    By the 20th centry, oil is now becoming a main enegry soucre.

  • Gas Wins over Kerosene

    Gas Wins over Kerosene
    1919 Gas sales exceeded the sales of Kerosene

  • Enron Scandal takes place

    Enron Scandal takes place
    The Enron scandal, although was more of a financal scandal, it changed how oil and gas companies operated.

  • Technology Enters the Picture

    Technology Enters the Picture
    In the mid to late 90s technology began to creep into the oil and gas industry. These major breakthroughs have come in the fields of horizontal drilling, subsea engineering (especially deep water production), and hydraulic fracturing.

  • IoT will become the future in oil and gas

    IoT will become the future in oil and gas
    Moving into the new phase of technology shows that IoT will become the new wave of technology that will allow companies to automate and streamline certain functions of drilling and more

  • References

    References
    Digital Transformation Oil &Gas
    http://reports.weforum.org/digital-transformation/wp-content/blogs.dir/94/mp/files/pages/files/dti-oil-and-gas-industry-white-paper.pdf) History 101 Oil & Gas
    https://www.infoq.com/articles/digital-transformation-oil-gas