Cloud computing in the upstream oil & gas industry : a proposed way forward

Perrons, Robert K. & Hems, Adam (2013) Cloud computing in the upstream oil & gas industry : a proposed way forward. Energy Policy, 56, pp. 732-737.

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Despite the compelling case for moving towards cloud computing, the upstream oil & gas industry faces several technical challenges—most notably, a pronounced emphasis on data security, a reliance on extremely large data sets, and significant legacy investments in information technology infrastructure—that make a full migration to the public cloud difficult at present. Private and hybrid cloud solutions have consequently emerged within the industry to yield as much benefit from cloud-based technologies as possible while working within these constraints. This paper argues, however, that the move to private and hybrid clouds will very likely prove only to be a temporary stepping stone in the industry's technological evolution. By presenting evidence from other market sectors that have faced similar challenges in their journey to the cloud, we propose that enabling technologies and conditions will probably fall into place in a way that makes the public cloud a far more attractive option for the upstream oil & gas industry in the years ahead. The paper concludes with a discussion about the implications of this projected shift towards the public cloud, and calls for more of the industry's services to be offered through cloud-based “apps.”

Impact and interest:

9 citations in Scopus
9 citations in Web of Science®
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ID Code: 57653
Item Type: Journal Article
Refereed: Yes
Keywords: Cloud Computing, Oil & Gas, Apps
DOI: 10.1016/j.enpol.2013.01.016
ISSN: 0301-4215
Subjects: Australian and New Zealand Standard Research Classification > COMMERCE MANAGEMENT TOURISM AND SERVICES (150000) > BUSINESS AND MANAGEMENT (150300) > Business and Management not elsewhere classified (150399)
Divisions: Current > QUT Faculties and Divisions > QUT Business School
Current > Schools > School of Management
Deposited On: 27 Feb 2013 00:11
Last Modified: 12 Jun 2013 15:34

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