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IoT will be widely adopted in upstream oil & gas because it can significantly improve operational performance. But it will not substantially disrupt core exploration and production processes, which are dictated by science and engineering.


  • IoT is still at an early stage of adoption in upstream oil & gas, but there is a high likelihood that IoT will be widely adopted because of its ability to deliver the kinds of operating and production efficiencies that E&P companies urgently need to accomplish.

Features and Benefits

  • Explains why IoT adoption is one of the most important tools that upstream oil & gas companies can use to deal with the crude oil crisis.
  • Assesses the combination of market forces and technology advances that favor IoT adoption in upstream oil & gas.

Key questions answered

  • How do the fundamental economics of oil & gas favor adoption of Internet of Things technologies?
  • Within the upstream oil & gas industry, where are the greatest opportunities for IoT?

Table of contents

Ovum view

  • Summary
  • The crude oil crisis drives a need for IoT technologies
  • Cultural and technical barriers must be overcome
  • The IoT can enable crucial process improvements
  • IoT complexity currently favors large vendors


  • Further reading
  • Author

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