Back to McKinsey Chart of the Day

Can you hear me now? Onshore oil industry needs to get better connected

Advanced-connectivity technologies could help oil producers optimize drilling and production throughput, improve maintenance and field operations, and reduce costs. But older onshore wells—and many light tight oil fields, too—are poorly connected.

95% of offshore production is connected by microwave or fiber, which allows telecommunications companies to build 4G networks. However, many mature onshore sites are poorly connected, with 40% of production covered by outdated technology.

To read the article, see “How tapping connectivity in oil and gas can fuel higher performance,” November 6, 2020.