Worth a mention...

February 28, 2018Oil IT Journal.

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Key Points

To explore the integration of blockchain technology in tight oil economics and wireless completion innovations.
Analysis of NIST guidelines on blockchain applications in energy sectors.
Study of MIT’s economic models for tight oil production.
Evaluation of Tendeka's wireless completion technologies.
Review of Total’s Proof of Concept (PoF) initiatives.
Assessment of Ipcos P&ID method implementations.
Increased transparency and efficiency in oil supply chains using blockchain.
Potential cost reductions in tight oil production through advanced economic models.
Enhanced data transmission and operational efficiency through wireless technologies.

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Examining the role of blockchain and wireless technology in oil economics, indicating potential efficiency gains.

NIST/blockchain. MIT/tight oil economics. Tendeka/wireless completion. Total’s PoF. Ipcos P&ID.

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Neil McNaughton (2018) studied this question.

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