Oil and Gas

Asset Timing and Transitioning

Lux Research helps innovation leaders in the oil and gas industry determine how long to use their current product portfolio profitably and when the optimal time for asset transition to capitalize on emerging markets is. Lux's team of analysts includes not only experts from the oil and gas industry to provide in-depth domain knowledge, but also experts in other industries to provide unique, broader insights into the entire supply chain.

How We Help Clients

We build market forecasts to help clients understand how quickly vehicles (e.g., auto, marine, and air) will shift away from fossil fuels, including analyses of fleet compositions to predict what their future will look like.
We track technologies that could make alternative use of existing installations. For example, the conversion of an existing refinery to the production of biofuels so that innovation leaders don't need to dismantle existing assets but can use them for new purposes.
Our coverage of digital technologies allows oil and gas companies to understand how other industries are using them and to assess how they can be deployed to increase productivity and reliability.

The Lux Difference

Our technology-first approach enables innovation leaders to realistically evaluate pathways to repurpose or decommission assets. We not only advise on how to change assets but can also provide broad insights into the entire value chain. These perspectives matter because they forecast the future availability of feedstocks and product demand. We tap experts from oil and gas refineries who have the domain knowledge that makes our research special.

Client Outcomes

Gradient glowing light bulb with check mark inside.

We help innovation leaders improve the effectiveness of their portfolio management.

We provide real options and additional investment opportunities that can be acted upon today to enable flexible use of the asset in the future.

Our expertise enables innovation leaders to change the tires while the car is being driven.

Featured Case Study

Case Study

Surveillance of trends in drivers for fuel consumption for an oil and gas company

An oil and gas company asked Lux to help surveille, meter, and measure weak and strong market drivers to create "signposts" for potential disruption emergence for the company's core market to prepare to respond strategically when necessary.

Selected Topics We Cover

AI-Enabled Sensors / Intelligent Sensing

AI Infrastructure

Alternative Manufacturing

Ammonia

Augmented and Virtual Reality

Automated Inspection Systems

Automated Mobile Robots

Biobased Diesel, Aviation, and Marine Fuels

Collaborative Robots (Cobots)

Computer Vision

Data Cleaning

Digital Asset Tracking

Digital Twin Platforms

Driver-Monitoring Systems

Edge Computing

Electric Aviation

Electric Vehicles

Emerging AI Methods

HD Mapping / Lidar Sensors

Industrial Analytics

Inspection Robots

IoT Security

Natural Language Processing / Knowledge Management

Predictive Maintenance

Robotics Hardware

Robotics Applications & Use-Cases

Soft Robotics / Grippers

Synthetic Fuels

Voice Assistants

Worker Monitoring