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Why Quantum Computing Remains in Early Stages in the Oil and Gas Industry


Why Quantum Computing Remains in Early Stages in the Oil and Gas Industry
Although quantum computing, or quantum processing, has still not become a reality in the oil and gas industry, it will prove disruptive according to an executive of a Brazilian player.
July 15, 2021
Credit: BNamericas.
Although quantum computing, or quantum processing, has still not become a reality in the oil and gas industry, it will prove disruptive according to an executive of a Brazilian player.
In quantum computers, atomic and subatomic particles are used to store and process data, replacing transistors and semiprocessors of traditional computers.
That creates the potential to carry out complex analyses in seconds for which traditional devices would need years. This power could be used for more-predictive modeling in the oil and gas industry, faster field analysis and more efficient carbon capture. But many challenges remain. ....

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