CNBC
A report by Bain & Company estimated that better data analysis could help oil and gas companies boost production by 6 to 8%. According to Riccardo Bertocco, a partner in Bain's Dallas office, the organizational structure of the typical oil driller can prevent data from flowing freely among decision-makers because the information is handled by three separate groups. "You can't really make integrated field decisions unless you have all pieces of the information," he said.