Transforming Oil & Gas Industry with Digital ways of Recordkeeping
Optical character recognition (OCR) with RPA can greatly accelerate the processing of inbound scanned documents with great accuracy.
In the oil and gas industry, at least 90% of all generated data is unstructured, and oilfield still runs on paper. It’s very challenging to extract essential data from land records, well files, and oilfield transactions.
Due to this, in the digital oilfield, those who can leverage a wide range of data types will have the agility, cost efficiency, and insights to thrive. Solve the paper-based data problem with smart automation and put your people to work on more valuable works. Power your business workflows with KTECH’s intelligent document processing to save time. Increase your profits by using smart OCR technology to sustain momentum in the tough markets.
OCR benefits Oil & Gas Industry with data extraction accuracy around 50% and pushes 6x times more efficient document processing for select doc types.
Lower G&A costs
Power up decision-making
Organized data archives
Eliminate errors from mistyped data
Accelerate the billing cycle with automated workflow
Areas Where OCR can be used in the Oil & Gas industry
OCR offers a competitive edge with the critical data you need to accelerate workflows and ends manual data entry with automated document processing and sorting.
Manual data entry demands hours, effort, and sanity—with individuals dedicating their days to document creations and endless forms.
Hard-copy materials aren’t merely inserted into the system. They’re instead turned into interactive files, enabling users to edit, delete, and add new information directly on the pages.
Storing documents is no simple task, with countless files claiming every corner.
All hard-copy content is instantly linked to a preferred text reader.
Power the Digital Oilfield with Smart Data Integration
All hard-copy documents data becomes instantly accessible through digitization with OCR and becomes interactive —scan, open, edit.
KTECH's OCR solution is designed to improve the efficiency and quality of documentation. Our OCR infrastructure can be tailored to enable client organizations to gain full-text analytics based on their legacy documents.
Prepare your organization for digital future KTECH's smart OCR Solutions and gain competitive advantage.