Virtual Reality Applied to Product Development in the Oil and Gas Industry: A Brief Review

Abstract

The oil and gas industry has become more competitive and unpredictable, and technology is a route to thrive. Developing solutions for the oil and gas sector entails the incorporation of cutting-edge technology, such as virtual reality. This study examines the role and potential of virtual reality in the oil and gas industry’s product and solution development. The method consisted of a systematic literature review of works published over the past decade and adhered to the PRISMA guidelines. We observed that the use of virtual reality technology presents opportunities for the oil and gas industry since it lowers the costs, mitigates risks, increases production and efficiency, and provides long-term economic viability.