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The OOC Oil & Gas Blockchain Consortium has concluded a blockchain pilot with Data Gumbo for automating water management at the Bakken shale field in North Dakota. The trial was able to reduce process workflow to less than a week, down from 90-120 days. The OOC Consortium consists of ten prominent oil and gas players namely Chevron, ConocoPhillips, Equinor, ExxonMobil, Hess, Marathon Oil, Noble Energy, Pioneer Natural Resources, Shell and Repsol.
