Digital technologies could provide an estimated $9 per barrel of oil equivalent pre-tax cash flow improvement potential across the offshore oil and gas value chain by 2025, according to a McKinsey analysis. The majority of this value comes from advanced analytics, internet of things technologies, and process digitization which could generate around $6.40, $2, and $0.50 per barrel, respectively. The remaining potential comes from smaller improvements in exploration, field development, and other areas.