Is the Oil & Gas Industry Ready for the Cloud?

I recently joined a LinkedIn group called “Intelligent Well and Intelligent Field Development Discussion Group.”  I am by no means an expert in Oil Fields, but the subject of the cloud for the Oil & Gas Industry was so tantalizing that I was drawn in.  We at Invensys have been working with Microsoft on developing automation products specifically for the cloud. The first two to be introduced will be a cloud-based tiered data historian, and a cloud-based BPM (Skelta).