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Smart Industry

Smart Oil and Gas

Like many other industries, the Oil & Gas landscape has changed significantly over the past two decades. Optimizing processes and getting real-time data in complex and remote locations are no longer nice-to-haves, they have evolved into real needs to keep a competitive edge. The particular conditions on which Oil & Gas operations take place make it very difficult to solve these issues with traditional technology solutions, where hard-wired connections would have to span tens of miles, becoming cumbersome, hard to maintain, and cost-prohibitive.

BENEFITS OF SMART IOT ON OIL AND GAS

  • Enable real-time equipment, fleet and environmental conditions monitoring and provide better transparency and control over processes.
  • Allow for timely on-demand equipment maintenance and optimize related cost and effort.
  • Introduce automation, including automated leakage and breakage control.
  • Reduce the negative environmental impact associated with oil and gas production and distribution.
  • Optimize manpower and cut down on non-productive time and downtime.

Smart Sensor On Oil and Gas

Smart Oil and Gas sensor

 

Today’s technology has great potential not only to solve the challenges but also to enhance the performance in this field. Using IoT innovation for oil and gas sector is one of the approaches that receives the most attention and investment.

Sensors

Using the network of IoT sensors for oil and gas extraction and processing helps maintain ongoing control in the supply chain and quickly respond to changes. Sensor-based technology can be leveraged to monitor the pressure in the pipes, oversee the drilling process, machinery conditions and detect leakages. In this industry, the high speed of addressing issues usually translates to billions of dollars in savings.

 

How IoT improves oil and gas monitoring systems

IoT is inherently the first technology to think of when it comes to continuous monitoring and analysis of datum. In this respect, IoT applications in oil and gas industry for system monitoring, management and remote control make a big difference.

First of all, thanks to advancing sensor technology and increasing connectivity options, the management in the oil and gas industry can monitor anything in real-time from the changing sea bed topography, the chemical composition of the crude oil to the integrity of a gas pipeline and tanker fleet positioning. The amplified capabilities of IoT-based monitoring systems can be applied all along the oil and gas supply chain upstream, midstream and downstream.

Secondly, the development of IoT technology brings advanced data analytics and visualization tools to the table. Today, management uses convenient dashboards and can track operations and read measurements on PC or mobile from the comfort of one’s office, so as respond to changes remotely using actuators and controls.