- The Internet of Things (IoT) and electronic monitoring represents a key solution to both through implanting physical devices with sensors and extending Internet connectivity and communications among physical assets Within the oil and gas industry, IoT devices render real-time data on machinery, pipes, storage and transportation, among other infrastructure, which enables equipment lifespan and production controlling factors to be monitored remotely.
- In addition to targeting efficiency and reduced cost management for fields in decline, digitalization can also help make improved drilling decisions for fields still being explored by tracking oil production in real time.
- Emerging technologies in automation, Artificial Intelligence, IoT and Big Data analytics serve to demonstrate how digitalization can be adopted and integrated to foster efficiencies and cut costs for the management of mature or low-volume fields.
New service from OilVoice
is for companies who need to track their staff in areas of risk.
It's free to use, so we invite you to try it