{"id":2931,"date":"2016-12-28T08:36:25","date_gmt":"2016-12-28T03:06:25","guid":{"rendered":"http:\/\/www.allerin.com\/blog\/?p=2931"},"modified":"2016-12-24T14:49:39","modified_gmt":"2016-12-24T09:19:39","slug":"whats-iot-doing-in-oil-gas","status":"publish","type":"post","link":"https:\/\/www.allerin.com\/blog\/whats-iot-doing-in-oil-gas\/","title":{"rendered":"What&#8217;s IoT doing in Oil &#038; Gas?"},"content":{"rendered":"<p><a href=\"http:\/\/www.allerin.com\/wp-blog\/wp-content\/uploads\/2016\/12\/oil-and-gas.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-3022\" src=\"http:\/\/www.allerin.com\/wp-blog\/wp-content\/uploads\/2016\/12\/oil-and-gas.jpg\" alt=\"\" width=\"770\" height=\"513\" srcset=\"https:\/\/www.allerin.com\/blog\/wp-content\/uploads\/2016\/12\/oil-and-gas.jpg 770w, https:\/\/www.allerin.com\/blog\/wp-content\/uploads\/2016\/12\/oil-and-gas-300x200.jpg 300w, https:\/\/www.allerin.com\/blog\/wp-content\/uploads\/2016\/12\/oil-and-gas-768x512.jpg 768w\" sizes=\"auto, (max-width: 770px) 100vw, 770px\" \/><\/a><\/p>\n<p>Also, the shortage of skilled labor has driven industry experts to discover smarter alternatives that can bring automation in business processes and minimize the need for workforce dependency.<\/p>\n<h6><\/h6>\n<p>With the advent of IoT in Oil &amp; Gas industry (O&amp;G), it has been highly automated and connected. Internet of Things has touched nearly every area of O&amp;G operations and customer engagement. IoT is generating new opportunities for O&amp;G companies to achieve safety, efficiency, and visibility across the enterprise. IoT has transformed several facets of O&amp;G like evolving the market and environmental conditions and reducing the possibilities of failures and delays.<\/p>\n<h6><\/h6>\n<p>IoT is at the heart O&amp;G industry\u2019s transformation. It connects assets, people, products, and services to streamline the flow of information. Also, it enables real-time decisions, heightens asset performance, improves process and product quality, and opens up new opportunities for the industry.<\/p>\n<h6><\/h6>\n<p>Leading O&amp;G companies now are investing billions to implement IoT. In return, IoT provides them with increased asset uptime, efficient predictive maintenance, reduced cost of compliance, and increased return on innovation.<\/p>\n<h6><\/h6>\n<p>Let\u2019s take a look how <a href=\"https:\/\/www.allerin.com\/services\/iot\" target=\"_blank\">IoT-enabled sensors can drive production<\/a> efficiencies for O&amp;G companies:<\/p>\n<ul>\n<li>Sensors on drilling machines<\/li>\n<li>Interconnected devices and data<\/li>\n<li>Sensor data, linked with Enterprise Resource Planning (ERP) systems<\/li>\n<li>Safety data from sensors<\/li>\n<li>Sensors mounted on equipment<\/li>\n<\/ul>\n<p>IoT-enabled devices and systems are facilitating efficient O&amp;G operations, with minimum human intervention. It provides higher value than traditional technology and automation. Correct <a href=\"http:\/\/www.allerin.com\/contact\" target=\"_blank\">implementation of IoT solution<\/a> has the potential to introduce efficiencies in upstream, midstream, and downstream operations. IoT sensors deployed across the machinery can bring in the much-needed visibility and workplace safety, with better control and maintenance of assets.<\/p>\n<h6><\/h6>\n<p>Several organizations are using IoT-enabled sensors and devices to monitor all the operations remotely, and improve end-to-end processes. Also, these sensors generate huge volumes of data, which is used to analyze and improve operations.<\/p>\n<h6><\/h6>\n<p>Let\u2019s take a look at some benefits of using IoT in O&amp;G industry.<\/p>\n<h6><\/h6>\n<h1>1.\u00a0\u00a0\u00a0 Operational Integrity<\/h1>\n<p>IoT facilitates operation integrity by providing:<\/p>\n<ul>\n<li>Predictive maintenance<\/li>\n<li>Pipeline and equipment monitoring<\/li>\n<li>Emissions monitoring<\/li>\n<li>Control and release management<\/li>\n<li>Location intelligence<\/li>\n<\/ul>\n<h1>2.\u00a0\u00a0\u00a0 Effective Upstream and Downstream Operations<\/h1>\n<p>IoT enhances the upstream and downstream operations by providing:<\/p>\n<ul>\n<li>Real-time machine and sensor integration<\/li>\n<li>Real-time alerts maintenance workflow<\/li>\n<li>Dashboards and trend analysis<\/li>\n<li>Network of asset information<\/li>\n<\/ul>\n<h1>3.\u00a0\u00a0\u00a0 Customer Loyalty<\/h1>\n<p>IoT increases customer loyalty by providing:<\/p>\n<ul>\n<li>Connected cars and businesses<\/li>\n<li>Energy consumption profiles<\/li>\n<li>Smart appliances<\/li>\n<\/ul>\n<p>A recent Cisco study showed that an O&amp;G company with $50 billion in annual revenue had increased its profits by nearly $1 billion. Thus, <a href=\"http:\/\/www.allerin.com\/contact\" target=\"_blank\">utilization of IoT in O&amp;G industries<\/a> is generating never before anticipated opportunities and value.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Also, the shortage of skilled labor has driven industry experts to discover smarter alternatives that can bring automation in business processes and minimize the need for workforce dependency. With the&#8230;<\/p>\n","protected":false},"author":1,"featured_media":3022,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[125],"tags":[113,238],"class_list":["post-2931","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-iot","tag-internet-of-things","tag-iot-in-oil-gas"],"_links":{"self":[{"href":"https:\/\/www.allerin.com\/blog\/wp-json\/wp\/v2\/posts\/2931","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.allerin.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.allerin.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.allerin.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.allerin.com\/blog\/wp-json\/wp\/v2\/comments?post=2931"}],"version-history":[{"count":14,"href":"https:\/\/www.allerin.com\/blog\/wp-json\/wp\/v2\/posts\/2931\/revisions"}],"predecessor-version":[{"id":3008,"href":"https:\/\/www.allerin.com\/blog\/wp-json\/wp\/v2\/posts\/2931\/revisions\/3008"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.allerin.com\/blog\/wp-json\/wp\/v2\/media\/3022"}],"wp:attachment":[{"href":"https:\/\/www.allerin.com\/blog\/wp-json\/wp\/v2\/media?parent=2931"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.allerin.com\/blog\/wp-json\/wp\/v2\/categories?post=2931"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.allerin.com\/blog\/wp-json\/wp\/v2\/tags?post=2931"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}