The impact of information and communications technology on the oil and gas sector has been stated that the use of an integrated system in the oil and gas sector has significantly improved the safety, reliability and efficiency of production. It has also been reported that the technology has also made it easier and cheaper to monitor various activities across a complex oil or gas project and respond accordingly instantly.
The need for employees in the upstream oil and gas industry to work on increasing complex, large-scale projects major producers are adopting to high-tech solutions to improve safety, efficiency and reliability. The digital oil field which has been evaluated nearly five years encompasses everything from gas leak detection to real-time production calculations. This technology will be helping to streamlining the data received from different data streams and help bridge the chronic skills deficit in the sector.
The iStore is one of a number of software and hardware firms that have grown over the past two decades in response to increased demand for IT specifically designed for the oil industry. As production technology in the industry becomes more sophisticated, geophysicists no longer hand contour structure maps and maintain physical well files.. One of iStore’s customers, a major oil and gas firm, has a series of business units across the globe. Each unit deals with completely different production and distribution techniques for liquefied natural gas (LNG), deep-water oil and even shale oil and gas. Using bespoke software, the information produced at each field can be accessed in real time, from anywhere in the world on a single platform, from any device.
The use of an integrated system can also radically improve the safety, reliability and efficiency of production where it is used. They make the operators feels safe. Gas detection systems informs the operators to immediately remove personnel from the area if there is any threat. Early detection systems improves protection and safety.
The wireless network passes data gathered from monitoring units across the project to a central hub. It is then processed and accessed from a central program on computers running Microsoft Windows operating systems and bespoke Honeywell software.
The company will also provide handheld computers to allow workers at the field to communicate directly with a central operations room and wireless gas detectors. This will ensure that any leaks are detected instantly and staff can be removed from danger. Honeywell is also training staff in operating the systems being installed through a series of simulations.
The Digital Oil Field(DOF) market has been segmented into: by device, by service, and by geography exclusively. The devices that are used in DOF were analyzed and categorized into various types, such as remote terminal unit, analog and digital input/output modules, and gateway and others. The market is also segmented into various services such as automation & instrumentation and IT services. Each of these segments is analyzed in depth to provide a comprehensive analysis of the DOF market. Few of the companies that are profiled in this include Baker, Huawei, Siemens and Honeywell and others.
PETER SALISBURY(2011). 4/1/2011, Vol. 55 Issue 13, p27-28. 2p. http://www.meed.com/ [Accessed 19 June 2018]
“Research and Markets Offers Report: Digital Oil-Field (DOF) Market Analysis and Forecast (2014 – 2020).” Wireless News, 17 Aug. 2015. Available: http://link.galegroup.com/apps/doc/A425638956/ITOF?u=salcal2&sid=ITOF&xid=182010b3. [Accessed 19 June 2018].