- Functional Applications - Remote Monitoring & Control Systems
- Sensors - Pressure Sensors
- Sensors - Temperature Sensors
- Oil & Gas
- Process Manufacturing
- Process Control & Optimization
Oil and gas producers are doing everything they can to grind through a period of historically low per barrel oil prices. The period has stretched on for more than a year now, with per barrel prices getting as low as $40. With companies struggling to find revenue in this currently high supply low demand market, it has become increasingly important to minimize maintenance and repair costs. A cheap way of monitoring equipment is by installing sensors and sending information to the cloud, an IoT solution to a problem that has existed for generations.
Shell turned to Smart Field technology. It installed thousands of sensors on its equipment, such as valves and pumps. The sensors capture data on temperature, pressure, and other measurements, and sends it out to control centers back on land. Here, engineers read the measurements and monitor production in real time so they can optimize each individual process.
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