How You Can Upscale Your Oil and Gas Business with IoT?

by Biz4 Intellia IoT Solutions

It is a universal truth that with ‘great power comes great responsibility.’ With the oil and gas industry, this rings even louder. Why? Because this industry has witnessed severe hydrocarbon leaks in the past. The industry related products are prone to gaseous and liquid leaks that can result in explosions, fires, and environmental damages. Such leaks are natural calamities and easily threaten the lives of the general public along with the employees who are present nearby to such fiasco. In fact, the entire environment comes under irreversible threat. The organizational framework experiences severe challenges due to such mishaps. Over the years, different parts of the world have witnessed such disasters!

With the growth in technology, the supply and distribution of related products increased on a global note. It was slowly getting compulsory to introduce safer regulatory framework along with leak detection solutions to prevent episodes of leakage before it is too late.

With effective solutions promised by IoT, it has now become easy to minimize the chances of such natural calamities. With faster leak detecting solutions, one can now get:

1) Real-time Pipeline Leakage Detection

2) Methane Gas Detection

3) Real-time Alert System

4) Remote Area Pipeline Monitoring

Real-time Pipeline Leakage Detection

With real-time pipeline leakage detection, it gets easier for business to detect the possibilities of leakage. This detection helps to control future losses. With IoT monitored sensors, the indication of leakage comes as an alert several minutes earlier than the actual leakage episode. This helps the concerned parties to take instant action that saves the entire process of transferring oil and gas products with utmost safety.

Methane Gas Detection

Methane gas, which could be both natural as well as manmade, is a significant compound of natural gas. It is fuel in the form of gas. It is crucial for methane to be used before it gets leaked in the air. Why? This is because it absorbs the sun’s heat and warms up the environment. An excess of it can get catastrophic. It is considered as a greenhouse gas just like carbon dioxide. Just because it absorbs heat like no other, it is extremely dangerous to the environment. In fact, methane is 84 times more potent than carbon dioxide. Hence through the effective application of IoT, controlling methane in the right way helps to curb the impact of climate.

Real-time Alert System

This not only boosts alertness but also helps in the safe shipment of products related to oil and gas. With topmost data integrity, storage and compliance processes, the protection of sensitive data are no more a challenge. Especially in the industry of oil and gas, a slight delay in sending alerts about an upcoming challenge can fetch unfavorable consequences. But with the boon of IoT solutions, crossing out all the dangers before they harm the population is not a big deal any longer.

Remote Area Pipeline Monitoring

With remote area pipeline monitoring, one can monitor pipelines from anywhere at all. This helps everyone related to the oil and gas pipeline project to understand the current status of the pipeline so that the best of actions could be taken from time to time for the perfect execution of the project.

The above-mentioned solutions are not the only ones that exist. But there are more as well. With fleet monitoring solutions and oil well/tanker monitoring solutions, the oil and gas industry has clearly progressed since the last few years. These solutions are extremely responsive and wipe off any possible challenges that are related to the successful execution of a project.

If any industry is to be considered as the global powerhouse, then it has to be the oil and gas industry. It is that sector which has thousands of brains working for it globally to make it a success. The human intelligence associated with it makes it the most lucrative of all, generating billions of dollars globally each year. In some parts of the world, the oil and gas companies earn so much that they contribute a major amount towards the national GDP. This is not a child’s play and that is why IoT carefully and independently associates the right resources for carrying out the immediate requirements that guarantee to manifest success for the Oil and Gas industry.

Just in case your oil and gas business is struggling to make a mark in the market, then rely on IoT to turn the tables for you in no time. Explore the immense possibilities of the Internet of Things and address the issues related to your operational sector in a budget-oriented fashion.

If you are the owner of Oil and Gas business, then feel free to contact us.