The digital oil field promises lower costs and improved production in times of low energy prices. While lower prices are good for consumers, energy producers are hurting and looking towards technology to save them.
Traditionally well and pipeline data has been gathered manually. Technicians, armed with wrenches and clipboards, record flow rates, adjust valves, measure tank levels, read gauges, and travel to the next site down the supply line. Each round of visits can be expensive in both money and time, as technicians must fix any malfunctions and return to relay their findings. Flow meters, level indicators, and internet-connected well sites are the expected solutions.
The digital oil field combines a number of old and new technologies into a network permitting remote operation of wells, no matter how distant and isolated their locations.
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