How Does Mobile Impact the Oil & Gas Industry?

ChaiOne's picture
Printer-friendly versionPrinter-friendly versionPDF versionPDF version

o&g

Today, oil and gas companies represent the current demanding and challenging environment. These days, the work processes of oil and gas companies are heavily dependent upon automation and control mechanisms to monitor several operational workings and processes like leak detection, cathodic protection, flow measurement, wellhead control, and environmental monitoring.

You must be wondering, “What’s mobile got to do with the oil and gas industry?” Surprisingly, mobile solutions have proven to be increasingly effective in the energy market for increasing productivity, reducing costs, and improving safety. Mobile technology works for both upstream and downstream processes and some companies have already released apps to serve the oil and gas industry. From monitoring oil and gas tank levels to managing the pipeline pressure to the reporting of production emissions, mobile technology does everything.

Mobile Impact

The oil and gas industry has come to realize the importance of mobile solutions. Ten years ago, having access to a dial-up connection was thought to drive better performance. Today, innovative mobile solutions can take care of the environmental impact as well as increase productivity. Take the case of seismic acquisitions: Crews for these purposes increasingly use mobile devices to enhance connectivity and quality control. With mobile solutions, it is easy to process data onboard as well and not be dependent on outside support.

In addition to increasing productivity, new mobile hardware and software solutions can help mitigate costs significantly by reshaping workflows. Whether it is having real-time access to data or communicating with team members in remote locations, mobile solutions make work easier from drilling to production.

How would it feel to monitor the data that is streaming out of the well during drilling? Performing quality checks can be quite easy with mobile-based solutions in the oil and gas industry. Being connected to workers who often work in remote conditions can prove to be economically viable.

More so, as estimates show that the production of this industry has grown 50-fold during the last century, consumption levels have also risen. The consumption, import, and export of oil and gas energy have a direct effect on the respective countries’ economies. The international energy market has OPEC as the backbone that decides stable rates, levels of consumption, and production internationally. The seismic acquisition market has been slowly turning to wireless technologies to increase productivity, bring in more ROI, and decrease costs.

Oil and Gas Industry Statistics

At the global level, the transportation sector will account for about 60% of the rise in demand from 2000 to 2025. It is estimated that by 2015, $168 billion will be spent on enterprise mobile applications and $8 billion will be spent on oil and gas mobile apps. Thus, for oil and gas technology, the future seems to be extremely bright.

In a recent survey conducted by Oil and Gas IQ of CIOs in the oil and gas industry, mobile technology was ranked second of the top ten priorities. Even though 55% of respondents felt it would greatly enhance their operations, only 16% have employed a mobility strategy so far. Currently, only 1/3 of the top 50 oil and gas enterprises have apps.

Challenges

While mobile-based solutions do offer a comprehensive impact on the oil and gas industry, there are various challenges to address as well. Here is a look at some of the difficulties. Ideal mobile solutions will focus on data analysis and support.

1. Security

We do not need to tell you this. At a time when phishing and hacking is becoming the norm, a good security system needs to be deployed while using mobile-based solutions to ensure the protection of data. Organizations have become more cautious about security and thus need to scrutinize the prospective risks that involve individual network users.

2. Privacy

Every Internet user must have heard about what the cloud is by now — and no, we do not mean the stuff we see in the sky. Cloud services have their own cons with one particular concern being privacy. It is risky for data to travel on cloud computing services whose servers are located in other legal jurisdictions. This is particularly true on Androids, which are linked with their OS creators.

3. Location

Think about it: Energy-based companies usually operate in remote areas so the challenge would be in setting up a full working mobile service model in order to avail the services. Some locations do not have server support at all so sustaining that would be of prime importance.

Conclusion

Organizations that build enterprise mobile-based solutions across all the functions of energy companies are likely to reap benefits from these opportunities. The mobile-based device functioning is in the early stages, and there are challenges in quantifying its effect on the energy industries. However, co-innovation in technology will accelerate the results and provide users with more efficient solutions.




4da5f3ce-e201-4eaa-9378-48751564a8d3.png




News Source : How Does Mobile Impact the Oil & Gas Industry?

Copy this html code to your website/blog to embed this press release.