IoT intelligence is revolutionizing the Oil and Gas Industry

Oil and Gas industry is on a bumpy ride when it comes to Industrial Internet of Things – loT and Machine to Machine Learning – M2M. With the oil prices dropping significantly,the industry is in a dilemma whether to invest in newer connected technologies or whether to stay put with its current legacy technologies like SCADA, PLC, DCS, HMI Device etc. Here at Biz4Intellia we are helping the industry understand the importance of Oil and Gas loT and the need to implement it now for a sustainable business model. Biz4Intellia’s end-to-end loT platform, Biz4lntellia, helps Oil and Gas companies to connect multiple devices, controllers and sensors, in a real-time manner, and analyze and monitor the data, and then use the learning, to predict an outcome and finally act upon the data. This will enable the industry in decision making in a real-time manner, reduce equipment failure, increase safety, minimize downtime and reduce wastage, and result in end-to-end automation. Irrespective of which part of the Oil and Gas value chain – upstream, midstream or downstream, every sector will eventually have to adopt loT.

The industry has already started realizing the benefit of loT and is picking up adoption. We help the industry transition from legacy to end-to-end wireless automation of systems.
Here are few areas of loT adoption.

Oil extraction rates, mud-return temperature & well pressure

With the combination of these data points the industry can increase efficiency, reduce accidents like underground blowouts, and automated system actions or shutdown, if needed.

Connected end-to-end pipeline

With the vast number of assets in the field of operations, adoption of loT for this business, is an easywin for the 1 industry. With a proper implementation of an loT solution like Biz4Intellia, the industry can benefit of real-time tracking of the asset, trend of utilization of the asset, history of the asset and increase efficiency of the asset. Biz4Intellia’s in-built smart learning engine can help create a sustainable and predictable asset lifecycle management and will enable all assets as part of the same eco-system and not working in silos.

Connected end-to-end pipeline

Equipment health check and preventive maintenance

Less than 3% of data captured from equipment has been really harnessed by the industry, as it rarely reaches the experts on time to analyze and make decisions. With the ability to capture multiple data points from multiple devices simultaneously, and use the combined data sets will help determine the health of equipment and forecast any potential failures. The right use of IoT in this space can lead to increase efficiency, prevent failures and downtimes, and predict productivity.

Smart Asset Remote Tracking & Management

With the vast number of assets in the field of operations, adoption of loT for this business, is an easywin for the 1 ndustry. With a proper implementation of an loT solution like Biz4Intellia, the industry can benefit of real-time tracking of the asset, trend of utilization of the asset, history of the asset and increase efficiency of the asset. Biz4Intellia’s in-built smart learning engine can help create a sustainable and predictable asset lifecycle management and will enable all assets as part of the same eco-system and not working in silos.

Smart Asset Remote Tracking & Management

Maintain a sustainable environment

Being a responsible environment citizen, Oil and Gas industry leverages various technologies to limit any impact to the environment. Industry regulators have also specified the need for better, more accurate and real-time monitoring by the industry to identify any impact to the environment. Implementation of Biz4Intellia IoT solutions will help the industry achieve its corporate social responsibility. With the ability to monitor the assets in a real-time manner and watching data points in conjunction with each other, help predict more accurately potential environmental impact and take timely action. A side benefit of this is to be in compliant with environmental regulations.

Real time tanker/fleet tracking & management

Off-road vehicle sensors, as well as those fitted inside the fleet, can assist a business to maintain real-time tracking of the vehicle locations and vehicle health at all time. The accuracy of this data is very useful for appropriate insight and potential corrective actions.

Real time tanker/fleet tracking & management

Being a responsible environment citizen, Oil and Gas industry leverages various technologies to limit any impact to the environment. Industry regulators have also specified the need for better, more accurate and real-time monitoring by the industry to identify any impact to the environment. Implementation of Biz4Intellia IoT solutions will help the industry achieve its corporate social responsibility. With the ability to monitor the assets in a real-time manner and watching data points in conjunction with each other, help predict more accurately potential environmental impact and take timely action. A side benefit of this is to be in compliant with environmental regulations.