The oil and gas industry is one of the largest in the world. It is also one of the most innovative, and there are many ways in which it is embracing new technologies and innovations to increase productivity. One of the most important ways that the industry is changing is through the adoption of automation and digitization. Here are some of the ways in which the oil and gas industry is developing, which could have important implications over the coming years.
Growing Demand for Automation
There is considerable demand for automation in industry, and this is true of the oil and gas industry as well. The Mining Journal wrote in 2015 that demand has increased over the past decade, as reported in Accelerating Science. This includes equipment control, simulator-training, machine guidance systems and more.
One of the big developments over coming years is expected to be the growth of cloud-based services.
1. Growth of the Cloud
Cloud-based services are likely to become increasingly important in the mining industry, much as they are in other industries. The Accelerating Science report suggests that it will have a big impact on mining over the next decade, so this is one area to look out for.
2. Automated Equipment
Another area that will play a large role is the increase of automated equipment that is controlled remotely.
Remote monitoring and control of equipment have obvious safety benefits in the industry. When processes such as drilling and blasting can be controlled remotely, this will allow personnel to stay away from the dangerous environments that they may otherwise have to work in. Instead, they can control the machinery from a control room, and this will provide them with full control without putting themselves at risk.
3. Machinery that Communicates
The whole focus of the Internet of Things (IoT) is that machinery will contain sensors that gather data, and they will then be able to share this data. This will lead to greater accuracy and smaller losses. Sensors will be used to gather data, and this data will be shared across the operation so the machinery will run with greater efficiency, helping to reduce problems.
Laboratory information management systems (LIMS) play a key role in this because they are used to combine data and improve productivity and quality control.
This will bring benefits for companies using the latest machinery from companies like Parker Hydraulics. Such companies are constantly innovating and are always on the cutting-edge to help increase production time
4. Self-Driving Vehicles
Self-driving vehicles are also expected to improve automation as well. Many modern vehicles already include autonomous elements, and the technology is getting better. Self-driving cars have been tested in countries around the world, and there could be 10 million on the road within a few years. It is only a matter of time before the technology makes a big impact on the manufacturing industry and the oil and gas industry is likely to see significant benefits.
An Industry Adopting Automation
Automation is set to affect many industries over the coming years, and the oil and gas industry is already seeing these changes come into effect. As the need to automate becomes greater, and the technology improves, we are likely to see significant progress being made over the coming years.
Aaron Chapman has worked in the oil and gas industry for several years as a mechanical engineer. He enjoys seeing the advancements in new technology and in his spare time, writes articles based upon his knowledge and interests within the field.