Last week, Geoforce attended the Metroplex Technology Business Council’s monthly Internet of Things (IoT) Symposium. The theme was “The Connected Oil and Gas Field”, and speakers from Verizon Wireless, Numerex, PetroCloud, Compass Intelligence, and AT&T led discussions about the Internet of Things, data collection and analysis, and network connectivity in the oil patch.
The keynote was delivered by Sha-Chelle Manning, the Director of Corporate Innovation at one of Geoforce’s customers, Irving, Texas-based Pioneer Natural Resources. Ms. Manning used current case studies, historical tidbits, and many anecdotes to illustrate how Pioneer has become more cost effective in the connected oilfield by improving their productivity and decision making.
Like we discussed in an earlier blog, Ms. Manning referenced the Great Crew Change in oil and gas as something that will profoundly impact future technology adoption and utilization. She also asserted that enabling a more “automated” oilfield, while eliminating onsite activities and increasing real-time situational awareness, would be one of the oil and gas industry’s greatest ongoing challenges.
When asked to discuss specific challenges for her team, she mentioned:
1. Poor network connectivity in the field, as just getting a connection in the extremely remote areas oilfield companies operate in is difficult. She also noted that the cost to get bandwidth to the remote oil patch can be as much as 25 times the cost for regular consumers.
2. Logistical planning, for things like route optimization and shipping.
3. Downtime of equipment and other resources.
Geoforce works with Pioneer to try to solve many of these challenges and bring some order to the often chaotic oilfield. For instance:
•Our battery-powered GPS tracking devices, including the world’s only IECEx/ATEX Zone 0 certified device, the GT1 Global Asset Tracker, operate via “always-connected” global satellite networks and are thus deployed in some of the remotest parts of the world.
• Many of our solutions, including our Track and Trace software application, Rental Manager, and Compliance Manager, help companies like Pioneer minimize downtime and risk, and, generally, operate more efficiently.
Geoforce has built and is continuing to grow the world’s largest network of connected oilfield equipment. We are happy to have participated in last week’s “The Connected Oil and Gas Field” symposium and look forward to working with both technology providers and technology users (like Pioneer) in the quest to make the oilfield even more connected.