Five Roads to Greater ROI: Applying IoT in Upstream and Midstream Energy

Substantial investment has gone into data technology over the past decade. In shale gas extraction, data from seismic monitoring helps producers adapt their drilling and fracking processes based on a better understanding of the structure of shale basins. Sensors deep in drilling equipment or producing wells send a stream of information that tells producers how equipment is performing. Sensors in pipelines measure stresses and allow operators to perform preventative maintenance or shutdowns.

In today’s market, all that data has one job to do: improve ROI from energy exploration, production and transport. The next big opportunity is to make sense of it all through sophisticated analytics that power real-time decision-making. The same investments can serve a related goal: addressing the talent shortage by making scarce expertise in exploration and production go further.

Read the whitepaper to learn about five key IoT opportunities in Energy.

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