ENTELEC is the world’s leading energy operator member association. At their latest conference and expo on August 10-11, we were invited to participate in a panel with thought leaders from Chevron, Orbiwise, MultiTech, and Oxit on a panel titled “LoRaWAN®: a Digital Revolution for Oil & Gas”.
Like many other industries, the Oil & Gas landscape has changed significantly over the past two decades. Optimizing processes and getting real-time data in complex and remote locations are no longer nice-to-haves, they have evolved into real needs to keep a competitive edge.
The particular conditions on which Oil & Gas operations take place make it very difficult to solve these issues with traditional technology solutions, where hard-wired connections would have to span tens of miles, becoming cumbersome, hard to maintain, and cost-prohibitive.
Here’s where Digital Transformation comes in: disruptive technologies like LoRaWAN® are facilitating the digitization of the industry where legacy tech would not work or not meet the necessary compliance requirements.
And this is where LoRaWAN® truly shines: wirelessly, with a range of up to 15 kilometers and low power consumption allowing for years worth of battery life - added to a no-code approach - it makes implementing unobtrusive monitoring a breeze. The use cases are limitless and they are already deployed in many successful implementations all over the world. From pump and valve monitoring to pressure and temperature sensing, as well as human safety. With fast deployment times and the ability to easily scale from PoC to production, the results start piling up quickly, leading to easily measurable ROI with significantly lesser impact on CAPEX than traditional solutions would warrant.