Offshore rig monitoring: A true reflection of IoT

The Internet of Things (IoT) has not left out any industry with its challenges and has paved a way for them to come out with more opportunities.

With its ongoing operations in the onshore transportation of oil and gas, IoT has also embarked its footprints in offshore rig monitoring and brought the challenges of the oil and gas industry as opportunities to grow further says Sanjeev Verma chief executive officer of Biz4Intellia.

When it comes to offshore in the oil and gas industry, monitoring pipelines was a challenge as most of the equipment are below sea level. Various equipment like interconnects, machinery and other expensive equipment around the starting point for a pipeline also need to be inspected regularly.

Although sensors helped in monitoring the malfunctions or discrepancies but instrumenting every feet of pipeline with these sensors was not an efficient or cost-effective solution. To provide maintenance to machinery and subsea pipelines, operators need to have enough understanding of the conditions below sea level.

This is where the need of offshore rig monitoring was a necessity. Let’s see what factors have greatly helped offshore rig monitoring-

  1. Remote monitoring:

Long ago, to check the health of a rig, visual inspection was done. This meant one needed to wait for a particular crack to get it big enough to be seen by a naked eye which was not an ideal solution.

Remote Monitoring plays a vital role in the entire oil and gas industry by providing ultra-sensitive sensors that detect the possible malfunctioning very early and the change in frequency triggers the inspection. The data collected from sensors gets transferred to control rooms for further processing and analysing.

Later on, it gets combined with hind cast weather conditions which gives a deep understanding of the change in frequency and assist in determining a long-term structural integrity management plan. With the help of comprehensive rig monitoring system, an insight into the entire rig is obtained from the site data which improves the accuracy and speed of decision making for a higher level of operational efficiency.

The comprehensive system gives immediate access to rig personnel and critical data that impact the operational performance. 92% of shutdowns are unplanned and downtime is most costly when it’s unexpected. The sudden shutdowns cost oil and gas companies an average of $42 million (€36.52 million) a year and up to $88 million (€76.52 million) a year in worst-case scenario.

Few of the recent observational studies show that worn equipment, broken machines, rusty tanks and other evidence of wear and tear were some of the common attributes that lead to the unplanned shutdowns. With careful monitoring, these unplanned shutdowns can be predicted well before time.

  1. Improved worker safety on site:

Various attributes like caught-in/caught-between/struck-by hazards play a vital role in most of the on-site fatalities in oil and gas extraction. From a statistics report from various sources like from working equipment, moving vehicles, equipment failure, and high-pressure lines show that oil and gas extraction is a very dangerous process with the very hazardous working environment, especially for lone workers.

Sanjeev Verma

None of the industries has encountered more deaths than the oil and gas industry because of fires and explosions. But the implementation of IoT in oil and gas industry has set the standards that prevent fire on drilling sites and injuries related to fire. Workers have access to flame-resistant clothing which prevents them from fire and explosion.

The IoT sensors monitor the asset performance and help in boosting the efficiency of the assets. The data being collected by sensors is used to measure failures, response time, and inconsistencies etc. Not only the rig monitoring system often tells about the location where rigs need to be revised on their condition and maintenance which helps workers to take care of their safety and security. The strategies being followed by the system has resulted in significant cost savings and improved worker safety.

  1. An eye over entire rig:

The key components being used such as sensors collect data related to the oil quality, gas, temperature, humidity, leakage, flow, and many other factors. Further, IoT gateways gather data from sensors and sent further to the cloud.

With IoT and its real-time monitoring feature, one can-

  • Improve compliance-

With integration into real-time data and the worker safety regulations, one can monitor compliance and can demonstrate their adherence to the rules as needed.

  • Predict issues and take proactive action-

After analysing the data across worksites, alerts are sent before they affect workers.

  • Track workers with context awareness-

As geolocation came into existence with the rig monitoring system, one can track the real-time location of worker and can alert them, for example, do not enter into the particular areas/danger zone.

  • Improved operations-

In a situation where disaster is about to happen, one can collect critical data in real-time, so that better rescue operations can be planned further.

Undoubtedly, IoT has played a key role in transforming the offshore Rig Monitoring. Much of the work in Offshore Rig takes place in remote locations where tracking of assets is difficult. But IoT has the power to connect every aspect of the oil and gas operations, resulting in real-time data analytics, predictive maintenance, asset management and health and safety for faster decision making and a safer working environment.

The author of this blog is Sanjeev Verma chief executive officer of Biz4Intellia

Comment on this article below or via Twitter: @IoTNow_OR @jcIoTnow

FEATURED IoT STORIES

9 IoT applications that will change everything

Posted on: September 1, 2021

Whether you are a future-minded CEO, tech-driven CEO or IT leader, you’ve come across the term IoT before. It’s often used alongside superlatives regarding how it will revolutionize the way you work, play, and live. But is it just another buzzword, or is it the as-promised technological holy grail? The truth is that Internet of

Read more

Which IoT Platform 2021? IoT Now Enterprise Buyers’ Guide

Posted on: August 30, 2021

There are several different parts in a complete IoT solution, all of which must work together to get the result needed, write IoT Now Enterprise Buyers’ Guide – Which IoT Platform 2021? authors Robin Duke-Woolley, the CEO and Bill Ingle, a senior analyst, at Beecham Research. Figure 1 shows these parts and, although not all

Read more

CAT-M1 vs NB-IoT – examining the real differences

Posted on: June 21, 2021

As industry players look to provide the next generation of IoT connectivity, two different standards have emerged under release 13 of 3GPP – CAT-M1 and NB-IoT.

Read more

IoT and home automation: What does the future hold?

Posted on: June 10, 2020

Once a dream, iot home automation is slowly but steadily becoming a part of daily lives around the world. In fact, it is believed that the global market for smart home automation will reach $40 billion by 2020.

Read more
RECENT ARTICLES

IoT set to overtake cloud computing as primary Industry 4.0 technology, Inmarsat research reveals

Posted on: October 14, 2021

New research by Inmarsat, the provider of global mobile satellite communications, reveals that investment in the Internet of Things (IoT) is set to overtake cloud computing, next generation security, big data analytics and other digital transformation technologies in the near future.

Read more

IDTechEx looks at the setbacks and explores how to move forward

Posted on: October 14, 2021

Bill Gates backed a Belmont smart city in the Arizona desert little has happened beyond a land purchase. Authorities demand that the Colorado river’s diminishing water supply is unharmed. Arizona suffers historic water shortage. The Southwest and much of the West is suffering from an intense 22-year drought, resulting in increasingly low water levels, dry

Read more