The increasing use of Industrial Internet of Things (IIoT) Solutions in the petroleum industry, has led to a significant increase in the overall turnover for Oil & Gas companies all over the world. The most common use of an Industrial IoT System in the petroleum sector, is for optimizing the pumping activities by real-time monitoring of pump pressure. It can also keep a close check on gas leaks and equipment breakdown. If there are any gas leaks or unexpected breakdowns in the field activities, the Industrial IoT System triggers alarms & notifications are sent to the system engineers. Thus, the well-organized Industrial IoT setup with predictive maintenance in place, helps in improving the operating margins by avoiding unexpected downtime.
Other applications of the IIoT Solution
Considering the Petroleum industry in India, the IIoT System & Solution can be used for the following operational functions:
• Measuring the flow of liquids
• Monitoring evaporation of stored fluids
• Monitoring tank temperatures at various stages of the pumping operation
The use of Industrial IoT Solutions will ensure a high degree of accuracy & enable automation of various operational functions in the Petroleum sector.
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