No matter how you look at it, satellite technology’s impact on the machine-to-machine (M2M) market is palpable. The landscape for oil and gas companies has evolved to a point where M2M applications are now used to optimize operations from asset tracking, to communicating remotely with systems all over the globe, to running 24-hour monitoring schedules, while enduring both natural elements and influence from unexpected factors.
The promise of efficiency powered by M2M systems combined with satellite technology is even more significant. It impacts the optimization of processes, enables higher production capacity, enhances security and also helps establish redundancy. A recent study from MarketsandMarkets predicted M2M satellite communications will grow from a $2.98-billion market in 2014 to more than $4.7 billion by 2019 – a CAGR of 9.8 percent. We delve into five key considerations that oil and gas operations need to make in order to harness the power of satellite technology for more efficient operations.
Reliability regardless of location
Mobile Satellite Services (MSS) have become invaluable in addressing the gap between the communications capabilities enabled by GSM backhaul services and VSAT networks. Service reliability is the foremost requirement for successful offshore operations. Oil and gas companies today need to consider private radio, GSM and mobile satellite solutions as part of their overall communications infrastructure. Mobile satellite-based solutions have the resiliency to act as a backup for terrestrial solutions. For geographically remote locations that are not served by terrestrial networks, oil and gas companies can leverage the strength and capacity of L-band networks to enjoy uninterrupted connectivity — even when operating under adverse weather conditions.
24/7 monitoring
Obtaining real-time measurement of how operations are run 24/7 for upstream and midstream including well-head monitoring is highly critical. Oil and gas companies need to be appraised of the status of oil production at any time in order to adjust production capacity where needed. In times of emergencies, real-time monitoring and reporting is vital to keeping operations smooth and identifying causes and factors when things go awry. This enables companies to monitor, diagnose and maintain the operation of their assets — even in the most hazardous environments. Recently, a Thuraya (News - Alert) M2M partner successfully deployed an end-to-end well-head monitoring system for a major Middle East oil company, which uses field equipment based on Thuraya modules as well as a back-end connected over the Thuraya network for added security and redundancy. This enabled the end user to monitor and control their assets in locations where, in the past it was either impossible to do so or the cost of actively monitoring these assets was very high...Read More
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