The Internet of Things is certainly a buzzword in manufacturing of all kinds today. But moves in the oil industry by giant Halliburton signal an attempt at revolutionizing the way this technology might lower costs for consumers while optimizing drilling and production. What might this look like?
Halliburton recently partnered with Microsoft to create a cloud-based exploration and production software for the purpose of enabling real-time data streaming from IoT capable machines in the oil field. The purpose is to produce highly interactive applications when it comes to exploration and production, such as modeling and simulation, so that less time is spent taking a “shot in the dark,” as it were, to drilling. Other technology might include smart oil field management that could continuously monitor gas and send alerts using both fixed and mobile gas detectors. The implications for profit as well as safety are tremendous.
In this initiative, Halliburton joins many other industries hoping to use smart manufacturing strategies to improve efficiency and performance as well as target problems before they arise. These technological advances can join forces with on-the-ground solutions like inline static mixers and heaters to maximize profit and predictability.
For example, an inline static mixer can handle even the thickest slurry without creating a sludge problem and is lined with Teflon or Kynar to ensure handling of even the most corrosive chemical additives without degrading over time. Accurate mixing to the micro-particle level is possible with an inline static mixer. In the future, companies will take advantage of highly innovative processes like the static mixer, while relying on digital advancements to determine best safety and production practices for the industry as a whole.