How Do You Find the One Asset You Need Out of 50,000

A major oilfield services company recently had a problem with their remote site equipment. The problem was that they had a lot of it - 50,000 pieces of drilling and production gear stored in yards across an oil and gas-producing country. Simply knowing where each piece of equipment was so it could be deployed to a job site was a continuing logistical headache.

With patchy cellular service in the oil field, the company turned to Speedcast for an affordable and easily deployable satellite-based solution. Leveraging Speedcast's robust network, IoT expertise and strategic technology partnerships, a solution was designed and deployed. The solution was so good at addressing the customer's complex equipment monitoring needs that the initial order of 10,000 tracking devices grew to 23,000. As a technology-agnostic provider, Speedcast could focus on giving the customer best of breed solutions versus pushing a specific technology or hardware that might not have been the best fit for their operational needs.

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Innovative Oilfield IoT Applications

Given the extreme conditions that fracking and other specialized energy sector equipment endure, Speedcast proposed an IoT solution to tackle vibration challenges and undercover facility functionality. This was a key component of the customer design workshop, which Speedcast hosts for all major deployments to ensure a solution fully meets the customers' needs and pain points. Employing rugged industrial-grade equipment capable of withstanding severe vibrations, integrated with Bluetooth Low Energy (BLE) sensors, has turned out to be extremely valuable for the customer. For example, when a lever is activated, a BLE sensor captures the motion, relaying the data to the central unit and notifying maintenance teams promptly about the opening of a specific silo and its utilization.

The implementation of Speedcast's IoT solutions has revolutionized asset tracking efficiency in the customer's oilfield operations. The company can now monitor the duration of on-site equipment usage and its operational status, which is essential for strategic maintenance planning. This capability has significantly streamlined operational processes, enhancing overall efficiency and enabling better forecasting of work and equipment locations.

Ready to Transform Your Operations?

No matter how many pieces of hardware or equipment you have at your site, Speedcast can help streamline your operations and improve efficiency wherever your site is located.