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Oil and gas companies in Singapore are always on the lookout for new ways to be more efficient. Oil is a finite resource, newly discovered oil reserves are becoming harder to find every year, Best Oil and gas companies in Singapore have to expend more resources searching for oil than they used to. The oil companies need oil now more than ever before, so oil production needs to increase simply by working smarter instead of harder.
How can oil and gas production become more efficient?
The following are some suggested ways how you can make your oil business more efficient:
- Use satellite imaging technology:- There are many types of oil well surveillance tools available today that use satellite imaging technology. These survey devices will allow oil companies managers monitor their current wells as as potential future sites using real time monitoring of oil production facilities.
- Use oil well software:- Oil well software can provide oil companies with a powerful platform to monitor oil production facilities. For example, oil companies can use oil flow meters to detect problems before they cause major damage, oil companies can use oil well software to optimize their energy usage and reduce their carbon footprint.
- Use EDRM surveys:- Supervisors often have limited time to conduct inspections at oil wells throughout the day or week due they have simple logistical limitations such as being away from basecamp. This is where EDRM (electronic data room management) surveys come into play: oil and gas surveyors conducting onsite inspections of oil rigs can take photos and videos of all aspects of an oil facility using laptops or other mobile devices instead of being tied down to oil company basecamp. When oil surveyors return to basecamp, they can upload their logs into oil well software for oil companies to monitor using the latest oil well surveillance technology.
- Use oil well borehole imaging:- Oil companies can use oilwellboreimaging software to monitor oil production facilities and look for problems that could lead to oil leaks or worse. The oilfield service industry is now able to do real time monitoring of oil production facilities by looking at images captured from inside the actual wells where oil accumulates. By doing this, oil companies can work together with their clients, contractors and suppliers to prevent any possible setbacks in energy delivery before it's too late.
Image source:- istockphoto
A brief history of oil and gas companies
Oil and gas companies have been around for a while. They were initially oil-producing or oil-drilling operations, depending on what country they were in. It was the oil that became serviced by these companies. In the 20th century, oil found its way from being a commodity prized by oil producing countries to an asset for oil-producing countries to use as a channel of wealth distribution. In other words, oil became a tool of political power.
In the mid-20th century, oil and gas companies merged together with other types of gas and oil-based services such as pipeline installation businesses, mining companies, shipping businesses and petrochemical production industries. This merger created a shift in the focus of oil and gas companies from oil production to oil distribution.
This shift in focus was designed to stop oil wars, which were occurring more and more frequently. It was also an attempt by oil-producing countries to combat the image that they were simply taking oil out of the earth with no regard for people or the environment at all. Looking further into their mission statements, oil and gas companies now include reference to social responsibility as well as community involvement programs, environmental conservation policies and other green initiatives. These are intended to make oil and gas companies look like good guys again. They want consumers to know that they are playing a part in serving humanity by providing oil for energy usage, while also respecting the environment. This is how oil companies are making their business more efficient.
Video source:- Kimray Inc
Conclusion
As you can see, there are many ways to improve your oil and gas business. Why not try some of these tips today? Whether it’s improving efficiency or lowering costs, the benefits will be worth it in the end!
For more info:- Alliance International