Tag: sensors
Drilling data management systems market to grow 12% by 2020 – Technavio
Areas in Middle East, Gulf of Mexico, and North Sea seeing drop in production rates over past few years LONDON – Technavio analysts forecast the global drilling data management systems market to grow at a compound annual growth rate (CAGR) of around 12 per cent during the forecast period, according to their latest report. The research study covers the present scenario […]
Sensors, automation driving down costs in US oil patch
Despite the major spending cuts across the sector, the low price environment has created an impetus to invest in sensor innovations throughout the value chain BOSTON, MA – The oil and gas industry is by far one of the oldest industries to use sensors, where sensors have been used upstream to find oil reserves, monitoring […]
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