Well Automation

New pay-per-use equipment business model could end capex for oil, gas producers

Value propositions for predictive maintenance: longer asset up-time, lower maintenance costs, higher productivity, improvements in operational cost/efficiency Technology advances are powering a new generation of “predictive maintenance solutions” that could lead upstream oil and gas equipment suppliers to pay-per-use business models that change the way producers think of capital expenditures, according to a new study. Lux Research has released a report

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Demand for real-time info propels shale gas automation market – Technavio

Global supervisory control and data acquisition (SCADA) solutions market in shale gas industry valued at $196.4 million in 2015 According to the latest research study released by Technavio, the global automation solutions market in the shale gas industry is expected to reach over $683 million in revenue by 2020. “Exploration and production are key activities

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Well automation reduces costs, boosts production for Permian Basin operators

Complete well automation system, including installation, as low as $3,000 Monitoring and optimizing wells remotely is a great way for the modern oilfield to deliver ever greater efficiency, driving down costs to remain competitive when prices are low, says Mike Swihart, CEO of Production Lift Technologies. “We belive the industry is going to have to be more

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