Weatherford, Intel detail joint program on production optimization

Weatherford International and Intel have demonstrated their collaboration at the IoT Solutions World Congress in Barcelona.

Offshore staff

BARCELONA, SpainWeatherford International and Intel have demonstrated their collaboration at the IoT Solutions World Congress in Barcelona.

Executives from the two companies discussed how IoT-enabled oilfield devices can improve efficiency and profitability of production operations.

The two companies demonstrated how data collected by sensors on production equipment in the field can be transmitted to the cloud, or to a data center, by the Weatherford IoT gateway.

Intel’s Secure Device Onboard service is used to securely onboard sensors and the Weatherford IoT gateway to Intel Wind River Helix Device Cloud for device management.

After flowing through the gateway, users can visualize and analyze sensor data using Weatherford’s ForeSite production optimization software.

“Collaborations with leading information technology companies like Intel enable us to extend the functionality of existing oilfield technologies,” said Colin Tait, director of Information Technology at Weatherford.

“By harnessing the power of cloud computing, advanced analytics and the IoT, we can build an end-to-end digital oilfield solution that yields greater efficiencies across the upstream oil and gas sector.”

“Oil and gas companies have a growing interest in using IoT strategies to transform their business operations by fully integrating equipment and systems—from the field to their operational and analytics backend,” added Dipti Vachani, vp and general manager, Internet of Things Group at Intel.

“Weatherford’s requirements for hardware assisted security, scalable device onboarding, and device management is a proving ground for IoT zero touch onboarding technologies. The combination of solutions will modernize how legacy oil field technologies can produce value for the industry.”

10/04/2017

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