The Oil and Gas industry is very asset rich. Most aspects of the business involve the use of a wide variety of equipment. Businesses in the oil and gas industry own or lease a variety of physical assets such as pipes, crossovers, down- hole equipment, pressure control equipment, well logging equipment, storage containers and other field equipment. Further, a vast majority of the equipment is not fixed. This equipment is moved frequently to and from job sites as normal course of business. The success of these businesses depends on the optimal use of their assets. Having complete visibility of their inventory including insight into the utilization, allocation, preventive maintenance and regulatory testing of each asset, is an elusive task for these companies.
Not only is it imperative to optimize utilization of the equipment, but it is critical that the business have visibility into where the equipment is, because they have to track them for maintenance purposes. Safety is the current mantra throughout the industry. This means all the equipment has to undergo maintenance and safety inspections regularly. The maintenance information also has to be readily available in the case of an audit or if and when equipment related issues arise.
When it comes time for maintenance or safety inspections, not only is the location of the asset needed, but it also has to be physically identified, so it can be picked up and worked on. All pipe look similar, however when only a subset of the pipe have to be located and sent for testing, it can become a laborious task to manually search for each pipe by serial number. This problem is not restricted to just pipe – it arises with every other type of equipment.
Applying auto-id technologies in this industry has been challenging. Barcoding – which has been the technology of choice, has not been a good fit, because of the environmental conditions the equipment is subjected to. Being exposed to dirt, grease, moisture etc, often renders the barcodes unreadable. At best, they don’t last long.
RFID-based solution for tracking any equipment, big or small, including pipes, valves, generators, tanks and containers.
Oil and Gas major company uses AssetGather to track its pipe inventory
The AssetGather solution tracks thousands of pipes being shipped from the company's yards to offshore and onshore job sites. EPC Passive UHF Gen2 tags were specially customized to withstand rough handling and harsh environments of the oil industry. The company was able to greatly increase its inventory accuracy, while at the same time dramatically reduce the time its personnel took to check out and check in hundreds of pipes for every job. Periodic maintenance including pressure testing procedures were proactively and accurately managed by the AssetGather system. Read More