As prices fall below 50% of those experienced in 2014, oil companies are feeling the pressure to finally implement modern cost-cutting networking technologies throughout their operation. Upstream operators are looking for cost-cutting methods of advancing wellhead automation, while preserving safety and security measures that are so important within the oil and gas industry.
In this white paper, three main categorical drivers within smart oil field enablement will be discussed:
• Legacy System Modernization
• Real-Time Analytic Capability