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Perspective: Oil Field Optimization — IoT and Device Connectivity Strategies

Perspective: Oil Field Optimization — IoT and Device Connectivity Strategies

This IDC Energy Insights Perspective examines the current landscape and future direction for the Internet of Things (IoT) and its impact on digital-connected oil fields. The digital oil field is moving from "digital" to being "connected," thanks to the technological convergence of IT, OT, real-time Big Data and analytics, and cloud technologies and the reengineering of oil field processes to simulate approaches like assembly-line and just-in-time manufacturing to streamline well development and production. Most importantly, the vision for oil and gas companies is to move away from traditional data networks that require human interfaces, intervention, and decision making into tightly integrated mesh networks based on advanced data-linked devices that are designed to be Internet protocol (IP) enabled, wireless, and based on open systems to autoconnect and autoconfigure intelligent network devices on demand.

Please Note: Extended description available upon request.

In This Perspective
IoT Oil Field Characteristics
Business Drivers for IoT Adoption
IoT and Data Management Platform Working Together
Examples of IoT Adoption
Shell Oil
Eagle Ford Shale
Other Examples of IoT Connected Devices Adoption
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Related Research
Figure: IoT and Data Management Platform Architecture

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