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The Role and Future of Satellite Internet of Things in Oil and Gas Industry

Publisher IDC
Published Apr 04, 2022
Length 5 Pages
SKU # IDC17090634

Description

The Role and Future of Satellite Internet of Things in Oil and Gas Industry

The oil and gas industry has relied almost exclusively on geosynchronous Earth orbit (GEO) satellites with some medium Earth orbit use, with the latter having been limited by the expensive satellite tracking mechanical apparatus. The advent of low Earth orbit satellites will greatly impact the satellite bandwidth costs for crew welfare and nonreal-time operations, but the industry will still rely on the C-band GEOs for the next five years until the reliability of the flat panel array and Ku/Ka-band achieves similar reliability levels as the very small aperture terminal and C-band.

Please Note: Extended description available upon request.

Table of Contents

5 Pages
Executive Snapshot
In This Market Note
IDC's Point of View
Satellite Bandwidth Supply Increases While Prices Continue to Decline
Remote Communications Requirements for Oil and Gas
Examples of IoT in Oil and Gas
The Digital Oil Field
Underwater Wireless Optical Communications
The Blowout Preventer
Terrestrial Oil and Gas Wellhead Monitoring
IoT and AI/ML Services for Oil and Gas
Potential Impact of Nanosatellites and LEOs on IoT in Oil and Gas
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Synopsis
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