OTC Showed Automation in Energy is Enhancing Safety and Efficiency

 

Automation has become the core of the Fourth Industrial Revolution, and this emphasis on efficiency is no where more apparent than in the world of energy, specifically the oil industry. Automation is evolving the industry, offering new opportunities and structurally changing how professionals approach their day-to-day work. Dan Allford, President of ARC Specialties, joined the podcast today to explain why he thinks this is one of the most positive evolutions the industry has seen in a long time.

“It’s an exciting time in the oil industry. What once was impossible or too hazardous is now feasible through automation and robotics. For example, automation is facilitating fracking, creating profitable wells that would have never been before,” Allford said.

ARC has been busy devising new products to empower the oil and gas industry, mostly around the equipment needed out in the field. “Robotics is becoming essential in the industry. First, they improve safety, often removing workers from danger. Collaborative robots can actually work together with professionals to do more,” Allford said.

He also recounts his and the company’s experience at the recently concluded OTC (Offshore Technology Conference), where they introduced a new AI-powered product. “Welding is one of the most challenging parts of developing equipment, it’s dependent on highly skilled welders. Lots of variations can occur, which the welder must account for and use their experience to configure correctly. Well, we’ve taken the knowledge that welders have along with data collected from a 2D laser to create a program that can compensate for these variations. Data and AI combine for a new technological solution,” Allford said.

OTC also gave a perfect representation of automation at work, focusing conversation on the impact that these efficiency-driven solutions will have on oil rigging for years to come. Listen to Allford give his insights on the industry, the future of technology, and on additional takeaways from the show.

Follow us on social media for the latest updates in B2B!

Twitter – @EnergyMKSL
Facebook – facebook.com/marketscale
LinkedIn – linkedin.com/company/marketscale

Follow us on social media for the latest updates in B2B!

Image

Latest

multifamily
Multifamily Housing is the Sustainable Solution for Rapid Population Growth in Nashville
April 17, 2024

As Nashville grapples with an explosive growth in population and a consequent strain on its housing market, the city is witnessing a shift from traditional single-family homes to more space-efficient multifamily units. This transition reflects a broader trend seen across various neighborhoods, with places like Germantown experiencing a significant 37.1% rise in home prices […]

Read More
student athletes training
The Anticipation of Record Heat Must be the Concern of Educational Institutions and the Safety of their Student Athletes
April 17, 2024

Temperatures around the globe are continuing to set new records, and as a result, universities now face increasing challenges in ensuring the safety and performance of their student athletes. Scientists from the U.S. National Oceanic and Atmospheric Administration (NOAA) are warning that there is a 1 in 3 chance that 2024 could surpass 2023 […]

Read More
HVAC building efficiency goals
Improving HVAC Systems Plays a Key Role for Meeting Building Efficiency Goals
April 17, 2024

In today’s rapidly advancing world, the role of HVAC systems for building efficiency goals has become a pivotal topic for businesses and property owners alike. With energy costs soaring, the shift towards more energy-efficient systems isn’t just a luxury—it’s a financial imperative. Building efficiency upgrades could slash global energy demand by 12% and save […]

Read More
Generative AI Remains at an IP and Privacy Crossroads
April 17, 2024

As artificial intelligence becomes increasingly integrated into our daily lives and business operations, the conversation around its ethical and legal implications grows louder. It’s clear that generative AI will continue to face legal battles; applications from oncology, to mental health services, to the classroom, are raising questions about AI’s ethics and the consequences of […]

Read More