Apr 27, 2021
The gas and oil industry is currently facing pressure to become more efficient, and this push only increases as global oil demand continues to rise. However, while companies want to speed up processes, they don’t want to achieve this at the expense of accuracy or regulation since improving efficiency while maintaining safety and meeting regulations is a constant challenge for oil and gas companies. The loss of mission-critical equipment also causes severe disruption to the supply chain and has a major impact on timelines, key deliverables, and profit margins. Radio-frequency identification (RFID) technology, combined with global positioning system (GPS) tracking, can help in many ways since both technologies provide an extensive network for tracking the location and condition of equipment, pipelines, and other items used by this industry.
When data, security, and logistics networks run in parallel, gas and oil companies can effectively manage their key assets on and off-site. Both long and short-range active RFID tags can monitor their assets and alert them according to their predefined variables, whether their main concern is asset longevity or a security-based application. Containers and contents can be tagged individually with different variables programmed according to their requirements. GPS and non-GPS tags usually have standard heat and motion sensors and the capacity for a huge variety of other sensors, such as temperature and moisture gauges, liquid level, and gas emissions sensors. In addition, there are switch tags for monitoring electrical equipment such as door and window locks, fire extinguishers, and smoke detectors.
Gas and oil companies have already started to use this combined technology. BP recently deployed a solution that used RFID and GPS technologies to track items shipped from its European warehouses to South Korea when building a massive offshore oil platform. This helped ensure that the materials were delivered on time to Hyundai Heavy Industries, building the platform for BP. Petrobras, another company, is tracking a drill pipe tagged by Weatherford and shipped to an offshore oil rig operated by the Brazilian energy company to more easily verify that the correct pipes are being provided, inspected, and maintained. ProStar Geocorp is deploying RFID technology to offer a holistic solution to track the GPS-based locations of pipes and other equipment in storage and in-field installations, using RFID tags and handheld readers. 
Benefits of Combining RFID & GPS Technologies
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