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How Technology Boosts Oil Industries

The technological advancements we’ve experienced within the last several decades help businesses related to oil, such as Exxon, Stallion Oilfield Services and Mobil enjoy a hassle-free business model while communicating smoothly with other companies. Owing to the increased demand for oil in the international market, the use of technology in the oil industry has rapidly increased. To enhance the efficiency of the petroleum products, scientists are empowering the oil and petroleum industry by the use of latest technology. The dependence on oil and related products has increased over the past few years, and the life without the petroleum products would become extremely difficult.

Dependency On The Oil Industry

As stated earlier, the dependency on the oil industry is something you need to be aware of. More than 45% of the petroleum is used to fuel the vehicles. Imagine how tough the going would get without the ease to fuel your car. The technology has helped the oil industry to dig wells with ease, leading towards a steady flow of oil for the users. If the trucks and airplanes did not get fuel, then you would be left scratching your head, as the delivery of food items etc. would become extremely difficult. Considering this, technology has devised ways to ensure the users of petroleum enjoy a peace of mind.

Role Of Technology

Have you ever wondered how the engineers come across the natural resources of oil and petroleum? The use of technology offers the clues needed to get the job done. Various sensors have made it easier to track the exact location of natural resources. The energy beams from the airplanes are used to measure the distance, and the absorption or reflection of the beams on earth gives an idea about the presence of a natural deposit. Not all this would have been possible without the use of the latest technology. To find clues about the presence of petroleum products, seismic surveys are used to send sound waves into the earth, and the reflection time of the waves gives engineers an idea of what is in store for them in a particular area in connection to oil, natural or petroleum products. Other than that, the use of the geomagnetic waves is also quite common these days, particularly for the extraction of the petroleum and oil.

Benefits Of On-site and Off-Site Communications

When it comes to the use of technology in the oil industry, the onshore and offshore communications is something you need to have knowledge about. The primary benefit these technologies offer is the reduction in time taken to complete the extraction process, making it extremely beneficial for the oil industry. Besides that, the onshore and offshore communications help save money and work force. These technological advancements help the oil companies locate the natural resources serenely. In terms of leadership in oilfield communications for offshore riggers, Stallion Oilfield Services provides the intuitive technology necessary to keep drills moving.

Stallion Oilfield Services Ltd., based around the oil-rich city of Houston, provides total well-site support, production and logistical services to oil and gas operators nationwide. The company provides all of the ancillary services surrounding the well, so operators and downhole service providers can better focus on getting more from every asset.

Technological Influence On Oil Transportation and Navigating Tools

Transporting the oil to various refineries has become a walk in the park, just because of the latest technology employed in the oil tankers. Furthermore, the navigating tools such as radar plotting etc. make the transportation of oil extremely easy. Technology has not only helped the oil industry carry out the tasks with sheer accuracy, but also the processes have become cost effective as well.

Written By

Dave is a 20-year veteran in the journalism industry. He reports on tech, social media and healthcare news.

3 Comments

3 Comments

  1. Evan

    March 1, 2013 at 10:32 am

    Anything to get more oil and reduce its price is wise. Someday the cost will inevitably yield a strong enough margin to make it viable. Might as well practice with it now.

  2. Mae

    July 3, 2013 at 3:39 am

    Fuel is an entity that most suppliers consider in terms of truckload transportation that’s why it will be a good news for delivery and logistics companies to have lower cost for their oil.

  3. Veneer Knives

    July 26, 2013 at 8:58 am

    Yes I agree that a technology like radar plotting make the transportation of oil extremely easy and there are many techniques to boost oil industry.

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