5 Ways AR and VR are Changing the Oil and Gas Industry
Taken from a blog article that appeared on PocketSizedHands.com. In 2017 Oil and Gas provided 76% of the UK’s primary energy and 60% of that came from indigenous sources. BP and Shell have reported revenues of $240.2 Billion and $305.1 Billion , respectively, keeping oil and gas as one of the UK’s biggest industries.
Being a huge and relatively old industry, oil and gas corporations are prime for disruption from new technologies. AR and VR have already seen application in other sectors and there are a number of ways that they could revolutionise oil and gas. So here are 5 ways that AR and VR are going to change the oil and gas industry.
There is a lot of detail in this article and whilst AR and VR are somewhat mixed in together (which can often be the case for enterprises adopting new and emerging technologies), there is a neat summary infographic toward the bottom.
In summary, the key points for how AR will be used in the oil and gas industries are as follows:
- Risk assessment – AR will provide real time information about the rig’s machinery for engineers.
- Maintenance – AR will give engineers a live feed of the maintenance needs of their machinery.
- Training – AR can provide real time tutorials and help while in the field
- R&D – AR will allow designers to create and perfect their rig designs
- Carbon footprint – both VR and AR will cut down on the overall travel a firm’s employees need to do and can even be used to optimise the efficiency of older rigs allowing them to run for longer.