Nova

It’s an understatement that previously, the oil and gas industry had quite a tough couple of years. There was also a time when the industry became subject to constant criticism and field for staying abreast with modern times and the demands that were brought forward by the society, and this became a reason as to why the industry started investing in finding modern solutions. With the implementation of the internet of things, a lot of profit was made as soon as possible, and the entire industry was revolutionalized with the operations working through smart strategies, which previously seemed to be impossible to think about. With the help of a fluid monitoring system , collecting some of the vital information and then utilizing the same for the effective business decision became quite easy. With every move that was made, IoT started providing help in different ways like optimization of pumping activities, decrease within maintenance cost of the pipe, minimization of failures and some ide...

    IoT introduction within the oil and gas industry has been recognized as the leading contributor to reduced cases like leakage and more. One cannot ignore that even after so much, advancement within the oil and gas industry has faced certain challenges. However, with the introduction of IoT within the oil and gas industry, the challenges are being evaded. Understanding the importance of a fluid monitoring system and other technology like this, we at Vertechs are taking care of various impediments and bringing in new features within our technological devices that will help with the right implementation of IoT.   Considering the above, this blog has been prepared to provide information on how adding different features is helping the oil and gas industry and doing much better than before in terms of productivity and revenue. So, go ahead and give it a read ahead. Make a smart choice that can help you in the long term.   Improvement in Operational Efficiency Last fe...

Internet of Things is on the path of revolutionizing the world and the way we live. It has paved the path for an efficient, smart and the integrated future. Now, we already saw how IoT could revolutionize healthcare but guess what, it also is helping the oil and gas industries to see the true revolutionization. The industry has been seeing new technologies making it highly efficient, safer and a lot more productive. Its helping to drive potential with proper data approaches and create a competitive edge. Be it the  fluid monitoring system  or the  IPC system , all solutions are working towards the better. The effective cost control procedures are critical for attaining operational efficiency within the O&G industry. Now, the industry has been calling for re-examining the operations. They need sustainability and it’sachievable with adoption of strategies for long-term cost management. like IoT.   Industrial Revolution with IoT Technology IoT, an advanced c...

The market size of frac plugs globally in 2021 was $308.53 million. The Covid-19 has been staggering and unprecedented, with the frac plugs market for  completion services  having a chance to experience the higher than anticipated demand all across the region in comparison to pre-pandemic levels. It has also been expected that the market will grow by 2027 to reach $476.54 million with a CAGR@ of 7.51% in the forecasted period. This sudden rise, it remains attributable to the growth and demand of the market, which is trying to return to the pre-pandemic levels after the pandemic gets over. For facilitating multistage treatment provision for the well, frac plugs are the valve offering zonal isolation during well stimulation. Its fitting has been described frequently as using the plug-n-perf approach. Now, these frac plugs, they typically get applied in the wellbore zones as they offer isolation between 2 hydrocarbon zones. They also make it easier to access it when the clean-u...