The world population is increasing exponentially, and experts expect it to reach 10 billion by 2050. As the number of people increases, the resources deplete, illustrating an urgent need for reliable and safe energy resources. The oil and gas industries are facing several challenges as well. Business Process Automation in the oil and gas industry can help integrate innovative technologies into different processes and improve their overall efficiency.
Need for Business Process Automation in Oil and Gas Industry
Customer experience is an important pillar of success in every industry. As long as you have happy and satisfied customers, your business will have the potential to grow and earn more profits. The oil and gas industry follows a similar idea. Business process automation can come in handy in offering a smooth and seamless experience, increasing customer loyalty and profitability.
Further, there is a general shortage of skilled labor in the oil and gas industry. Therefore, most companies are not resourceful of proper technical experts to improve business performance. It has become essential for these businesses to rethink and revamp their processes. Through automation, oil and gas companies can significantly improve processes and efficiency, and productivity can drastically go up.
Business process automation reduces the dependence on manual labor in different departments. As you automate the processes, you can do the redundant and repetitive tasks within seconds – without any error. This allows for the reallocation of manual labor to areas that can yield better results for the company. It gives room for employees to work on more important projects, rather than wasting skills on simple, repetitive tasks.
Today, many oil and gas companies have realized the importance of automation. Therefore, they are working towards a technologically advanced future. Modernizing the processes can streamline the production and distribution, providing for better results.
Benefits of Business Process Automation in the Oil & Gas Industry
Automation is versatile. You can integrate it into several different processes. Following are some of the major areas in the oil and gas industry where BPA can prove beneficial.
Drilling is one of the most vital and expensive processes in the oil and gas industry. Apart from requiring a hefty investment, it is also technical and requires the workers to ensure everything is perfect. Further, there are also several safety risks for the workers, including equipment malfunction or inhaling hazardous substances. Automating the riskier manual tasks like pressure drilling or pipe handling can improve worker safety and increase the efficiency of the processes. It also reduces the probability of error.
Diagnostics and Inspections
Diagnostics and Inspections sometimes require sending the technical team to dangerous environments. Fixing the damaged equipment in the oil and gas industry is not easy. If it is a water submerged area, the workers have to go underwater to repair the damages. Instead, they can easily replace the manual repair with remote drones or unmanned submersible machines, increasing safe work accuracy and reducing any risk to human life.
Weather Monitoring Systems
The weather monitoring system can help detect changes in seismic activity and the ocean environment. The oil and gas drilling process require that the atmosphere be optimal to ensure the processes can run smoothly. These automated sensors can help predict when the environmental conditions are optimal for fuel extractions. Furthermore, it can help companies take precautionary measures in natural weather events like storms, hurricanes, or earthquakes.
Pressure and Flow
Jobs need to regulate the pressure and flow of oil to prevent any leakage or bursting of the equipment. Such tasks can be effectively managed through automation. Smart sensors can be installed to make sure the two variables stay within the designated thresholds. This also ensures any changes are reported instantly without the need for 24/7 availability of on-site crew. It helps in damage control and risk aversion.
Robot Process Automation or Business Process Automation in the oil and gas industry is an important step towards a safer and more efficient industry. Several companies have integrated the technology into their system. Numerous sensors are being used to make sure everything is optimized and according to the set standards. Further, automation has also increased inter-departmental collaborations. A digital communication system is more efficient and can help in better management of the projects.
With the increasing world population, the demands and costs for energy companies are expected to increase. Automating the tasks can not only save money but also promote a safer environment for the workers. Business process automation in the oil and gas industry can improve efficiency and keep everything in check. It can also allow for remotely controlling the rigs, managing the extraction and storage of the fuels. Further, it also allows reallocating the manual labor towards processes and projects that would yield better results for the company’s future.