Oil and Gas

The oil and gas industry is a capital extensive, harsh environment business and any failure can have a ripple effect along its supply chain instantly resulting in multi-billion dollar losses. In such an operation, maintenance of infrastructure, accurate inventory and asset management are not only required for complying with state and federal requirements but also mission critical for operational efficiency and safety of employees and contractors. Production losses caused by unplanned downtime are compounded by the high labor and operational costs incurred until the rig is back up and running.

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In the large and geographically dispersed environments of the oil and gas industry, asset tracking can be a highly labor-intensive and costly process. But the use of RFID can automate the tracking of everything from consumable supplies and safety equipment to trucks, cranes, tools, parts, and even drill bits - from the moment of arrival in your facility to end-of-life. The read-write capability of RFID technology enables automation of record keeping for asset maintenance. This, in turn, ensures the highly accurate and complete maintenance records required to best adhere to maintenance schedules and optimize an asset's performance. As a technician completes service, critical maintenance data can be written to the asset tag - such as service date and time, technician, service performed and next inspection date. An asset's complete history is always available to the technician with a quick read of the asset's RFID tag. In addition, the information is not only stored directly on the asset tag but can also be sent automatically to the EAM system, ensuring the timely scheduling of future maintenance required to maximize equipment uptime.

KeyTone's RFID solution provides automated end-to-end visibility needed to streamline every day tracking of all materials, equipment and personnel in the oil and gas industries. From the offshore oil rig to the plant, KeyTone solutions give companies a tool to maximize uptime, respond faster to day-to-day business needs, restore production more rapidly in the event of an incident, and better protect employees.