RFID for Risk Management and Safety Inspections in Oil and Gas
The oil and gas industry now faces its strongest set of challenges in terms of risk and compliance regulations. Recent events such as the BP Deepwater Horizon disaster in the Gulf of Mexico have further brought to light the presence and relevance of such regulations. In this whitepaper, we will consider the top areas where RFID technology is benefiting the oil and gas industry in maintenance recording, inspection audits and asset tracking. Top specialized providers of RFID technology for the petroleum industry, Xerafy and Holland 1916 will share case studies about the use of RFID, and its potential to improve operations within the industry.
The Deepwater Horizon BP disaster brought with it many hard lessons learned by the oil and gas industry. The very process of offshore drilling is an extremely risky venture with the potential for widespread environmental damage with resulting economic ramifications. The need for orderly and systematic inspection, repair and on-going maintenance of oil and gas producing facilities, notably offshore installation, is in its highest demand ever. Another lesson learned is that quick and inadequate inspections as well as the maintenance and inspection of the safety equipment designed to protect oil and gas facilities can prove to be a deadly mistake.
Inclusive of these regulations are the EU IPPC Directive, ISO 14064, Clean Air Act and the Kyoto Protocol. Companies who are in the process of applying for these permits face labor-intensive initiatives including the need to manage and monitor operations and emissions permits. RFID technology brings the ability to streamline the audit process with the ability to track inspection, repair and general maintenance.