Automation has become the core of the Fourth Industrial Revolution, and this emphasis on efficiency is no where more apparent than in the world of energy, specifically the oil industry. Automation is evolving the industry, offering new opportunities and structurally changing how professionals approach their day-to-day work. Dan Allford, President of ARC Specialties, joined the podcast today to explain why he thinks this is one of the most positive evolutions the industry has seen in a long time.
“It’s an exciting time in the oil industry. What once was impossible or too hazardous is now feasible through automation and robotics. For example, automation is facilitating fracking, creating profitable wells that would have never been before,” Allford said.
ARC has been busy devising new products to empower the oil and gas industry, mostly around the equipment needed out in the field. “Robotics is becoming essential in the industry. First, they improve safety, often removing workers from danger. Collaborative robots can actually work together with professionals to do more,” Allford said.
He also recounts his and the company’s experience at the recently concluded OTC (Offshore Technology Conference), where they introduced a new AI-powered product. “Welding is one of the most challenging parts of developing equipment, it’s dependent on highly skilled welders. Lots of variations can occur, which the welder must account for and use their experience to configure correctly. Well, we’ve taken the knowledge that welders have along with data collected from a 2D laser to create a program that can compensate for these variations. Data and AI combine for a new technological solution,” Allford said.
OTC also gave a perfect representation of automation at work, focusing conversation on the impact that these efficiency-driven solutions will have on oil rigging for years to come. Listen to Allford give his insights on the industry, the future of technology, and on additional takeaways from the show.