The oil and gas industry has long been a technology pioneer. After all, concerns of how to improve equipment efficiency, better employee safety, and increase extraction rates all rank high on company interests, and what better way to address such concerns than with specialized technology?
Here’s a snapshot of some of the newer software the Oil and Gas industry has to offer:
- Floating systems design and offshore installation : The design, modelling, and installation of modern offshore floating structural systems requires great planning with thorough analysis and simulations to ensure longevity in some of the world’s harshest environments. New software designed for hydrostatic and hydrodynamic analysis helps users understand and map real-world activities to create effective design and safe installation procedures.
- GIS (Geological Information System) :GIS software enables users to visualize, question, analyze, and interpret various data to better understand and correlate relationships, patterns, and trends. The Oil and Gas industry has refined GIS software to enable operates to more effectively and efficiently manage the development and extraction of resources for optimal production and security of said resources.
- Piping analysis : New software for piping analysis gives users the confidence in the safety of engineering designs with accurate simulations that examine potential loading scenarios to view stresses, forces, deflections, and moments. This has the added benefit of ensuring projects comply with regional design standards.