{"id":1292,"date":"2015-03-13T15:44:30","date_gmt":"2015-03-13T19:44:30","guid":{"rendered":"https:\/\/wireie.com\/?p=1292"},"modified":"2022-08-25T16:49:48","modified_gmt":"2022-08-25T16:49:48","slug":"technology-easing-pressures-for-oil-and-gas","status":"publish","type":"post","link":"https:\/\/wireie.com\/2015\/03\/13\/technology-easing-pressures-for-oil-and-gas\/","title":{"rendered":"Technology: Easing Pressures for Oil and Gas"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"1292\" class=\"elementor elementor-1292\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-33fae55a elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"33fae55a\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-310e323\" data-id=\"310e323\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7273ad01 elementor-widget elementor-widget-text-editor\" data-id=\"7273ad01\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.20.0 - 10-04-2024 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p>The Canadian oil and gas industry is transforming, giving rise to new opportunities in resource exploration and extraction. Companies are experiencing new and increased pressures to improve productivity and decrease costs. The adoption of technology is a critical strategy for facing these challenges, to remain fiscally strong and globally competitive. Companies who choose to wisely navigate industry developments by utilizing innovative technologies will fare best as the industry transforms.<\/p><p>According to Robert Barlow, CEO at WireIE, \u201cThe extraction of resources is becoming more complex, and technology that advances the industry\u2019s ability to analyse operations in the field and increase productivity is becoming a mission critical requirement.\u201d Oil and gas companies on the cutting-edge will be able to apply information technologies as a competitive differentiator to improve long-term production benefits. Solutions, such as those offered by WireIE, ensure that field assets are connected to the resource company\u2019s global networks.<\/p><p>The demand to operate virtually anywhere, under any condition is an increasing requirement for oil and gas companies. WireIE solutions can assist in navigating collaborative workflow processes, creating efficiencies and increasing productivity.<\/p><p>According to a recent IDC Energy Insights webinar, expenses relating to connectivity-related technology \u2018will increase by 30% between 2014 and 2016\u2019. \u201cBy 2016, 70% of oil and gas companies will have invested in programs to evolve their IT networks to a 3rd Platform-driven architecture.\u201d Optimizing technological capabilities of the business can drive results to all hard to reach operations across the field, allowing connected companies to remain at the forefront of the industry.<\/p><p>Technology investments are the key to innovation, and can help push oil and gas towards a successful future. WireIE\u2019s CTO, George Kaichis, insists that \u2018the importance of a safe and trusted network cannot be overstated with cyber threats in the oil and gas sector continually making headlines.\u2019 \u201cCompanies need to protect themselves by using networks that are backed by high-level performance and security. Safeguarding network data and operations must be a top priority in order to avoid breach incurred financial losses.\u201d Resource and extraction businesses should take advantage of solutions that can confidently deploy and support their mission critical applications using an infrastructure that operates with speed, security and reliability.<\/p><p>It\u2019s a complex landscape and two facts remain: The global demand for energy will continue to rise, and oil and gas will continue to be the foreseeable dominant source. Investing in the digital oilfield will lead to optimum productivity, efficiency and safety, helping companies operating in Canadian oil to succeed during critical times.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>The Canadian oil and gas industry is transforming, giving rise to new opportunities in resource exploration and extraction. Companies are experiencing new and increased pressures to improve productivity and decrease costs. The adoption of technology is a critical strategy for facing these challenges, to remain fiscally strong and globally competitive. Companies who choose to wisely [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[169,1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Technology: Easing Pressures for Oil and Gas - WireIE<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wireie.com\/2015\/03\/13\/technology-easing-pressures-for-oil-and-gas\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Technology: Easing Pressures for Oil and Gas - WireIE\" \/>\n<meta property=\"og:description\" content=\"The Canadian oil and gas industry is transforming, giving rise to new opportunities in resource exploration and extraction. Companies are experiencing new and increased pressures to improve productivity and decrease costs. The adoption of technology is a critical strategy for facing these challenges, to remain fiscally strong and globally competitive. 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