Is Extended Reality(XR) Technology the force behind the transformation of the Oil & Gas industry?

XR Technology Solutions For Oil & Gas

Introduction

Extended Reality Enables field workers to learn complex challenges skillfully so that engineers and offshore workers master them before confronting them in real life. The oil & Gas sector has witnessed phenomenal changes since the 21st century. From drilling oil & gas wells to refineries and processing the end product, the whole process is associated with high safety risks, massive investment, and a long list of unseen challenges. Oil & Gas Exploration and Production (E & P) has brought many new and unprecedented challenges to which industries don’t seem ready!

Oil firms must embrace innovative technology in the oil and gas sector to meet the energy problem and make data-driven decisions that enable them to dive deep for insights and empower experiences. With this, we enter into this blog’s core concept- The adoption of XR in the O&G industry. Oil firms are using it to restructure their business operations and significantly scale their production. Trends show that about 61% of leaders in the oil and gas industries are implementing Extended Reality (XR) technologies to streamline operations and improve safety systems. The entire platform will be virtual and is easy to deploy with scaling parameters across the sector. Jump to the bottom section to glimpse our futuristic solutions that impart real-time solutions for frontline workers.

What We do:-

Equipment Maintenance and Training

Using Yeppar’s Extended Reality solutions, inspecting and maintaining a system has become easier for a technician without needing to visit a site. Maximize workforce efficiency with visuals demonstrating how to adjust, remove, or replace parts of a machine or equipment, wherever you are and whenever you need them.

Benefits

• 30% Maintenace Cost Reduction
• Save $63 per hour & $1512 daily on inspection and diagnosis process
• Reduce experts number up to 30%

Real-Time Emergency Scenarios

Training the workforce in virtual reality enhances decision-making under pressure and recreates hazardous oil and gas extraction situations that are impossible to plot in real life. The user may represent an on-site scenario to engage in the training activity and develop better management skills.

Benefits

• 70% Reduction in Accidents
• 90% Increase in efficiency
• 83% decrease in training

Health Safety & Environmental(HSE) Training

Our scenario-based VR training for emergency, fire, and safety response helps personnel respond to life-or-death situations most effectively. As a result of the training, the workplace is made safe and more productive by providing resources and information.

Benefits

• 75% Reduction in Personal Protective Equipment(PPE)
• 30% Reduction in Training Time
• ROI-175%

Remote Assistance Backup

Take the technical support program to the next level by providing visual assistance to the frontline worker in Mixed Reality(MR). To solve issues remotely and more efficiently, Operators receive step-by-step visual instructions and support from specialists utilizing wearable technology.

Benefits

• 40% Reduction in Travel
• Saved 20 minutes in each training session
• $4M saving per year

Centre of Excellence

Oil and gas firms have been interested in creating a Digital Center of Excellence (DCoE). DCoE acts as an innovation center that drives the organization’s digital journey and supports enterprises’ operations by combining digital capabilities.

Collaborating with the new age of Reality

Employees in the O&G industry are frequently exposed to hazardous conditions. They are, in fact, more prone to injuries and other health problems as a result of this.

AR/ VR/ MR can be used by operators, engineers, and managers in production transportation and processing at the Oil and Gas plant. These technologies make Oil & Gas operations more efficient.

Conclusion

There are several advantages to integrating Extended reality in the oil and gas industry.

Contact us for more information or  Request a free demo.