FMC Deploys Next-Generation RFID Technology

April 7, 2010 at 9:53 pm Leave a comment

FMC Technologies is developing next-generation RFID technologies for tracking its products from the wellsite to the service center with the help of the Oil & Gas RFID Solution Group (OGR). The RFID tags attached to the physical assets provide a means of automating the identification process and dramatically decreases the time it takes to process equipment into and out of the field. They replace an old identification methodology of engraved serial numbers on metal bands that required reorientation of heavy objects and careful inspection of the band to identify the part ID.

Adam Berg, Engineering Service Manager at FMC Technologies, and his team are focused on addressing specific pain points of the industry with RFID technology, which include redundant inspections, job delays due to out-of-compliance parts, and job cancellations.

“The intent is to increase safety and efficiency, while also realizing cost savings for our customers,” Berg said.

FMC has developed a comprehensive business case behind the technology and its use within the hydraulic fracturing industry. The company estimates $60 million in savings per year for RFID use industry-wide.

“RFID technology provides our customers with substantial improvements in their ability to address and improve some common industry pains around part inspections and identification. The ability of RFID to alleviate or eliminate these issues is key to our business case,” said Berg.

OGR, the international advisory council for RFID in oil and gas, has supported FMC in both tag design and data standards for the industry.

“Information is increasingly valuable, yet progressively more difficult to retrieve in rural and remote areas that many of these well stimulation activities are performed in. Empowering the field operative with data, where wireless communication is limited or non-existent, opens the door to unseen and remarkable operational possibilities,” commented Konrad Konarski, Co-Founder of the Oil & Gas RFID Solution Group.

As part of OGR’s work with FMC and other oilfield service companies, the organization is endorsing specific RFID equipment, such as RFID tags designed for the challenging oilfield environment. The group’s intent is to support the growth of equipment and data standards to accelerate use of the technology.

“We will be making several key announcements around tag designs, data standards, and success stories at our upcoming preconference, in partnership with RFID Journal, in Orlando, Florida, on April 15th, that we feel will have a game-changing impact on the entire industry,” said Konarski.

Other members of the Oil & Gas RFID Solution Group include BP, ExxonMobil, Weir SPM, Dow Chemical and several key consumers and subject-matter experts in the fields of oil, gas and RFID.

http://rfid.tamu.edu

www.fmctechnologies.com

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Entry filed under: Asset & Portfolio Management, Automation Solutions, Drilling & Completions Solutions. Tags: , , , .

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