Satellite company Hiber sets up oil and gas industry IoT
Hiber has set up a subscription-based satellite network to let oil and gas companies monitor their wells and other plant.
The company, based in the Netherlands, says its oil and gas well integrity monitoring system is an out-of-the-box internet of things (IoT) solution that will reduce the likelihood of leaks.
HiberHilo has already been tested by production company Nederlandse Aardolie Maatschappij (NAM) and Royal Dutch Shell on an abandoned onshore well, said the satellite company.
“We are excited to launch this first-of-its-kind IoT proposition for remote monitoring at a time when it is needed more than ever,” said Coen Janssen, co-founder and chief strategy officer at Hiber. “This technology can be installed in less than two hours and within 0.25% accuracy levels of a traditional wired system, which is extremely reliable.”
Hiber says it will charge from US$449 a month per well, for one sensor on a five-year contract. But the system can connect up to 500 sensors and has six years of battery lifetime when sending one message per hour, with each message containing four data points.
Using a third-party satellite network, it can send 100 messages a day, with the information going to Hiber’s own cloud service. Hiber also has its own two nano-satellites.