Connected Work innovator SensorUp announced today it has been awarded $1M in funding as part of the Clean Resource Innovation Network’s (CRIN) Digital Oil and Gas Technology Competition as part of a larger $44M funding initiative to accelerate solutions that have the potential for significant contributions to environmental and economic challenges faced by Canada’s oil and gas industry, including emissions reduction and climate change. See CRIN’s announcement today.
The funding will be used by SensorUp for the development of its Connected Work platform, which in combination with the company’s methane sensor detection, uses AI and IoT data to improve visibility and timely detection of methane leaks, one of the worst offenders of greenhouse gas emissions.
SensorUp will build an integrated methane sensor web that will significantly reduce the mean-time-to-detect and mean-time-to-repair methane emissions. The project will be carried out at 400 sites distributed among producer partners primarily in Alberta. These partners will assist in creating an ecosystem of industrial IoT and AI solutions and provide valuable industry collaboration.
“We are thrilled to be awarded this funding from CRIN. Our proposed solution has the potential to provide a breakthrough solution to improve the environmental impacts and performance of the oil and gas industries methane emissions management,” says Steve Liang, CTO of SensorUp.
Leveraging Connected Work Data for Methane Detection
Early detection of rogue emissions of methane is one of the ways to limit greenhouse gas emissions, but it requires a multi-faceted approach and a departure from the status quo.
The traditional methods used to detect, communicate, and mitigate real-time situations in physical operations are siloed, manual and too slow. Many frontline oil and gas workers are still using binders. As a result, there are long delays in the detection and reporting of field issues. Preventable safety incidents are not predicted, standard operating procedures are not followed, fugitive emissions are not repaired, and costly redundant site visits are ordered.
SensorUp’s Connected Worker platform will help oil and gas producers manage real-time data across a large number of sites with disparate sensors providing actionable insights yielding economic and environmental benefits, for instance, reducing the mean-time-to-detect and mean-time-to-repair methane emissions, and subsequently minimize the costs and methane emissions.
“Our platform allows producers to empower connected workers to apply intelligent automation for improved safety, productivity, quality and job satisfaction. This innovation will be a key enabler for producers to chart a net-zero pathway,” says Liang.
SensorUp provides industry leaders with the standards-based, real-time industrial-grade digital nervous system that unifies any data, any sensor, and any format. We empower the connected worker of the future by applying intelligent automation for productivity, safety, quality, and job satisfaction. With the SensorUp platform, heavy-asset industries including oil and gas, construction, utilities, logistics, public safety, and military are fortified to make real-time decisions and identify often overlooked hidden patterns and predict outcomes—resulting in millions of dollars in cost savings while increasing worker health, safety, and job satisfaction. Learn more at www.sensorup.com