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Distributed Temperature Sensing (DTS) Systems Market : New Revenue Pockets
Fiber optic distributed temperature sensing (DTS) systems have become an integral part of the oil and gas industry in all regions across the globe. The DTS technology provides a cost-effective solution for obtaining highly accurate temperature measurements. There has been a steady increase in the implementation of DTS systems in the oil & gas sector because of the unique benefits the technology offers over conventional temperature measurement systems. The technology is not susceptible to electromagnetic interference; the systems can operate at extremely high temperatures, and are resistant to corrosion. DTS is critical for applications such as well completion and downhole monitoring as it provides an accurate temperature profile of the required area especially in locations where it is difficult to trace the exact sensor location after preliminary engineering.
Oil & gas production is a key revenue pocket in the DTS systems market. To effectively manage oil & gas reservoir monitoring, DTS systems help in continuous, real-time downhole monitoring to optimize the operational and economic performance of assets. This enables a reservoir engineer to gain a better understanding of the injection and production dynamics and accordingly optimize the production and improve recovery leading to increased profit. Hence, there is an increasing focus on adopting the technology for improving the productivity of brownfield operations. The analysis of the data collected by the DTS system can provide additional information on the well behavior such as the flow volume within a particular section of a well.
Operational safety is critical in any industry, especially in the oil and gas industry, where the equipment used involves a huge capital investment. DTS systems are intrinsically safe and can be used in hazardous operational environments, thus improving the safety of personnel and as well as equipment.
This technology is offered by all major oilfield service companies- Halliburton Co. (U.S.), Schlumberger NV (U.S.), and Weatherford International Plc. (Ireland), as well as a number of other companies including Yokogawa Electric Corp. (Japan), Omnisens SA (Switzerland), LIOS Technology GmbH (Germany), and AP Sensing GmbH (Germany).
Distributed Temperature Sensing (DTS) Systems Market by Operating Principle (OTDR, OFDR), Fiber Type (Single-Mode, Multi-Mode), Application (Oil & Gas Production, Power Cable Monitoring, Fire Detection, Pipeline Leakage Detection), Geography - Global Trends and Forecasts to 2014 - 2020
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