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Automation Opportunities in the United States for the Upstream Tight Oil Market - The Key to Sustain the Shale Boom is through Optimized Production

DUBLIN, February 17, 2014 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/45jm3c/automation) has announced the addition of the "Automation Opportunities in the United States for the Upstream Tight Oil Market - The Key to Sustain the Shale Boom is through Optimized Production" report to their offering. 

     (Logo: http://photos.prnewswire.com/prnh/20130307/600769 )

The United States is at the cusp of an energy revolution triggered first by the shale gas boom and now intensified by the tight oil boom. Increased production of tight oil in the US attracts more investments. In turn, as operators position themselves regarding focus, geography, land acquisitions, first oil, and compliance to regulations, they progress toward increased optimization. 

Then, tremendous opportunities are created for automation vendors to offer the appropriate solutions needed to overcome tight oil production challenges. In this research, forecasts run through 2019. Included are key strategies concerning market direction, and what you, as a solution provider, need to do to leverage market potential.

Product Definitions 

  • A supervisory control and data acquisition system (SCADA) refers to an industrial computer system that monitors and controls a process of geographically distributed plant assets. SCADA is a software suite placed on top of several hardware-like programmable logic controllers (PLCs) or other commercial hardware modules, main terminal or telemetry unit (MTU), remote telemetry units (RTUs), field instrumentation, and communication and networking equipment.
  • A PLC is a microprocessor-based controller for sequential control in discrete-process industries. It scans all input/output (I/O) from sensors and actuators and uses a programmable memory for the internal storage of user instruction. The program in it can be changed through a programming device such as a panel, host computer, or a hand-held terminal connected to the controller either directly or remotely through a network.
  • An RTU is a microprocessor-based unit that operates as a stand-alone data acquisition and control unit connecting the process equipment installed at remote locations to the central station. It has a communication channel that connects with the central station and also with other RTUs which may not be accessible from the central station.
  • Variable frequency drives (VFDs) are alternating current (AC) drives and are usually referred to as a union between the electric motor and the speed control unit, which enables motor speed control by varying the power-supply frequency.

Key Topics Covered: 

1. Executive Summary 

2. Mega Trends to Micro BoomsDefinitions and Tie-ins 

3. IntroductionScope and Segmentation 

4. First BaseBusiness Insights 

5. Second BaseGrowth Insights 

6. Third BaseProfit Insights

7. Top Recommendations 

8. Company Profiles 

9. Appendix 

For more information visit http://www.researchandmarkets.com/research/45jm3c/automation

Media Contact: Laura Wood , +353-1-481-1716, [email protected]

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