Dutch satellite IoT solutions expert Hiber has launched a new subscription service. The first-of-its-kind service, called Hiberhilo, is an end-to-end solution for monitoring the integrity of oil and gas wells with the aim of increasing well safety by enabling connectivity from anywhere at any time. The Amsterdam-based startup announced it plans to introduce similar services for other specific use cases in 2021.
Hiberhilo’s out-of-the-box subscription solution utilizes Hiber’s global satellite network to allow organizations to automate continuous annulus pressure and wellhead monitoring of up to 250 wells in a radius of 10 km, even in the most remote locations on Earth. The cost of the service starts at 385 euros per month per well. Currently, well monitoring is done via manual monitoring, which is complex and time consuming, and can cost up to 35,000 euros per visit. The prohibitive cost often results in wells that aren’t monitored frequently enough.
“We’re excited to launch this first-of-its-kind IoT proposition for remote monitoring at a time when it’s needed more than ever,” says Hiber’s co-founder and CSO Coen Janssen. “Hiberhilo has already been proven by the Nederlandse Aardolie Maatschappij NAM and Royal Dutch Shell on an abandoned on-shore well. This technology can be installed in less than 2 hours and within 0.25 percent accuracy levels of a traditional wired system, which is extremely reliable.”