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The Future of Oil Supply Chain – Powered by IoT

Whether it is oil extraction or the oil supply chain, the oil and gas industry need something which can bring more transparency into their operations. It’s been long since the oil and gas companies have been utilizing the sensor technology, but the limited sensing capabilities of the extraction network are reflected by the fact that most of the crucial tasks such as leak detection are executed using linear balancing equations like real-time transient models, negative pressure wave, and corrected volume balances.

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