Baker Hughes, LYTT announced that they will work together to help accelerate the digital transformation of the oil and gas sector through applying distributed sensor networks within the wellbore, a press release issued by Baker Hughes declared.
These networks will help provide experts with the data that they need to enhance productivity on the oil and gas fields.
This will occur by combining LYTT’s fiber optic data analytics and cloud-based software with Baker Hughes’ completions and well intervention hardware and service expertise. According to the statement, the digitization will enable remote monitoring needed to reduce the health, safety, and environmental risks involved in all operations.
On this occasion, Tommy Langnes, co-founder and chief business development officer at LYTT commented: “Oil and energy companies know they need to transform to meet their challenges both now and in the future, and LYTT supports their ambitions by bridging the data gap and arming energy companies with critical insights to drive an operational step change. Our collaboration with Baker Hughes is an opportunity for both parties and for the energy sector to accelerate their digital journeys.”
“Baker Hughes’ collaboration with LYTT further strengthens our existing digital capabilities to transform customers’ operations by increasing the productivity, performance, and longevity of their oil and gas assets,” said Jim Sessions, vice president of completions and well interventions for Oilfield Services at Baker Hughes.