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A technique for determining whether a leak is present in a system is called leak detection. The methods are applied in a variety of systems where a container must seal in some kind of substance.
Systems for finding oil leaks are made to look for diesel, kerosene, and fuel oil leaks. Among its various applications are the detection of leaking storage tanks, leakage from fuel pumps, leaks inside bunded fuel tanks, pipe-in-pipe leaks, and generators spewing fuel onto the ground.
The global oil leak monitor market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2022 to 2030.
ProFlex Technologies and Siemens Energy collaborate to offer an IoT-based oil leak detector. ProFlex Technologies, based in Houston, and Siemens Energy have teamed up to offer oil operators spontaneous leak detection services. Siemens Energy will get exclusive access to ProFlex Technologies’ superior digital OIL leak detection technology as part of the deal.
By limiting accidental product releases into the ecosystem, the technology, in conjunction with Siemens Energy’s Internet of Things (IoT) system, will enable operators to lower the environmental risk associated with operating their infrastructure.
The system uses sophisticated data processing algorithms and remote pressure monitoring to quickly identify and locate pipeline breaches within +/-20 feet of their location.
It allows for the identification of minor leaks in pressurized lines transporting almost any sort of liquid or gas media, making it very pertinent for businesses that manage aging infrastructure (e.g., natural gas, crude oil, water, petrochemicals, etc.).
Applications in particular include offshore production risers, production gathering networks at well sites, and long-distance oil and gas transmission lines (also known as multi-node systems).
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