The world is short on certainty at the moment. The invasion of Ukraine, global supply chain pressures and rocketing inflation have strained leading economies and precipitated an energy crisis. Oil prices haven’t been this high since before 2015, and the geopolitical pressures on operators to boost production are mounting.
Our next webinar ‘spotLYTT™ v2 & Flow Product Launch’ will be held on July 19th at 3.30pm and July 20th at 9.30am UK time.
Upgraded, cloud-based dashboard expands real-time operational insights offered and delivers enhanced visualization of LYTT’s innovative app suite.
Every day in the UK, 3,113 million liters of water are lost because of leaks. That’s the equivalent of 1,245 Olympic swimming pools’ worth of water lost each day. This is a significant challenge for water utilities, who are responsible for monitoring and maintaining almost 350,000 kilometers of pipes across the country. The UK is also grappling with sewage discharge issues, which are reducing water quality and compromising the health and cleanliness of public areas.
Having worked extensively with data acquired from the subsurface using temporary and time-consuming sensor deployments, the idea of having 24/7 on-demand access to real-time measurements from a remote asset is fascinating.
After setting up a business, the difficulty of coming up with a new company name is often underestimated. That’s what myself and my fellow LYTT co-founder discovered when we took on this difficult task late one Friday afternoon in 2019. We knew it was essential to come up with a name that encompassed all facets of our business and what makes our sensor analytics platform stand out – but where to begin?
Collaboration will combine Weatherford’s production optimization and completions capability with LYTT’s acoustic sensing and data analytics to help energy businesses drive efficiency and profitability
When you’ve worked in computing for over two decades, you gain an appreciation of how dynamic the sector is. There has never been a more exciting time to work with data, and since joining LYTT in September 2021, I have been involved in many projects that have the potential to transform operations across multiple industries, such as Carbon Capture Storage Monitoring, Power & Utilities, and Oil & Gas.
The carbon capture and storage industry faces a steep uphill climb to credibility and commercialization and its success will depend on how quickly its incumbents are prepared to adapt.