The oil & gas industry continues to be a hotbed of patent innovation. Activity is driven by the need for more efficient data collection for asset inspection and surveying, while enhancing safety and reducing environmental impact. Digital technologies are playing a transformative role in meeting these objectives and this is characterized by the growing importance of technologies such as artificial intelligence (AI), edge computing, Internet of Things, and robotics. In the last three years alone, there have been over 327,000 patents filed and granted in the oil & gas industry, according to GlobalData’s report on Robotics in oil & gas: tethered drones. Buy the report here.

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Data Insights Internet of Things in Oil & Gas: Tethered Drones

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According to GlobalData’s Technology Foresights, which uses over 201,000 patents to analyze innovation intensity for the oil & gas industry, there are 65+ innovation areas that will shape the future of the industry.

Tethered drones is a key innovation area in robotics

Tethered drones are unmanned aerial vehicles that are attached to a tether, typically a cable or a rope, which connects them to a ground station. This enables them to fly for extended periods of time and perform various tasks such as inspecting structures, monitoring agricultural land, and spraying crops.

GlobalData’s analysis also uncovers the companies at the forefront of each innovation area and assesses the potential reach and impact of their patenting activity across different applications and geographies. According to GlobalData, there are 45+ companies, spanning technology vendors, established oil & gas companies, and up-and-coming start-ups engaged in the development and application of tethered drones.

Key players in tethered drones – a disruptive innovation in the oil and gas industry

‘Application diversity’ measures the number of applications identified for each patent. It broadly splits companies into either ‘niche’ or ‘diversified’ innovators.

‘Geographic reach’ refers to the number of countries each patent is registered in. It reflects the breadth of geographic application intended, ranging from ‘global’ to ‘local’.

Patent volumes related to tethered drones

Halliburton is one of the leading patent filers in tethered drones. The company is collaborating with technology players to develop and deploy drones for remote monitoring of oil and gas platforms, performing routine inspections, and other such tasks that would otherwise take considerable hours to do using field personnel. Some other key patent filers in tethered drones include Saudi Aramco (Saudi Arabian Oil), ExxonMobil, and Yara International.

In terms of application diversity, Halliburton leads the pack, while Saudi Arabian Oil and ExxonMobil stood in the second and third positions, respectively. By means of geographic reach, Yara International held the top position, followed by BASF and Halliburton.

Oil and gas companies are increasingly using tethered drones to boost productivity, mitigate human errors, and reduce time and costs.

To further understand the key themes and technologies disrupting the oil & gas industry, access GlobalData’s latest thematic research report on Robotics in Oil and Gas.

GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.

GlobalData’s Patent Analytics tracks patent filings and grants from official offices around the world. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.