A Novel Approach of IoT based Real Time Energy Monitoring for Oil Extraction Machineries

The IoT-based energy monitoring system for oil drilling equipment enhances energy efficiency through real-time power consumption monitoring and analysis. the system employs voltage and current sensors to monitor energy consumption, reporting to an ESP32 microcontroller for processing. The system allows the detection of inefficiencies, allowing the operators to correct them and minimize energy wastage. The system integrates a Blynk platform and LCD display for local and remote monitoring. Additionally, there is a load cell for weighing the product before and after extraction in order to deliver direct correspondence of energy input to output performance. Using IoT technology, the system automatically adjusts the energy consumption from real-time data, improving utilization of resources and operational efficiency. Energy optimization policies may be streamlined with the use of machine learning algorithms based on historic data. IoT automation diminishes human input and is, therefore, more cost-effective and efficient. Rapid feedback in real time supports immediate decision-making towards effective energy management. Advanced security practices, such as blockchain, enhance data security and prevent interference. This innovative process reduces costs associated with running processes while promoting the conservation of energy. Overall, the system offers a foundation for sustainable and effective industrial automation in the oil extraction sector. This novel process lowers the cost of operating procees while encouraging energy conservation.Experimental outcomes show a decrease in energy usage by as much as 18% and an improvement in operational efficiency by 25%