Rockwell Makes Oilfield Acquisition
Rockwell Automation has announced an agreement to purchase vMonitor, a global technology leader for wireless solutions in the oil and gas industry. VMonitor provides digital oilfield implementation and remote operations equipment, delivering innovative monitoring and control solutions for wellhead and upstream applications that combine wireless instrumentation and communication with visualization software. VMonitor has the world’s largest installed base of wireless wellhead monitoring systems for natural and artificially lifted wells, with more than 6,000 sites around the world.
“Strategically, vMonitor’s world-class digital oilfield technology and services, combined with our comprehensive portfolio of solutions, strengthen our ability to deliver end-to-end projects for the oil and gas sector,” said Terry Gebert, vice president and general manager, Rockwell Automation Global Solutions.
The company’s technologies include an all-wireless portfolio of wellhead sensors and transmitters, remote terminal units, gateways and modems, as well as turnkey monitoring, and control systems and services. These offerings cover a broad range of applications from oil and gas wells, pipelines, pumping and lift stations, to refineries and tank farms. The acquisition is expected to close within two months. VMonitor will then become part of the Rockwell Automation Control Products and Solutions operating segment.