Midstream operators in the U.S. lose $10 billion annually to pipeline leaks and theft, according to Deloitte. Given that breaches can result in expensive cleanups along with environmental damage and stiff penalties for regulatory noncompliance, it’s easy to see how losses could rapidly pile up.

And with the slimmer margins associated with sluggish oil prices, operators can’t afford to lose valuable product for any reason. Beyond these day-to-day challenges, midstream as a business is becoming more complex. Operators are transporting a wider variety of petrochemical products to an increasingly diverse number of destinations.

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