Schedule a time today to learn more about how this new service can support your understanding of drilling activities in the Permian Basin and receive a limited trial to the Energy DataLink application.
Gain Valuable Market Insights:
Hart Energy (Rextag) - A leading data and visualization provider for the Energy Industry and SpaceKnow - A leading AI solutions provider for satellite imagery analytics have partnered to release a near-real time Pad Activity Monitor (PAM).
The Challenge of Legacy Data Services
Traditional data providers in the oil and gas industry must rely on state regulatory datasets to monitor drilling and completion activity. These reports at best can be four months behind and at times as much as six months behind in regulatory filings.
Our new PAM service cuts down activity reporting lag times by at least 98%, from 120-180 days down to just 5-8 days. Customers have access to reports, charts, tables, and mapping visualizations via Rextag’s Energy DataLink easy to use web-based application allowing users to filter, download and identify activity on a map or data table. Additionally, customers will be able to set up daily, weekly, and monthly email report notifications.
Satellite Imagery and Artificial Intelligence
This service collects frequent optical and radar-based satellite imagery which are processed by fusing several advanced AI algorithms. This algorithm is specifically designed and trained to recognize oil and gas activity at the well pad level.
To ensure the highest level of accuracy, each AI detection datapoint is validated by a team of experts before it’s delivered to the client through Rextag Energy DataLink, our easy-to-use application interface.
Oil and Gas Activity Monitoring
Our Pad Activity Monitor (PAM) is a service currently focused exclusively on the Permian Basin, the largest and most active basin in North America. Our service covers tens of thousands of oil and gas wells and is designed to provide customers with near real-time activity reports related to drilling operations. This allows customers to monitor well pad clearing, drilling operations, fracking crew deployment and completions with new data collected approximately every two days.
Rextag, a division of Hart Energy, collects energy data from multiple sources and checks and validates this data, compiling an extensive and integrated database on a wide range of energy assets. We license this data to our customers in convenient formats, including dynamic databases, web-browser access, and printed maps. Our data services are available on a subscription or customized basis. For more information, Rextag.com.
Reports and valuations
Project wall maps
Charts and data tables
Energy forecasts
Deal/Pitch books and MS PowerPoint maps
Due diligence requirement reports
Pipeline routing and facility siting