Real-time intelligence to oil and gas
Posted: 18 September 2006
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Cartasite Inc., a leading developer of realtime operational intelligence for a variety of industries has signed an exclusive agreement to license the National Well Database provided by WhiteStar Corporation for use in Cartasite fleet and asset management applications.
´Our nation faces an extreme shortage of oil field equipment and personnelˇ, stated David L. Armitage, CEO of Cartasite. ´Efficient utilization of assets is a critical factor for effective operations in the upstream oil and gas industry. Cartasite˙s realtime fleet and asset monitoring technology combined with WhiteStar˙s National Well Database will help the industry ensure that vehicles, people, and equipment are at the right place at the right time.ˇ
WhiteStar delivers a comprehensive database consisting of millions of oil and gas well locations throughout the U.S and Canada . Cartasite utilizes wireless GPS hardware to monitor the location and operating status of fleets and other assets worldwide.
By leveraging Microsoft˙s Virtual Earth, Cartasite can combine WhiteStar˙s well location data with high resolution satellite imagery to precisely identify where and how oil field service equipment is being deployed.
Cartasite˙s powerful geospatial and telemetry processing systems are able to immediately identify and record the arrival and departure events at any of the nations millions of well locations. Companies operating and servicing wells throughout North America can now monitor with precision the activities of their crews and utilization of their equipment.
´Visibility into utilization of assets is one of the most critical issues facing the industry today,ˇ stated Roger Biemans, former President, EnCana Oil and Gas (USA) Inc., one of North America ˙s leading gas and oil producers. ´WhiteStar˙s data and Cartasite˙s technology will allow operators to generate detailed activity logs, exactly reporting the time vehicles and equipment spend on location. This joint offering has the potential to improve asset utilization, which is critical to our industry."
Steve Pickett, VP Business Development at WhiteStar noted, ´The integration of realtime telemetry with our comprehensive well location and header data will enable applications and insights which will profoundly affect operations and mitigate risk by providing direct location information on the whereabouts of critical assets. We are excited to partner with Cartasite and bring these new capabilities to our customers.ˇ |
