Hart Energy-P2 Partnership Brings Unrivaled Geospatial Data Solution to Upstream Oil & Gas12/16/2014
Partnership Empowers U.S. E&P Firms Facing Lower Oil Prices to More Effectively Plan Drilling Projects and Hydrocarbon Transportation
DENVER, CO and HOUSTON, TX – (Dec. 16, 2014) – Hart Energy and P2 Energy Solutions today announced a partnership that creates a single point of access to the industry's leading pipeline, railroad, and competitive oil and gas data, enabling upstream organizations to perform better analysis and make quicker business decisions.
The partnership combines P2's Tobin Data and Hart Energy's Rextag data. Tobin Data includes survey, ownership, well, lease and lease-activity information while Rextag midstream infrastructure datasets include digitized information on 800,000 miles of oil pipelines, 150,000 miles of gas pipelines, and 400 rail loading and unloading terminals. The newly added midstream data layers also include information on:
- LNG terminals
- Gas processing plants
- Gas storage facilities
- Liquid terminals
Having the ability to view all of this data together in one place – on Tobin's interactive map – allows oil and gas teams to identify prime locations where infrastructure already exists or is under development.
"This partnership gives E&P firms the best of both worlds – rich data presented on a user-friendly map," said Kevin Higgins, Hart Energy's President and COO. "When teams can refer to a single digital map for all of their data needs, they can get their questions answered quickly and reduce the kinds of costly errors that are commonly made during fast-paced leasing cycles."
Added Charles Goodman, P2's President and CEO: "We're thrilled about this partnership because these datasets simply work better when they're used together. The more geographic and logistical data that E&P project teams have at their disposal, the better their chances of overcoming hurdles they face in today's challenging environment."
About Hart Energy
For 40 years, Hart Energy editors and experts have delivered market-leading insights to investors and energy industry professionals. The Houston-based company produces award-winning magazines (such as Oil and Gas Investor, E&P and Midstream Business); online news and data services; in-depth industry conferences (like the DUG™ series); GIS data sets and mapping solutions; and a range of research and consulting services under the Stratas Advisors brand. For information, visit hartenergy.com.
P2 Energy Solutions Empowers the People Who Power the World. Upstream oil and gas professionals who are focused on solving tough challenges rely on P2 software, data and analytics solutions to optimize their business performance. More than 1,500 companies from around the world use P2 solutions every day to manage their land assets, measure and process financial information, optimize production, manage their reserves and so much more. www.p2energysolutions.com.
For more information on this partnership, contact firstname.lastname@example.org.