Revolutionary technology launched at NAPE brings new insight to exploration and production (E&P)
Ai PRIME, a new technology company launching at NAPE today, is replacing Google Earth for the Texas oil and gas sector.
Users are signing up for the free, easy to use, online platform which integrates information from multiple sources and enables mass collaboration and intelligence at a level never before available. The imagery alone is more than 10 times clearer and is more up-to-date than any other provider can deliver.
Users also have options to buy additional services such as new information or bringing on a company’s own data, providing a customized and highly collaborative decision-making tool for E&P companies.
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Ai PRIME CEO Nelson Paez says, “We are thrilled to be able to unveil such game-changing technology at NAPE this year and we are looking forward to helping E&P companies gain an edge.
“For our customers the risk of not having all this information at your finger-tips is down-time, wasted travel to remote sites and slow gathering of inaccurate information which can lead to poor and/or significantly delayed decision making. This slow and often inaccurate approach directly impacts the bottom line, and not in a positive way! We believe new technology like ours delivers competitive advantage and we are in Texas to help drive that.
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“The clarity and collaboration provided by Ai PRIME is revolutionary – you could find a lost phone in a million acres by zooming in to an accuracy of less than 10cm ground resolution across the Permian Basin. We’ve seen discrepancies on Google Earth as it’s simply not designed for the needs of E&P companies, is comparatively difficult to use and does not integrate or collaborate with all the other tools being used separately.
“We believe our superior and more precise monitoring plus data management system will save companies tens of thousands of dollars per prospect and if you also apply that to thousands of assets, the cost efficiencies alone will be significant,” he says.
Ai PRIME has designed the system by commercializing decades of experience with the U.S. Government in intelligence, surveillance and reconnaissance.
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