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New Drillinginfo - Hart Energy’s Rextag Partnership For Midstream Analytics Service
02/08/2019
Drillinginfo stated on Jan. 29 it formed a new strategic collaboration with Hart Energy’s Rextag unit for the purpose of creating a combined midstream business product.
The Drillinginfo-Rextag integration provides a cutting-edge solution to analytical mapping for the midstream sector with all relevant datasets in one platform, which provides powerful context and unprecedented infrastructure siting and mapping.
Dubbed Drillinginfo Midstream Infrastructure, the new combined service is now available to current users or new customers and is uniquely positioned to address questions such as:
- Which gatherers operate in the vicinity and may be able to pick up my production?
- Are there buyers for the production from my wildcat well?
- Which potential acquisition candidate merits premium pricing because they are next to existing, available takeaway infrastructure?
- Where might unforeseen pipeline bottlenecks occur?
- Knowing the true takeaway capacity, how do I gauge the impact of supply adds/misses and changes in pricing?
- How will increased oil pipeline capacity (or rail) affect the discount crude price?
Rey Tagle, Hart Energy’s senior vice president for data services and founder of Rextag, said in a statement: “We are excited to partner with Drillinginfo and are confident the new DrillingInfo Midstream Infrastructure service will become an essential tool. This new integration provides unique value by combining data from the two leading upstream and midstream providers in one platform.”
About Drillinginfo
Drillinginfo delivers business-critical insights to the energy, power, and commodities markets. Its state-of-the-art SaaS platform offers sophisticated technology, powerful analytics, and industry-leading data. Founded in 1999, Drillinginfo has quickly emerged as the unquestioned leader in oil and gas exploration information services.
About Rextag
Rextag is a part of Hart Energy, one of the energy industry's largest information providers.
Rextag maintains one of the biggest energy database and serves it as GIS (Geographic Information System) data, web-based Geoweb portal and printed maps.
Source: oilandgasinvestor.com
If you are looking for more information about energy companies, their assets, and energy deals, please, contact our sales office mapping@hartenergy.com, Tel. 619-349-4970 or SCHEDULE A DEMO to learn how Rextag can help you leverage energy data for your business.
Rextag: first 2019 GIS Data Update
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As promised, the latest Rextag GIS Data Update has been released. Here are some of the highlights and some examples of what you will find in the overhauled first update of 2019.
Drillinginfo & Rextag Join Forces For New Midstream Business Product
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Drillinginfo has announced a new strategic collaboration with Hart Energy’s Rextag unit to create a combined midstream business product. The Drillinginfo-Rextag integration provides a cutting-edge solution with all relevant datasets in one platform, which provides powerful context and unprecedented infrastructure siting and mapping.
![$data['article']['post_image_alt']](https://images2.rextag.com/public/blog/184Blog_Rangeland Energy Divests Canadian Pipeline to Kingston Midstream.png)
Rangeland Energy has agreed to sell Rangeland Midstream Canada to Kingston Midstream Alberta and remains committed to future Canadian midstream investments. Texas-based Rangeland Energy, supported by financial partner EnCap Flatrock Midstream, has inked a deal to sell its Canadian subsidiary, Rangeland Midstream Canada Ltd., to Calgary's Kingston Midstream Alberta Ltd. for cash.
![$data['article']['post_image_alt']](https://images2.rextag.com/public/blog/187Blog_ONEOK Completes Acquisition of Magellan Midstream.png)
The merger between ONEOK and Magellan received approval from Magellan shareholders, securing just 55% of the total votes at Magellan’s meeting on Sept. 21. ONEOK Inc. has successfully concluded the acquisition of Magellan Midstream Partners LP on Sept. 25. The deal will bring together their respective assets and expertise, resulting in a powerful entity boasting an extensive network of approximately 25,000 miles of pipelines primarily focused on transporting liquids.
![$data['article']['post_image_alt']](https://images2.rextag.com/public/blog/186Blog_Viper Energy Secures $1 Billion in Permian.png)
Viper Energy's deal, comprised of cash and equity, secures an additional 2,800 net royalty acres in the Midland Basin and 1,800 in the Delaware Basin. Viper Energy Partners LP, a Diamondback Energy Inc. subsidiary, has inked a deal to acquire mineral and royalty interests in the Permian Basin. The deal, valued at around $1 billion, is with Warwick Capital Partners and GRP Energy Capital. Viper was established by Diamondback with the purpose of owning, purchasing, and capitalizing on oil and natural gas assets in North America, specifically targeting mineral and royalty interests.