“After more than a decade of investing in our proprietary network of energy monitors, Genscape puts this data at your fingertips," says Chris Sternberg, Managing Director of Oil at Genscape.
Louisville, KY (PRWEB) June 07, 2013
Genscape, a pioneer in developing sophisticated and patented energy monitoring systems, today announces the launch of its virtual Canadian oil supply chain service. The new service leverages Genscape’s proprietary in-the-field energy monitors to track oil storage, pipeline and rail movements.
“It used to be the only way to get operational data on storage, pipelines, rail, refineries, and vessel movements was to actually own the infrastructure,” said Chris Sternberg, managing director of oil for Genscape. “After more than a decade of investing in our proprietary network of energy monitors, Genscape puts this data at your fingertips.”
Mr. Sternberg will be presenting Genscape’s state-of-the-art North American oil offering at the upcoming Gas & Oil Expo later this month in Calgary, Alberta, Canada (http://gasandoilexpo.com/conference/). From aerial and infra-red photography of crude storage tank volumes; to real-time pipeline flow monitoring of 28 key crude oil pipelines; and satellite tracking of infrastructure build-outs, attendees will gain a clear picture of the engineering tools deployed to help you keep ahead of the ever-changing North American crude oil infrastructure landscape. Free trials of any Genscape oil service are available upon request: http://info.genscape.com/oil-services-press.
During this 30 minute presentation, attendees will learn:
- What is the “new normal” crude flows from Canada, Bakken, and Eagle Ford
- How these new flows are affecting historical basis relationships
- How capacity build-outs in Edmonton, Hardisty, Cushing and other key storage areas are affecting the North American market
- A real-time data overview of Seaway and other key pipeline build-outs and ramp-up rates
- A first glimpse of what may become a new WTI trading hub in the USA
Discover how some companies have access to inside data on oil storage, pipeline and rail movements without investing billions to own or build it. See how to use this data to understand the rapidly changing oil market and determine the best economic routes and timing for moving oil into the best economics.
Genscape uses a wide range of infrared camera systems, electro-magnetic field monitors, high resolution aerial photography and other state-of-the-art techniques to measure and collect data on plant trips and outages, energy flows, inventories and flow rates. The data is then normalized and analyzed by a large staff of meteorologists, economists, and analysts using sophisticated mathematical models and algorithms. The data is then presented in a series of maps, charts, and graphs so market participants can “see the energy” across a locality, region, or continent. The service also delivers alerts and market analysis, and paid subscribers get additional access to additional data and live analysts on call to answer questions and deliver customized data. http://www.genscape.com
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