Sensornet Marks 10th Anniversary with DTS System's Launch
Sensornet has celebrated its 10th anniversary with another world first with its Sentinel DTS system recording a ground-breaking temperature resolution of just 0.004 degrees C in a 4,500m horizontal well.
Detecting and interpreting the extremely fine temperature changes in the long horizontal well was essential to providing the major Middle East operator with the information required to optimise production. This is just one of Sensornet's latest permanently installed distributed temperature systems to prove their continued ability to measure better than 0.01 degree C.
During their tenth anniversary year, the company has also installed the world's first distributed fiber optic monitoring system in a Maximum Reservoir Contact well in the Middle East. Neither would have been possible without the significant investment in technology and people since the company's inception a decade ago.
Established by two fiber optic experts at its headquarters in London, Sensornet has grown exponentially across all five continents and currently has bases in Dubai, Bahrain, Calgary, Houston, Kuala Lumpur and Aberdeen. The company has been experiencing rapid financial growth and this year has been recognized with a 24th place positioning in the prestigious 2008 Deloitte Technology Fast 50 awards, which is a ranking of the 50 fastest growing technology companies in the UK.
Sensornet has also established key partnerships with regional companies to provide local, integrated solutions and after-service care for its customers. June 2008 saw a joint venture with Houston-based BMP Enterprises to provide upstream and downstream monitoring products to the United States oil and gas market. The new partnership is currently monitoring a water injection well for a major oilfield operator in Alaska. Another example of a key partnership recently formed is a Master Service Agreement with Aker Well Services to provide an enhanced well intervention flow profiling service to the global oil and gas market over a period of three years.
To push the business even further, the company is diversifying its product line to provide a range of monitoring solutions which are not solely focused on fibre optics as it aims to provide an integrated solution for its customers.
Sensornet CEO, Neale Carter, said, "A key factor to our growth and success has been listening to our customers. We have evolved the company and its product range over the past decade to meet market demands and client requests. Our commitment to developing the most advanced technology and investment in the most ingenious team over the past decade has positioned us at the forefront of innovation and growth.
"We operate in a very competitive industry and to stay ahead of the game we ensure that our ideas are new, fresh and solve the industry's monitoring challenges. I know the work we have put in over the past ten years has put us in a very good place to continue our successes into the next decade."