Sensor Technology Allows Better Visibility in Tracking Fluids

Low Oil Prices Create Interest in GroundMetrics Technology

Eiskamp sees great potential for the company’s technology in today’s low oil price environment. The level of interest seen in GroundMetric’s technology a year ago versus today is like night and day, Eiskamp commented. At the dozen meetings that GroundMetrics set up with producers a year ago, they might get one or two people, then six, and then interest would wane.

“Nobody was willing to push it internally because they were so busy.”

Today, the company is putting together several pilots with producers with a fraction of the effort GroundMetrics had to put into the Encana job over a year ago. The need for efficiency is driving this surge in interest.

“Oil prices are pushing them in this direction,” said Eiskamp. “In an odd way, it’s tremendous timing for us.”

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