• The Value of Satellite Imagery In Oil and Gas Analysis With Eric Anderson

  • Jul 18 2022
  • Length: 42 mins
  • Podcast

The Value of Satellite Imagery In Oil and Gas Analysis With Eric Anderson

  • Summary

  • On this week’s episode, Tom and Phil are joined by Eric Anderson, Chief Technology Officer for SynMax. SynMax uses imagery and data collected by satellites combined with AI to deliver insight to the oil and gas industry that has previously only been modeled or forecasted. This allows producers, hedgers and energy traders the ability to clearly see what’s happening and make better decisions. Eric explains that the perfect combination of factors have come together with the ability to create something really valuable using satellite imagery for the oil and gas industry and many other industries as well.

    Highlights:

    4:57 The Start of SynMax

    7:17 How much it would cost you to buy your very own satellite

    12:04 How the data collected by satellites is used

    14:02 How satellites have been used in the past

    16:39 Why the data provided by these satellites is important

    22:03 Other products SynMax offers

    22:18 Dark vessel detection

    32:51 Tracking emissions with satellites


    About Eric Anderson:


    Connect with Eric:

    www.synmax.com


    About SherWare, Inc.

    If you’re enjoying this episode, please subscribe to our podcast and share with a friend! We also love ratings and reviews on Apple podcasts.

    SherWare creates software to simplify your accounting needs so you have more time to do the things that matter. We serve independent oil and gas operators, accountants and investors with a platform to manage their distributions and joint-interest billings on a platform -- and we’re the only software on the market that can integrate with your QuickBooks company.

    Click here to watch a demo of the software in action right now.

    About COPAS:

    COPAS provides expertise for the oil and gas industry through the development of Model Form Accounting Procedures, publications, and education. We are a forum for the active exchange of ideas which result in innovative business and accounting solutions.

    Find a society near you.

    www.copas.org



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