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geoAMPS featured in Hart Energy publication


The nation’s midstream is growing at a pace unparalleled for decades. This “midstream build-out” is the result of increased volumes of natural gas liquids due to sharp growth in shale gas production.

Over the next 25 years, nearly $4 billion in infrastructure investment is expected annually, as thousands of miles of pipeline are added or restructured on the midstream map.


But is the industry ready to tackle such a large number of projects with the speed and efficiency required? Industry representatives tell geoAMPS that a significant pain point is that their organization lacks a centralized data management system. In too many instances, companies involved in the build-out, engaged in projects costing millions, even billions of dollars, are using antiquated data-storage systems and administrative tools that hamper staff and cause the organization to lose money.
 
Midstream Business
 
An article about the geoAMPS solution to meet this industry need has been published in the June edition of the prestigious Midstream Business magazine. Midstream Business is a publication of Hart Energy, which ranks worldwide among the leading providers of news, data and analysis for the global energy industry.
 
The article, titled “Streamlining the Midstream,” is written by Yogesh Khandelwal, President and Chief Executive Officer of geoAMPS.
 
Company representatives understand that upgrading their company’s technology provides an opportunity to do more with less. Still, for one reason or another, many delay or, worse, resist an upgrade.
 
Numerous problems arise when midstream companies rely on outdated technology and processes.
 
Too many companies and their supporting organizations are still working from paper records. These records go back many years and are so voluminous that the company has run out of cabinets and space to store them. Yogesh recently visited a midstream company gearing up for $1 billion in projects. They keep an overabundance of paper records in boxes stacked to the ceiling.
 
This company also maintains hundreds of paper maps, each marked the old-fashioned way: with colored pencils and crayons. They are stored in binders with printouts folded or taped together. Important project details, such as restrictions and contact information, are recorded on sticky notes.
 
Besides the exorbitant amount of storage space, paper records and maps are an inefficient use of project planners’ and field agents’ time. Few can navigate this system of recordkeeping. 
 
Access to records and information is one problem inherent with reliance upon antiquate systems.  Maintaining knowledge retention within the organization, through employee turnover and retirement, is another.
 
geoAMPS solution
 
While there are plenty of problems and obstacles to overcome, the good news is that the industry is seeking answers. Companies want consistency of information and recordkeeping. They want a system that will make their operations fluid. They want automated notifications, reports and management of ongoing payment obligations. 
 
Software advances are addressing industry needs. The right solution can help companies complete midstream projects on schedule and within budget. It can assist with ongoing operation and maintenance. That, in turn, will help secure financing for future projects. The companies can remain players in the midstream build-out.
 
Check out the link to the article in this post or see a copy of the June edition of Midstream Business. For more information on how geoAMPS can benefit your organization, contact Guy Allen, Business Development Director, at 614-389-4871. Visit www.geoamps.com.
 
Dan Liggett is Communications and Public Relations Manager of geoAMPS, a technology company in the Columbus, OH, area that specializes in software solutions to manage land rights and infrastructure assets.

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