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.