Upstream, Midstream & Downstream Oil & Gas. Legal Name: Three Span Oil & Gas. Ultimately, GIS enables better decision-making during emergency situations. 58% increase from the same period in 2020. Three Span Oil & Gas looks forward to building its relationship with Quorum Software and continuing to receive incomparable customer service.
This includes the number of field workers on-site, as well as their physical location (thanks to mobile device tracking). The firm has adopted a principled business model that has served it well during its existence and allowed it to take advantage of the good times while also weathering the boom-bust cycle of the industry. In addition, at some sites the natural gas extracted is not intended for sale. Three Span Oil & Gas's Director Of Human Resources is Deborah Baldridge. 15 boe/d in Scurry county in September 2021, an increase of 2. First, the platform is integrated with a host of other applications that make land management an efficient process. Phone Number 432 684 6511. Its employees embody this pedagogy in their dealing with land & mineral owners, service companies and other operators. HOUSTON, Aug. 22, 2018 /PRNewswire/ -- Quorum Software, the leader in digital transformation for the oil and gas industry and the market leader for land management, recently announced Three Span Oil & Gas, a small, independent oil and gas exploration and production company out of Midland, Texas, as the latest company to implement myQuorum Land On Demand. All of these factors impact profitability, and in some cases force companies to abandon production early at the risk of losing almost all of their considerable initial investment. Update / Remove this Business. Drilling Activity ( Jan 2017 - Mar 2023). "Quorum is providing reliability to companies through our on demand offering of the industry's leading land software.
The new myQuorum Land On Demand package includes software, services and support priced to maximize value for small and medium-sized operators short on time and resources, while providing scalability to meet business growth. Quorum Software has relied on its experience in providing energy companies with business software to bring a solution that empowers both small and medium-sized operators in the oil and gas industry, helping them to manage land assets more efficiently. Frequently Asked Questions about Edgar Baldridge. For more information, visit About Three Span Oil & Gas. Since the company's incorporation in 1998, Three Span Oil & Gas has seen its operations expand into 11 counties, including Dawson, Hockley, Lynn and Scurry, among many others, where it produces more than 2, 000 net barrels on a daily basis. Though ya'll might want to know the current leasing negotiations for this area of Texas. Processing - Transportation - Storage. 1250, Midland, TX 79701-4634. "myQuorum Land On Demand was created with growing companies like Three Span Oil & Gas in mind, " said Soroosh Seyhoon, Quorum Vice President. Get started in GIS by mapping the data you already have - spreadsheets, photos, and more - with a 30-day free trial. Gary E. said "VERY Honest staff and fair prices. This stage also lasts two to three years, or sometimes longer in the case of larger fields.
Acquired in 2009, the properties span three fields across the unconventional oil and natural gas play and are operated by Murphy, with a 60% to 100% average working interest. Address: 400 W. Illinois, Ste. With GIS oil and gas operators can: - Capture, analyze, and store data about potential drill sites. 36% in total oil and gas production to 4, 539. During this period, production increases gradually as more and more wells are drilled. Where are Three Span Oil & Gas's Headquarters? In the oil and gas industry, for example, companies continue to engage in more land agreements, which makes it imperative for these firms to make use of software solutions that can manage these agreements easily and quickly. 78% in production when compared with the previous month. Three Span Oil & Gas, Inc. is an oil & gas exploration & production company based out of Midland, TX. Refinery management involves organizing data, informing operational decisions, and reducing costs. 7 miles away from Three Span Oil & Gas. Three Span Oil & Gas's revenue is $1 - 10M.
The intuitive user interface enables the company to track issues such as depth severances, drilling requirements, and even allows for keeping an eye on joint operating agreements (JOAs). Buyer intent data, anonymous visitor identification, first party data integration backed by a massive contact database that will supercharge your sales team. For example, if oil prices drop over a long period of time, companies may decide to abandon an oil field earlier than planned. Second, the platform is built on persona-based user experience, allowing users to personalise their experience based on their particular roles. Three Span Oil Gas Inc. Hello Visitor. From upstream well planning to downstream refinery management, and even into long-term environmental monitoring - every sector of the oil and gas industry can benefit from using GIS. The Well flowed 1, 407 boe/d which consists of 1, 230 Oil BOPD and 1, 028 Mcf of gas on a 6, 900 foot lateral. 75 bd in September 2021 from the previous month, while gas production up by 2. Once a resource is extracted, the upstream phase is considered complete. Plateau production, when output stabilizes. Speaking during the announcement, Three Span's Land Manager EJ Baldridge pointed out the platform's ease of use and comprehensive features as some of the main things that stood out.
Oil and gas companies must closely monitor environmental changes associated with their operations, especially given the current focus on shale play development. Three Span Oil & Gas's Social Media. Overall, GIS is an incredibly useful tool that offers significant benefits across every sector of the oil and gas industry. Oil and gas is a massive industry: processes have long timelines and projects span significant distances. CBA was highly recommend to me from a life long personal friend and business owner who has lived in Midland for many years. Refinery Management (Downstream). This involves: - Calculating the field's profitability to determine whether or not the future sales of oil and gas will be enough to cover the cost of production over the field's entire lifespan. Upstream oil and gas covers both exploration and production: encompassing the search, recovery, and production of crude oil and/or natural gas.
Things don't always go according to plan in oil and gas production. The cost of extracting and separating the water out can result in a loss-making operation. Only hold-up is the lease. Downstream oil and gas operations focus on refining both crude oil and raw natural gas, as well as sales and distribution to customers.
The partnership is key for efforts in Scurry, which contains the prolific Synder oil field, which was the largest oil field in the lower 48 when it was discovered in the 1950s. For media inquiries in the U. S., contact Edelman Houston at 713-377-6438, [email protected]. Defining the field's production profile in order to forecast annual production volumes from the start of production to abandonment. To continue, please click the box below to let us know you're not a robot.
53% in September 2021 from 1, 879. Studies at this point focus on which extraction methods should be used and how products brought to the surface will be processed, temporarily stored and shipped. Near My Current Location. Well Planning (Upstream). The analysis urges Congress to get the Federal Trade Commission to investigate possible price gouging, require that companies use or give up public lands for more productive uses, and pass a windfall profits tax that would give the American people a share of Big Oil's profits. This includes obvious substances such as gasoline and diesel, as well as hydrocarbon based products such as fertilizer, preservatives, and plastics. There is some amount of overlap between upstream, downstream, and the midstream sector. I see a permit going through the East side of that section if Block 3, and the plat looks like it includes the NW4. Explore GIS applications within... Plus, check out our white paper on collecting field data more efficiently with cloud-based tools. And yet, robust maps are critical to contextualizing work in the field and streamlining communication.
Fortunately, GIS can assist with both emergency planning and response management. 5 Applications for GIS in Oil & Gas. The company values the user experience of the myQuorum platform and Quorum's commitment to obligation management. Before production can begin, they must devise a development plan.
That in mind, it's easy to see how geographic information systems (GIS) are useful in this industry. For more information you can review our Terms of Service and Cookie Policy. Over the last 20 years, Quorum has implemented land solutions for more than a hundred oil and gas companies ranging from small independents to supermajors – including eight of the 10 largest operators in the United States. Website: Employees: 4. 400 W Illinois Ave. Midland, TX.
"Using Apollo, we've solved the biggest problem for every business, the lead problem. With GIS, users can integrate various data types, compare between current and prospective land holdings, evaluate potential sites quickly, and streamline internal decision making. Downstream oil and gas assets include petrochemical plants, natural gas distribution outfits, oil refineries, and retail operations such as gas stations.