#044: The Value of Satellite Imagery in Oil and Gas Analysis With Eric Anderson
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.
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:
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About SherWare, Inc.
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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.
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.