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Link Energy Leverages GeoRoom to Increase Pipeline Profits
Posted in Client News, GeoRoom, Oil & Gas, Pipeline, Right-of-Way
HOUSTON, TX November, 2003 – R7 Solutions announced an agreement today to provide its GeoRoom location-aware business process application to Link Energy LLC. GeoRoom will provide automation and analysis to Link Energy’s core pipeline and petroleum transport business, as well as support for trading and marketing activities.
According to Steve Findley, Link Energy project manager, GeoRoom will allow the company to gain much greater visibility into live pricing and transport operations, as well as providing built-in location analysis in order to take advantage of arbitrage opportunities.
R7 Solutions expects to complete the integration and roll-out of the GeoRoom system within three months, including providing indexing and geocoding of the client’s documents and connections to existing pricing and trading systems that will provide real-time data to users of the system.
About Link Energy
Link Energy LLC is engaged in the purchasing, gathering, transporting, trading, storage and resale of crude oil and related activities. The Company gathers and markets from approximately 17,000 field gathering points in 15 states and Canada, averaging 254,000 barrels per day as of December 31, 2003. In addition, the Company is engaged in interstate and intrastate crude oil transportation and crude oil terminalling and storage activities. It purchases crude oil from various producers and operators and market the crude oil to refiners and other customers nationwide. It transports crude oil through pipelines, including approximately 7,450 miles of active gathering and transmission pipelines that it owns, as well as through its trucking operations, which includes a fleet of 200 owned or leased trucks. Link Energy has approximately 8.1 million barrels of active storage capacity associated with field tanks.
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