Petrospects on Oil and Gas Startups

The last thing you want when you’re completing a well is any sort of frac hit that could mess up your wells, other operators’ wells or cause someone to get hurt. So how do you know who is frac’ing where and when? You’d think there would be some sort of centralized database for this but this is the oilfield. But don’t worry, the guys at Petrospects are solving this problem with their TracFrac product.
The last thing you want when you’re completing a well is any sort of frac hit that could mess up your wells, other operators’ wells or cause someone to get hurt. So how do you know who is frac’ing where and when? You’d think there would be some sort of centralized database for this but this is the oilfield. But don’t worry, the guys at Petrospects are solving this problem with their TracFrac product.

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00:00 - Intro
00:38 - What is a frack hit
05:32 - Petrospecs’ founding story
09:43 - What is TrackFrac
10:57 - How does FutureOn get their data
12:47 - Adoption of fracking technology
18:14 - Upcoming projects and innovations
20:28 - Utilizing datasets effectively
25:28 - Current status of PetroSpects
26:36 - Future goals for PetroSpects
27:47 - Contacting PetroSpects

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Petrospects on Oil and Gas Startups