Spatial Energy Announces Winner for Remote Sensing Energy Challenge

Judging Panel Picks 3v Geomatics as Top Commercial Remote Sensing Entry

BOULDER, Colo. — (BUSINESS WIRE) — August 9, 2012Spatial Energy today announced the winner of the inaugural Remote Sensing Energy Challenge: Adrian McCardle and Parwant Ghuman from 3v Geomatics Inc. of Vancouver, Canada. Their winning entry, “High Resolution Ice Motion Mapping”, makes a convincing argument for the use of InSAR data for ice monitoring.

The Winner is being announced today and presenting their entry at the 4th Annual Spatial Energy Customer Summit in Boulder, Colorado. Additionally, the winner is receiving a monetary prize of $7,500 for their entry in the commercial category. GeoEye, the sponsor of the Spatial Energy Remote Sensing Energy Challenge, will be making the award presentation to the winners.

“The intent of the Energy Challenge is to encourage entrepreneurs to move their technology into the marketplace to help energy customers increase their exploration and production workflow in meaningful ways,” said Bud Pope, President, Spatial Energy. “Given the economic value of offshore facilities and the risk to unique ecosystems, higher resolution ice motion maps can provide a significant improvement to safety and reduce overall operating costs.”

Dean Edmundson, Vice President, Business Development, GeoEye, “We are proud to give the award to the 3vGeomatics team for successfully demonstrating a remote sensing solution to help find new sources of conventional or unconventional oil and gas.”

The judging panel, respected scientists and oil and gas professionals from around the world, chose the winning submission on the basis of exemplifying innovative applications of remote sensing to meet the increasing demand for energy, as well as technological feasibility and potential for commercialization. The judging panel includes:

  • Adam Carter, Ph.D., Senior Research Geoscientist, ExxonMobil Upstream Research Company
  • Jacek Grodecki, Senior Director, Research & Development, GeoEye
  • Jim Ellis, Ph.D, Principal, Ellis GeoSpatial
  • Julie Parker, Director, GIS Services, Chesapeake Energy Corporation
  • Peter Hausknecht, Ph.D, Coordinator Remote Sensing, GeoTechnical Operations (GTO), Woodside Energy Ltd. and Chairman, Oil and Gas Earth Observation Group (OGEO) Interest Group

More about the winners

3v Geomatics specializes in providing operational monitoring solutions using satellite imaging and Geographic Information Systems to clients worldwide. Focusing on Interferometric Synthetic Aperture Radar (InSAR) technology, 3vG provides information, products and services for monitoring and evaluating terrain movement to improve safety, continue production and maintain infrastructure integrity.

3vG has extensive experience in successfully applying its technology from the Arctic to the Amazon.

About Spatial Energy

Spatial Energy ( www.spatialenergy.com) provides the world’s best collection of energy-specific imagery, imagery analysis and online enterprise imagery and data management services for oil and gas companies operating globally. Over 50 of the Top 100 oil and gas companies worldwide use Spatial Energy to increase speed to drilling, maximize production, lower costs and monitor and protect their assets.

Imagery is available on demand from our data archives, by tasking satellites and aerial providers, by speculative collection and by hosting corporate imagery. Our data is tailored for use within geological and geophysical desktop applications, as well as web applications and geoportals. Our Enterprise Remote Sensing Solutions (ES2) provides one source for a full range of remote sensing services. We offer subscription programs such as the Spatial Energy Partner Program (EPP), BasinWatch and Spatial on Demand ( www.spatialondemand.com) to provide simplified, cost effective access to acquiring and managing imagery as a corporate asset. For more information, visit our website at www.spatialenergy.com.



Contact:

Spatial Energy
Robin Leventhal, 1-303-625-1033
Email Contact




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