Sourcewater provides a comprehensive database of water sources, reuse, and disposal options for the upstream energy sector, utilizing patented satellite imagery and AI analytics to track water logistics and drilling activities. This platform enables energy companies to optimize water sourcing and disposal, reducing operational costs and improving efficiency in water management.
Funding
$7.2M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Upstream energy companies face challenges in efficiently managing water resources for operations, including sourcing, reuse, and disposal. Inefficient water management leads to increased operational expenses and logistical complexities. Monitoring drilling activities and water logistics is difficult, especially early in the process.
Solution
Sourcenergy provides an intelligence platform for the upstream energy sector, delivering comprehensive data and analytics on energy and water activity. The platform utilizes patented AI and machine learning techniques applied to satellite imagery, GPS data, web scanning, and regulatory data to provide insights into surface and subsurface activities. Sourcenergy enables energy companies to optimize water sourcing and disposal strategies, identify cost-saving opportunities in water logistics, and gain early visibility into drilling plans. By providing a unified view of water sources, infrastructure, and market pricing, Sourcenergy facilitates informed decision-making and improved operational efficiency.
Target Audience
The primary target audience includes oilfield service companies, E&P operators, mineral buyers, and water midstream companies seeking to optimize water management, identify new business opportunities, and improve operational efficiency.
Features
- DirtWork Alert™: Patented satellite imagery analytics to detect new well pads, frac ponds, and drilling plans ahead of permit filings.
- Water source mapping: Commercial maps of water midstream pipelines, water wells, and treatment facilities with market pricing.
- Logistics optimization: Identification of cost-saving opportunities by analyzing water movement between leases, SWDs, and pipelines.
- Disposal insights: Volume, pressure, and capacity data for every SWD, with injection intervals and formations.
- Geoscience platform: Subsurface mapping of Permian disposal formations with true depths, injection intervals, pressures, porosity, and permeability.
- FracScape™: Near real-time tracking of frac crews, rigs, and DUCs using mobile GPS analytics.
- Regulatory data integration: Aggregation of federal, state, and local permit, well log, land, seismicity, and geology records.