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Hart Energy's GIS Data Posts Record Quarterly Results

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HOUSTON, TEXAS, April 9, 2013 (GLOBE NEWSWIRE) -- Hart Energy's Mapping and Data Services unit (formerly known as Rextag Strategies) today announced its best quarter ever, as it added more than 41,000 pipeline miles to its GIS pipeline database — for a franchise record of 1,053,851 miles. This significant milestone reflects the continued investments in data research and developments, and continued growth of the industry's leading mapping service platform.

"Our goal is to continuously improve our data to maintain and solidify our position as the leading energy GIS data vendor," said Rey Tagle, vice president of Hart Energy (and founder of Rextag Strategies). "Reaching this record is evidence of our commitment to provide the best possible GIS data services to our clients."

Other major updates this quarter include:

PIPELINES

  • Added thousands of miles of oil and gas gathering systems in the Appalachian, Bakken, Rocky Mountains, and states such as Louisiana, New Mexico, Oklahoma, Texas, and Utah
  • Updated ownerships of many different systems which have changed possession after multiple mergers and acquisitions
  • Complete re-processing of all Texas pipeline data
  • Dramatically improved spatial alignment for natural gas pipelines in Colorado, Kansas, Ohio, Oklahoma, Texas, and Wyoming

FACILITIES

  • Gas storage

-Updated spatial alignment on more than 15 percent of facilities
-Updated ownerships and other attributes

  • Gas processing

-Updated spatial alignment on more than 75 percent of facilities
-Updated ownerships and other attributes

  • Gas compressor

-Updated spatial alignment on more than 60 percent of facilities
-Added hundreds of facilities

OIL & GAS WELLS

  • Completely replaced and updated all well data for Arizona, California, Colorado, Kansas, Ohio, and Texas

Hart Energy Mapping and Data Services aggregates, publishes, and distributes GIS mapping data for the energy industry and owns the largest and most comprehensive mapping database of energy infrastructure assets for North America. This data is licensed to clients for use in their own internal research and mapping needs. For more information, visit rextagstrategies.com.

About Hart Energy

For 30-plus years, Hart Energy has been a leader covering energy news and technology for investors and executives. The Houston-based company produces magazines (Oil and Gas Investor, E &P, Midstream Business, and FUEL), online information services (A-Dcenter.com, OilandGasInvestor.com, and UGcenter.com), and industry newsletters, and provides upstream energy research and downstream consulting services. Hart Energy boasts exceptional strength in unconventional resources, e.g., its Developing Unconventionals (DUG™) conference series, its Global Shale Gas and Global Shale Oil studies, and more. Visit hartenergy.com for more information.

A photo accompanying this release is available at:
http://www.globenewswire.com/newsroom/prs/?pkgid=16374

CONTACT: Susan D. Emfinger 713.260.1069

Source: HART Energy