Revolutionizing Oil and Natural Gas Industries with SOTA X
Oil companies are compensated for the production of the oil and charged for disposing of the water from the crude oil, power, compression, etc. SOTA X tracks the amount of oil and gas purchased along with the charges for water removal. Lower operational processes are very crucial for managing the cash flow.
How does SOTA X help our clients?
SOTA X is equipped with a predictive analytics model that helps to analyze and track the number of barrels sold based on several sets of sensor data, also it helps in further analysis of tank levels, meters, and ML-based rate of change calculations, etc. such organization reached us as of late to comprehend the reason why they have come up short on a significant degree of oil barrels. When we went over this case and researched, our examination mirrored that the organization had sold 129,598 barrels however they were just paid for 128,396 barrels. Furthermore, if we calculate the cash flow at stake (oil being $75/barrel), payment of an amount of $90,150 was missing. It was truly a disclosure when we figured out the purchaser had not represented the numbers appropriately for 9 days. Our client (the company) had transparent, defensible and time-stamped sensor data, for which they asked the purchasers to provide proof and paperwork for the same. The purchaser furnished the data except for those 9 days. It was found out that their pipeline & tank measurement systems were not functional for which they entered the data manually. After this disclosure, the buyer had to remunerate the remainder of the amount that they didn't. It was quite a joyful moment for us as we helped our client to recover from the loss.
SOTA X vs Frontline Workers:
SOTA X helps to generate automated tickets for trucks that transport the commodity. Manual generation of tickets by the truckers can be a major issue. SOTA X eliminates the manual process of generating correct and accurate tickets. This manual activity can take hours and yet can be incorrect because the frontline workers of the oil and natural gas company had to match it with the same provided by the truckers from the purchasers.
We have helped clients smoothly to track the inventory as well as lost oil through which we have assisted them in recovering over $1.5M per year. SOTA X has been working seamlessly in large manufacturing industries. We provide real-time data with proper time-stamps that help you to provide genuine and flawless data in case any kind of discrepancies is observed by the purchasers.
Join our journey!
Artificial intelligence and machine learning are the next big things that will encompass the major industry to manage cash flows. Be a part of SOTAOG to understand how we can change your fortunes in a stipulated time period and help you scale your profits.
1707 ½ Post Oak Blvd
Houston, Texas 77056
United States of America
SOTAOG| Maximizing Profits for
Energy & Heavy Industrials
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Revolutionizing Oil and Natural Gas Industries with SOTA X here
News-ID: 2624426 • Views: 496
More Releases from sotaog
SOTAOG Joins Industry Experts at Emerging Computing Technologies in Conference
SOTAOG joins other Oil & Gas industry experts at the IoTEmerging Computing Technologies in Oil & Gas Conference to showcase how emerging computing technologies can further streamline the oil and gas industry, create significant OPEX reductions and improve safety across operations. This major event was attended by some of the biggest names in Oil & Gas including ExxonMobil, Chevron, Schlumberger, Halliburton, CITGO, Devon Energy among others. The event highlighted how major
More Releases for SOTA
Growth Opportunities in Global Composite Packaging Market to 2019| SOTA Packagin …
Researchmoz (RMOZ) added Most up-to-date research on "Global Composite Packaging Market Insights, Forecast to 2025" to its huge collection of research reports. Composite packaging is composed of two or more than two kinds of materials, which are combined by one or more dry composite processes, thus forming a certain function of packaging. Currently, the food and beverage industry accounted for the maximum market share and will continue to dominate the market. To Get
Automotive Alloy Wheel Market 2018 to 2023: Global Leading Players MHT Luxury, E …
Automotive Alloy Wheel Market: 2018 Share, Size, Trends, Global Research Report - Forecast to 2023 is latest report on Global Automotive Alloy Wheel System Market with Regional Outlook To 2023. This published report provides Automotive Alloy Wheel Market Analysis by finishing type (Polished alloy wheel, Two-toned allay wheel and Others), By Wheel type (Compact-size, Mid-size, Full-size), By application (Passenger cars, Commercial vehicles and Two wheelers) and Region. Automotive Alloy Wheel industry
Automotive Alloy Wheel Market 2018 By Global Key Players: Euromax, MHT Luxury, S …
April. 4, 2018 (NEWS) -- Automotive Alloy Wheel Market Research Report 2018 expands information on Automotive Alloy Wheel Market by finishing type (Polished alloy wheel, Two-toned allay wheel and Others), By Wheel type (Compact-size, Mid-size, Full-size), By application (Passenger cars, Commercial vehicles and Two wheelers) and by Regions. The global market of Automotive Alloy Wheel will grow at a rapid pace over the forecast period. The global market of automotive alloy
Global Dental Imaging Software Market 2017-2022 Key Players: Planmeca Romexis, S …
Dental Imaging Software Market: WiseGuyReports.com adds “Dental Imaging Software Market 2017 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2022”reports to its database. Executive Summary This report studies Dental Imaging Software in Global market, especially in North America, Europe, China, Japan, Korea and Taiwan, focuses on top manufacturers in global market, with capacity, production, price, revenue and market share for each manufacturer, covering Planmeca Romexis, Sirona, Carestream Dental, Air Techniques, Inc., ADSTRA Imaging, Cieos Inc, Claris Sota Imaging, Digident, ImageWorks Corporation, ... Request
Global Dental Imaging Software Market 2017 - ImageWorks Corporation, Digident, C …
The report entitled Global Dental Imaging Software Market 2017 presents key insights into the global Dental Imaging Software market along with the latest up-to-date industry details and forthcoming Dental Imaging Software industry trends, which will assist the readers to focus on product specification and end users driving the overall market revenue and profitability. Report Keynotes: The main motive of the report on "Global Dental Imaging Software Market 2017" is to study comprehensive
Global Exterior Structural Glazing Market 2017 - Zahner, Stabalux, SOTA Glazing
The report entitled Global Exterior Structural Glazing Market 2017 presents key insights into the global Exterior Structural Glazing market along with the latest up-to-date industry details and forthcoming Exterior Structural Glazing industry trends, which will assist the readers to focus on product specification and end users driving the overall market revenue and profitability. Report Keynotes: The main motive of the report on "Global Exterior Structural Glazing Market 2017" is to study comprehensive