Anyone who thinks that once an oil well is up and running the hard part is over likely isn’t from Oklahoma and certainly doesn’t understand all that it takes to actually produce the oil.
From equipment issues, to weather and harsh environments, to thieves who steal not only the oil out of the ground but the copper wires from the cabling systems, oil and gas companies wage a constant battle to keep well sites operating and secure.
The mainstay solution continues to be so-called “pumpers” who are on call around the clock and drive hundreds of miles every day to ensure that equipment is operating properly and report back when it’s not.
Now, Well Checked, a Tulsa-based seed stage company, has a solution to help oil and gas producers know continuously, field by field, and well by well, what is happening at every site.
“We did the R&D (research and development) for two years,” said Bob Haefner, president of Well Checked. “We decided that if I can pull up an iPhone application that controls a camera to look at a baby rhino in the zoo in New Zealand, we ought to be able to do that at a well site.”
In addition to Haefner, who is a serial entrepreneur with a background in finance, sales and operations, the management team of Well Checked includes a “pumper” and a chief technology officer whose background is in large integrated and networked systems.
The team created an integrated, patent-pending system that includes original software, a unique 17-foot tripod, cloud storage, satellite uplinks and high-quality infrared cameras and sensors that can be controlled remotely.
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i2E’s Seed Fund clients report that 95.4 percent of sales revenue is generated from out-of-state sales.