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Texas company helps energy giants keep track of equipment

Keeping track of billions of dollars of equipment that’s constantly on the move is one of the oil and gas industry’s toughest challenges.
Time is always money. But it’s a fortune when it’s downtime in the oilfield or offshore.
“Frac tanks, generators and pumps, trucks, vessels and cargo are constantly being relocated on drilling rigs, platforms, shore bases, marine vessels and in oilfields,” says James MacLean, the 37-year-old CEO and founder of Geoforce Inc. of Coppell, Texas.
“Knowing where anything is at any given moment can be a logistical nightmare.”
Geoforce’s satellite-tracking network _ touted ...

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