M2M Data Corporation, a leader in advanced remote monitoring services for oil and gas markets, has acquired the operating assets of Implicit Monitoring Solutions.
With acquisition of the flagship Intellisite application and Right Smart hardware, the oil and gas electronic flow meter (EFM) monitoring solution is now part of M2M Data Corporation, an industry-leading compression monitoring service. The move increases M2M’s monitored assets by more than 25%.
“In addition to expanding product and service offerings, merging the two companies’ brings decades of industry experience and knowledge together,” said G.C. “Scooter” Beachum III, president of Implicit Monitoring Solutions.
Focused on information needs of exploration, production, transportation and leasing companies, M2M helps operations managers utilize manpower resources, keep up with production demand, meet contractual obligations, and maximize capital equipment return on investment.
The new assets will operate under the M2M RMS brand which addresses the needs of the oil and gas market. With the acquisition of Implicit, M2M customers will have Best Path CommunicationTM options of radio, cellular or satellite to capture remote asset data as well as augment existing SCADA deployments.