ERF Wireless Forms New Division to Service Oil and Gas Industry
Thursday, August 7th 2008
ERF Wireless, a leading provider of enterprise-class wireless broadband products and services, announced today that it has recently formed a new Oil & Gas Services Division to address growing customer demand in the oil and gas industry for the company’s wireless products and services. Utilizing the resources of its rapidly expanding wireless broadband networks in Texas, New Mexico and Louisiana, the company is now actively supplying specialized products and services to oil and gas customers through its new entity. The company also announced that John Nagel, an experienced ERF Wireless executive who has been leading the development of this new business initiative, will manage the Oil and Gas Services Division as its CEO.
Dr. H. Dean Cubley, CEO of ERF Wireless, commented, “As the price of oil and gas has risen in recent months to record highs, so has the demand for wireless broadband connectivity, bandwidth and other wireless services to support field activities. Today, the oil and gas industry is eagerly looking for a way to move from its traditional low bandwidth, high cost satellite-based connectivity model to one where true high-speed broadband can be purchased for field operations at a reasonable cost.”
“Fortunately, ERF Wireless’ strategy of acquiring Wireless Internet Service Provider (WISP) networks and the development of our regional banking networks has created an extensive wireless footprint covering a large percentage of the most active oil and gas exploration, drilling and production regions in Texas, New Mexico and Louisiana,” continued Dr. Cubley. “By leveraging the resources of our Enterprise Network Services Division and our Bundled Wireless Services Division, our new Oil and Gas Services Division has been able to accelerate its entry into the booming oil and gas market and give the industry exactly what it needs, when it needs it. And, our ability to create multiple vertical market revenue streams by utilizing the same company resources with different customer bases is a perfect example of ERF Wireless’ strategy to maximize our ROI from our core of wireless networks.”
A map depicting the company’s wireless network coverage as well as current oil and gas drilling operations in Texas, New Mexico and Louisiana can be found on the ERF Wireless website at http://www.erfwireless.com/oil_gas.htm
New Oil and Gas Services Division CEO John Nagel commented, “Producers worldwide are being driven to improve returns from their existing reserve assets. Their need to recover more oil and gas from existing reservoirs in regions like West Texas has never been more imperative. And, when fields are being explored, large amounts of geophysical data must be quickly analyzed by experts back at the main office. The specialized products and services provided by our Oil and Gas Services Division can provide a communication pipeline large enough to accommodate those massive data feeds and do it at a tremendous savings to the exploration company when compared to the same bandwidth over satellite. By accessing additional bandwidth at very competitive prices, oil and gas companies will make significant gains in their exploration, production and downstream processing efficiencies.”
Nagel went on to note, “The Oil and Gas Services Division is capable of meeting a number of the oil and gas industry’s wireless connectivity requirements that include high-speed Internet bandwidth for managing drilling rig operations, supporting remote field offices, providing video surveillance for production facilities and pipelines, and monitoring the highly-regulated Health, Safety and Environment (HSE) of the oil and gas industry. In addition to our wireless broadband Internet capabilities, the Oil and Gas Services Division can also provide services such as radio tower construction and tower climbing, wireless network design, remote network monitoring, and surveillance equipment installation.”
About ERF Oil and Gas Services
ERF Oil and Gas Services is a provider of wireless broadband connectivity and mobile bandwidth solutions for the oil and gas industry. The company and its principals have extensive experience in wireless broadband network design, integration and implementation, and have been active in the telecommunications, ISP and broadband technology industries for more than 45 years. For more information, please visit http://www.erfwireless.com/oil_gas.htm or call 281-538-2101
About ERF Wireless
ERF Wireless Inc. is a fully reporting public corporation located in League City, Texas, and is the parent company of ERF Oil and Gas Services. The company specializes in providing wireless and broadband product and service solutions to enterprise, commercial and residential clients on a regional, national and international basis. Its principals have been in the wireless broadband, network integration, triple-play FTTH, IPTV and content delivery business for more than 40 years. For more information, please visit our website at www.erfwireless.com or call 281-538-2101. (ERFWG)
