Satellite image of Cushing, Oklahoma, known as America’s largest oil hub
Image business: Orbital Insight satellite image analysis: Measuring the world’s crude oil reserves
Image business:
Impact of the world’s crude oil reserves “full in 2 months”
Because storage tanks around the world are almost full
It is necessary to prepare for an increase in inventories, as prices fall and supplies from the producing countries do not decrease.
It is worthwhile to know exactly how much crude oil storage capacity the world has.
Orbital Insight:
GV, which is under the control of Alphabet, and Goldman Sachs are investing in Orbital Insight.
Introducing a new venture that calculates crude oil inventory using a special method.
The crude oil inventory determined by the company covers the largest range in the world.
World Crude Oil Stocks:
Inventory has risen to 140 million barrels in the past month.
As the sun passes over Cushing, Oklahoma, the largest oil hub in the United States (pictured above).
The sun shines into the crude oil tank of the small town, creating a shadow.
Analyzing the shadow reveals something important.
Crude oil inventory estimates:
Size of crude oil tank,
Tank fullness
Actually, if you know those two numbers, you can calculate the tank crude oil amount accurately.
That information is valuable.
Because crude oil is valuable.
trader
Analyst,
Energy companies
They want to know how much crude oil is in the storage tank.
Inventories are one of the important factors to consider when “the supply side determines the future cost of crude oil”.
Business Insider Japan
https://www.businessinsider.jp/post-211812
Orbital Insight -Japan
Combine sensors from around the world with artificial intelligence (AI) and machine learning (ML).
Objective, transparent, and timely geospatial analysis of several petabytes of raw data.
Application area (example)
Product
Oil inventory
Various demand indicators
Equipment maintenance
Resource mining activity
Supply chain
Infrastructure project analysis
Demographics Trade area analysis Public sector basic mapping
Military activity disaster relief data annotation
Orbital Insight Japan