Gruy Petroleum to install real-time well data collection devices
Gruy Petroleum Management Co., a subsidiary of Magnum Hunter Resources Inc., Irving, Tex., on Monday said it has formed a strategic alliance and made a capital investment with internet technology company Aurion Technologies Inc., of Dallas. Gruy will use remote monitoring devices on producing oil and gas properties to obtain real-time well data, transmitted over the internet by Aurion. The data will allow personnel to efficiently monitor and control production.