Houston, Texas, United States, May 02, 2012
Infrastructure Networks Signs Spectrum Lease Agreement In Eagle Ford Shale Area of South Texas
Infrastructure Networks, a Houston, Texas-based provider of broadband wireless networks to Critical Infrastructure Industries, is pleased to announce that it has entered into a long-term de facto lease agreement for broadband spectrum which covers large portions of the Eagle Ford Shale in South Texas.
The Eagle Ford Shale play trends across Texas, with the most active regions extending from the Texas-Mexico border far into Southeast Texas. The entire play is typically considered to extend into East Texas, roughly 50 miles wide and 400 miles long, with a thickness of between 250 and 400 feet at a depth of 4,000 to 12,000 feet. By the close of the first quarter of 2012, there had been some 3,649 well permits issued in the play, with 954 oil wells and 578 gas wells on schedule. Over the past few years, hundreds of companies – including the largest players in the energy industry – have poured thousands of personnel and hundreds of millions of dollars into the region. However, reliable communications have been a challenge in the often extremely remote area. This exclusive spectrum agreement will allow Infrastructure Networks to provide dedicated wireless broadband services over licensed spectrum into these currently under-served fields.
“The impact of the Eagle Ford Shale over the last few years and going forward really can not be overstated.” says Infrastructure Networks CEO Stan Hughey. ”With so many companies invested in the huge amount of equipment and personnel on the ground in South Texas, reliable telecommunications has become a valuable commodity in its own right. We are excited to begin building a much-needed secure broadband wireless network to serve this critical segment of energy infrastructure.” Hughey continued.
Founded in March of 2011, Infrastructure Networks has worked quickly to acquire valuable spectrum, and also holds broadband spectrum in large parts of West Texas, the Texas panhandle and Eastern New Mexico and Kern County, California.
For more information on Infrastructure Networks, visit www.InfrastructureNetworks.com, or contact Kori Ugalde, Executive Vice-President, at kori.ugalde@infrastructurenetworks.com
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