RESTON, Va. — (BUSINESS WIRE) — December 19, 2024 — Bowman Consulting Group Ltd. (the Company or Bowman) (NASDAQ: BWMN), a national engineering services firm delivering infrastructure solutions and program management services to customers who own, develop and maintain the built environment, today announced it has secured two significant contracts, with a combined value of nearly $900,000, to provide asset management and data collection services for a leading exploration and production company in the Permian Basin region of Texas.
The projects include work across 973 total locations, consisting of both facilities and well sites in the Midland Basin’s North and South regions, situated within the broader Permian Basin. Bowman will provide field and office support services to establish coordinate values for all existing and new critical emission physical assets, such as gas-driven devices, pneumatically actuated valves and other key related infrastructure.
Bowman’s scope of work involves utilizing advanced geospatial technologies to conduct detailed field surveys, ensuring efficient data collection and analysis. As part of this effort, the Company will implement rigorous quality assurance and quality control protocols to validate and adjust the real-time data. These measures will ensure accurate results while enhancing asset visibility, supporting emissions management initiatives and delivering actionable insights for the client’s infrastructure tracking and reporting needs.
"These awards reflect our ability to deliver precise and reliable geospatial and measurement solutions that support oil and gas operators throughout the United States, and within the critical Permian Basin in particular,” said Dan Swayze, chief operating officer of Bowman. “Esteemed engagements like these demonstrate our commitment to technology leadership in every area of our business.”
The Company will also provide project management oversight and regular progress reporting to further support the client’s asset management initiatives. Field mobilization is currently underway, with project completion expected by July 2025.
About Bowman Consulting Group Ltd.
Headquartered in Reston, Virginia, Bowman is a national engineering services firm delivering infrastructure solutions to customers who own, develop and maintain the built environment. With over 2,300 employees in more than 95 locations throughout the United States, Bowman provides a variety of planning, engineering, geospatial, construction management, commissioning, environmental consulting, land procurement and other technical services to customers operating in a diverse set of regulated end markets. Bowman trades on the Nasdaq under the symbol BWMN. For more information, visit bowman.com or investors.bowman.com.
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