In 1992, an oil field technician realized that manually gathering field data was inefficient, costly and often incomplete. The solution was a patented communication system that effectively solved the information lag in the gas and oil industry. In the following years, Silversmith Data expanded its products and services to identify and develop information solutions for a variety of industries, including natural gas, oil, water distribution, water treatment, waste water filtration, and fire. To date, Silversmith has installed over 10,000 data collection sites across the United States and Canada.
This year has started off in challenging territory due to Covid-19 as most Water Departments are now closed to all visitors (including sales people). This isn’t the best time for a revolutionary, new product launch. However, we continue to press ahead with our life saving and water saving new product, Hydralert, and are making progress. It’s harder- but we’re determined to succeed because our technology is so important for Water Departments to embrace.
While physical sales calls are on hold we are using new technology to get or message out. It’s vital for municipal customers to upgrade their paper methods. Using Hydralert® in combination with AST means our new, more efficient technology can enhance their knowledge and control of their assets online and get real time feedback that they’ve never before had access to.
Silversmith’s new and efficient technology makes it possible to monitor hydrants, assets, create work orders and get feedback on tablets or mobile devices from anywhere, any time.
As Silversmith rolled into 2019 our sales in AST™ expanded dramatically. We have become known as the “easy to use” solution for Asset Management at Water Departments. Sales coverage was expanded into states adjacent to Michigan and Canada with outstanding results. In the Fourth quarter we began accepting initial orders for Hydralert®.
Following detailed engineering and diligent field testing, Hydralert™ is Silversmith’s newest, patented product, a “smart” hydrant mount designed to recognize and prevent freezing and water theft. An ideal complement for municipalities using the AST™ system, Hydralert uses cell technology for 24/7 data retrieval.
Silversmith’s corporate name was changed to Silversmith Data to recognize the changes in the industry and the impact of its data monitoring and maintenance products. Also in 2017, Silversmith Data introduced its AST™ (Asset Status Tracker) maintenance systems, designed with user-friendly technology to electronically record and track critical data for municipalities, fire departments and water treatment facilities. AST sites are growing throughout the United States and Canada.
Using its expertise in data monitoring communication, the company recognized a growing need for fire department water management. In 2014, Silversmith began developing technology focused on the world’s first “smart” fire hydrant, allowing remote, off-site 24/7 data retrieval and creating a new customer base among municipalities. Recognizing the potential for its products, Silversmith expanded its capabilities to include other types of water systems.
During this decade, Silversmith, Inc. launched a series of products in the oil and gas industries, setting national benchmarks and standards for remote monitoring.
Silversmith, Inc. commissioned an independent review of its gas measurement products with real-time testing by Ronald E. Beaty, Vice President of Engineering & Operations of Premier Measurement Services, Inc. Eighty-one results were calculated using AGA3 1992 formula and AGA8 Gross Method 2 formula, both using Silversmith's gas flow measurement products. The median results calculated a difference of only 0.0022. This finding by such an industry luminary, solidified Silversmith's reputation as a world-class manufacturer of gas measurement products.
Silversmith, Inc. released its first dual valve control unit with two solenoid valves to allow equalization of both tubing and casing pressures. The resulting decompression of the tubing allows more water to enter tubing for evacuation. Designed initially for gas lift timer applications, the increase in tubing water allowed the GLT to eject more water per cycle, resulting in a decreased number of GLT injections. The system also proved to be ideal for single flow line systems, allowing tubing pressure to reach the production line without interference from casing gas.
David Silvers partnered with entrepreneur/investor Jack Smith under the name Silversmith, Inc. The infusion of financial support allowed the company to hire employees and expand its research and development. With new metering products, including tank level monitoring and automated water disposal systems, Silversmith, Inc. expanded its sales across North America.
David Silvers was a young field technician servicing gas wells in northern Michigan. Concerned by the difficulty in gathering relevant well data in remote locations, he had, for the times, a radical idea: collecting important data through radio communication. Imagining a central server providing remote data access, Silvers began working on the concept at his kitchen table. The result was Silver Ideas. For the next 10 years, Silver Ideas began selling products and building a customer base.
We have found it easy to operate because it does not have all the bells and whistles automatically built in like the other systems on the market. Less is better in this case. We wanted something basic easy to use and you have provided that. It has everything needed to easily map your system - which is the goal. We have tried using an expensive "top of the line" system in the past. We felt it was too much to learn and to comprehend for the average field worker. I couldn't be happier with Silversmith's complete system from cost to ease of use to the excellent customer support. Keep up the great work!
We have been switching our GIS system to Silversmith Data. We have found it easy to operate because it does not have all the bells and whistles automatically built in, like other systems on the market. Less is better in this case. We wanted something basic, easy to use, and Silversmith Data provided just that. It has everything needed to easily map our system — which is the goal. We used an expensive "top of the line" system in the past. I couldn't be happier with Silversmith's complete system from cost to ease of use and the excellent customer support. Keep up the great work!
We have been very happy with our new GIS equipment from Silversmith Data and have found the equipment and software very simple to use. Training was fast and easy, and we felt like old pros within just a couple days. I believe this tool will not only help future city employees with their jobs, but will help the residents of Olivet.
"Congratulations on your rapid growth in the Canadian market. Quicksilver Resources Canada has been using the Silversmith real time SCADA system for nearly 2 years now and it has helped us gain substantial operating efficiencies in our Horseshoe Canyon CBM field. We have been able to reduce our swab costs by 25%, increase operator productivity by 20%, and improve our winter run times by as much as 5% of metered volume. These savings are a direct result of the improved "real time" individual well information we get with the Silversmith metering system. At a time when individual well metering costs were prohibitive in Canada, we were pleased to find a low cost system such as yours that made economic sense for CBM/shallow gas well production. Considering all of the "un-metered" gas production in Canada, I think your future here will be very successful. Canadian producing companies will all benefit from having this low cost metering option available for all types of oil & gas "real time" measurement. I would also like to commend you on your quick response times whenever we "need" immediate attention and on the quality of your tech service and installation teams. They have been great to work with and very responsive to our requests. Quicksilver Resources Canada appreciates and supports your continued growth in Canada and wishes you many years of successful operations. We look forward to a long and mutually beneficial business relationship."
"As you are well aware, we are in the midst of a year none of us has experienced for quite some time. Over the past several years EnerVest has made an aggressive attempt at controlling costs by trimming its staff, both in the office and in the field. Efforts to control our overhead are evident to our management as we head into the last quarter of this year. With this said, we recognize that you and your company have also made sacrifices to get through this year, and to accommodate the needs of EnerVest, helping to make our operation more efficient and economical, without compromising safety. I am writing this letter to express my personal gratitude as well as that of EnerVest Operating and its entire staff for all that you and Silversmith do for us, especially in these unique and difficult times. From my perspective, the sacrifices that all of us make will enable our Michigan operation to continue for the foreseeable future. Your help and cooperation have been invaluable, and we look forward to our continuing working relationship."
"I wanted to thank you and your staff for the help, support and knowledge you have given us over the past three years. From connecting new wells and facilities to converting old wells and facilities. Silversmith, Inc. has met or exceeded our expectations. Silversmith metering has been and continues to be an integral part of operating these wells and projects efficiently. Not only can we monitor production at any of our wells at any time of day, we can generate any number of invaluable reports; some specifically customized for us by your staff. O.I.L. Energy Corp. has been more than pleased with everyone from sales to support to service and looks forward to a long relationship with Silversmith, Inc."
Efficient, real-time data collection saves time and money. The Silversmith Data AST™ system accomplishes both, coupled with great customer service.
Fire fighting requires quick, reliable response. Silversmith Data AST™ continuously provides up-to-date service records and mapping, saving time and resources during an emergency.
Recognizing that knowledge is revenue, Silversmith Data has been crafting information solutions for over 20 years. With more than 10,000 data collection sites and over a million data points across the continental United States and Canada, Silversmith Data has successfully assisted companies and municipalities in varying industries, both large and small, in implementing a wide range of real-time, remote systems, saving time and saving money.