Washington, DC, June 22, 2020 - LawIQ (www.lawiq.com), a leading provider of energy data analytics and advisory services, announced two new long-term customer agreements that will materially contribute to the company’s growth in the energy midstream transportation and upstream exploration and production industries. The company signed a three-year enterprise contract with EQT, Inc., the largest producer of natural gas in the United States, to provide its analytics platform, market-focused regulatory and litigation research and advisory services to support their operations, development, and risk management. In addition, LawIQ won a five-year contract to provide its liquids tariff and rate data warehouse to the Federal Energy Regulatory Commission’s Office of Energy Market Regulation.
“During these challenging times for the energy markets and our country, we are dedicated to renewing our commitments to existing customers and developing new ones. Establishing our relationship with EQT and expanding our services to FERC are both great opportunities for our team to engage in essential decisions at the intersection of business, law and strategy,” said Chip Moldenhauer, LawIQ’s CEO. “It is more important than ever that we help our customers anticipate and interpret energy infrastructure events and find opportunities and efficiencies that help them emerge stronger from this period of supply and demand contraction.”
“LawIQ’s data acquisition systems as applied to the arcane and fragmented domains of energy regulatory, legal, and market analysis are unparalleled in the industry. We have great confidence their technology and multi-disciplined team will provide critical support to EQT’s operations, optimization of our firm-transportation, risk management and business development,” said Toby Z. Rice, EQT President and CEO.
In addition to performing on year four of a contract to provide its energy analytics platform to FERC’s Office of Energy Projects, LawIQ will now provide its liquids pipeline rate and tariff data - the only structured source for over 30 years of liquids transportation regulatory filings - to the Office of Energy Market Regulation to support their critical mission advising the Commission and providing economic regulation to the electric utility, natural gas and oil industries. This comes at a critical time for liquids pipelines and FERC, who are about to conduct their five year review of the indexing methodology.
LawIQ’s customer base has grown to include the majority of the major midstream pipeline companies developing and operating America’s energy transportation infrastructure, as well as Liquefied Natural Gas developers, upstream producers and leading energy investment firms. Their entrepreneurial team of software engineers, data scientists, and industry regulatory experts continues to expand in Washington, DC and Denver, CO.
LawIQ (www.lawiq.com) is a leading provider of energy infrastructure regulatory event analytics, insights and advisory services for blue chip energy corporations and financial firms that need to anticipate and understand events to deploy capital with confidence, manage risk and maximize returns. Our diverse team of energy attorneys, software engineers, and data scientists apply industry expertise and machine learning technologies to software platforms that acquire and structure millions of regulatory, financial, and legal filings and enable customizable monitoring, modeling and forecasting of infrastructure permitting, litigation, and market events. ###