Want to Move Fast? Three Workflows that Save our Users Valuable Time
Key features utilized in the detailed workflows:
- Dynamic Mapping and Collaboration
- Intuitive Search Tool
- Integrated Data
- Quick and Easy Analytics
INSTANTLY TRACK COMPETITOR ACTIVITY
Using the intuitive search tool, users can easily check several different data sources in a matter of seconds. For example, the map view shown here took just 11 seconds to generate.
PetroDE’s intuitive search tool can easily be set up to automatically track future activity for areas ranging from a small area of interest to the entire world. In the Competitor Intelligence workflow, we show users how to:
- Utilize heat maps to show lease activity
- Use the Refine tool to track new permits
- Use Cross Plots to analyze recent completions
FAST AND EASY ACQUISITION ASSESSMENT
Quickly evaluate a proposal, or screen the next deal by having all of your data in one place on a dynamic map. PetroDE allows users to instantly view proprietary data together with subscribed data layers such as wells and production – without having to build a project.
For example, we can instantly view EIA data of the Delaware Basin and Bone Spring play (public data) together with proprietary data that includes tops, test data, calculated EURs and contours of heat flows. Wow – all in one place!
In the Acquisition Assessment Workflow, we show users how to:
- Integrate Subscription and Proprietary Data Layers
- Verify accuracy
- Quantify risk and reward
- View everything dynamically on a map
Click here for the Acquisition Assessment Workflow
EUR ESTIMATES IN A FLASH
PetroDE has the tools available to quickly view EUR estimates and compare areas of interest. Utilize our area of interest drawing tools and time series charts to quickly:
- Compare Monthly Production
- Analyze Decline Projection Data
- View 30-Year Estimated EUR Projections
In the example above, the mean projection is estimated using the least squares fit method and the P10, P50, and P90 projections are estimated using quantile regression. P10 and P90 give a sense of the variability in the data. These methods are explained in detail in our white paper, Statistical Decline Curves for Performance Projection Modeling.