We’re on a mission to revolutionize your workflow…
In the past few weeks, we’ve been busy working on making improvements to your workflow. We have:
- Added vector tiles to speed up large data layers
- Improved well stick symbology so you can see the direction of all IHS wells with a surface and bottom hole location, including permits
- Improved bar charts to display the unique count of your data
Vector Tiles for Speedy Analysis of Large Data Layers
Need to search and analyze a large data layer quickly and without lag? This past week, we added searchable vector tiles to quickly display, search, and analyze large data layers such as pipeline data, lease blocks, and land data.
Data layers with vector tiles are designated with a magnifying glass icon in the list of layers found under our Display tab. Here is a list of all the data types we now support at PetroDE:
Fast comparisons with geospatial analysis
Not only can you search layers with vector tiles, you can also analyze them! All our analysis tools (Refine, Map Display and Charts) are available for making fast comparisons of your extra large data layers. Be sure to bring PetroDE to all your meetings to answer those “what if” questions on the fly. You won’t regret it!
Do you have a large data layer that would benefit from being in Vector Tile format?
Contact PetroDE at Support@PetroDE.com to learn more.
Well Sticks for ALL Your Wells
Want to know the direction of a proposed well? Our well stick symbology now allows you to see the direction and lateral length of proposed (newly permitted) wells in addition to spudded and producing wells. The map below shows a group of newly filed well permits with the symbol at the bottom hole location. We used our Color By feature to highlight the different leases and we chose the ESRI topographic map as the base layer.
Well Sticks can be viewed together with all our Map Display symbols (Formation, Productivity, Operator, Common Well Symbols, or Color By). Our Color By feature is especially useful for comparing data for any column in your data layer.
PetroDE allows you to make fast and accurate comparisons with respect to well direction and spacing for all your wells. And we allow you to select any area of interest, be it small or large.
Aggregate by Unique Count to quickly visualize your data
Need to see where things are heating up or visualize expiring leases? With our new unique count feature in bar charts, you get a clearer understanding of your data. In the examples below, we explore Permit Expiration Days in IHS Well data to help us investigate the following questions:
- Which play areas have companies filing multiple permits together to keep it locked up?
- Which companies are letting permits expire because they might be cash strapped?
- Which play areas have multiple expiring leases due to unfavorable economics?
See where things are heating up
To see where things are heating up in the Gulf region, search IHS Well Data for the Past Year and Refine by Well Status = Permits. Under Map Display, set the Color By option to Operator. Now select Charts -> Bar Charts -> Custom. Set the X Axis Column = Basin, the Y Axis Column = Permit Expiration Days and Summarize By = Max, Y2 Axis Column = Permit Expiration Days and Summarize By = Unique Count.
The red bars show where the longest expiration days are, giving you an idea of where the most recent permitting activity is. The blue bars (unique count) give you an idea of how many different time periods there are for expiration. Thus, the longest expiration time combined with a smaller unique count might mean that the operator recently filed many permits together. This could indicate a unique new play concept that they want to keep locked up until they can get it all drilled.
Visualize Expiring Leases
If we change the Y Axis to Summarize by Min instead of Max, we can see the basins with the shortest time until the permits expire. Muenster Arch has the longest minimum permit expiration days, so the longest time before it has to be drilled.
The negative values show where the expired permits are. The blue bar (unique count) shows how many different days to expiration made up that count. In the gulf coast basin, there are 293 different times that permits expire and the minimum time expired 167 days ago.
See how PetroDE can revolutionize your workflow:
Schedule a DEMO Today
PetroDE is your Cloud Solution for making informed decisions on the fly. Whether you need to monitor the competition, make a quick analysis, or collaborate with team members, the answers are at your fingertips with all your data in one place and on one map. Now you can answer all those “what if” questions on the spot.