INTRODUCTION TO DI ANALYTICS - Enverus€¦ · Project-Ready Analysis: Analytics-grade datasets aid...

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INTRODUCTION TO DI ANALYTICS July 2017

Transcript of INTRODUCTION TO DI ANALYTICS - Enverus€¦ · Project-Ready Analysis: Analytics-grade datasets aid...

Page 1: INTRODUCTION TO DI ANALYTICS - Enverus€¦ · Project-Ready Analysis: Analytics-grade datasets aid in rapid, accurate studies of production, performance, and completion parameters

INTRODUCTION TO DI ANALYTICS

July 2017

Page 2: INTRODUCTION TO DI ANALYTICS - Enverus€¦ · Project-Ready Analysis: Analytics-grade datasets aid in rapid, accurate studies of production, performance, and completion parameters

PRODUCT OVERVIEW: DI ANALYTICS

▪ DI Analytics delivers refined, analytics-ready datasets that provide insights on:

– WHAT has happened over time with leasing, permitting and production

– WHO has been active in an area and WHO has acreage in the best parts of a basin

– WHICH operators are performing better than others

– WHY does one operator perform better/worse than another operator

▪ DI Analytics is focused on the following basins

– Anadarko, Appalachian, Arkoma, Delaware, Denver-Julesberg, East Texas, Fort

Worth, Gulf Coast, Mid-Continent, Midland, North Park, Piceance, Powder River,

San Juan, and Williston,

▪ With refined data, proprietary algorithms, and custom charts/graphs, DI Analytics allows

users to visualize the data, enabling customers to see trends and anomalies and gain

insights to base decisions on.

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DI ANALYTICS PRODUCT STRUCTURE

STRUCTURE

COREDI Asset Analysis

Grading and Best Practices

DI Leasing Analytics

Permit Activity

DI LEASING ANALYTICS

DI ASSET ANALYSIS

DI ENGINEERING EXPLORER

DI RIG ANALYTICS

FOUNDATIONSDI Asset Analysis

Permit Activity

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WHAT ARE REFINED, ANALYTICS-READY DATASETS?

Action Impact

Alias operator and reservoir names Huge time saver

Remove duplicate leases to determine actual lease outline and approximate

operator assignments based on well ownership

Huge time saver and estimate an operator’s

gross acreage

Calculate perforation intervals Refine productivity analysis

Apply algorithm to determine which wells were pad drilled Demonstrate maturity of a play and

operator commitment to an area

Calculate 6/12/18/24 month cumulative production only if the well reported

production for every month (Desktop includes months with no production)

Improve accuracy

Apply algorithm to measure well spacing Optimize field planning

Calculate decline rates using highest month of production instead of peak rate Improve accuracy

Apply algorithms to accurately classify wellbore trajectory Improve accuracy and consistency of data

across states

Calculate fluid type based on initial GOR Greater insight

Integrate multiple sources for TVD to create comprehensive dataset Time saver; enhanced dataset allows for

greater breadth and depth of analysis

Dillinginfo does all the preliminary data manipulation so clients can focus their time and energy

on value-add analyses

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OVERVIEW: DI ANALYTICS CORE

▪ DI Leasing Analytics: Analyze lease polygons by grantee, track active versus expiring

acreage, see leasing activity over time, estimate an operator’s gross acreage after

assignments based on well ownership

▪ DI Asset Analysis: Evaluate operators, basins, and assets through an easy-to-follow

workflow with intuitive, digestible charts, graphs, and maps

▪ Permit Activity: View permit activity by operator, view trends over time by

county/operator/basin and see statistics

▪ Grading and Best Practices: Predict reservoir productivity, normalized for geology

and completion techniques to benchmark operator performance in relation to median

performance, evaluate reservoir quality associated with a lease, and identify targets for

acquisition/divestiture

Core

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GRADED ACREAGE COVERAGECore

Midland Basin – Wolfcamp B

Delaware Basin – Bone Springs 2nd

Sand

Williston Basin – BakkenGulf Coast Basin – Eagle Ford

Fort Worth Basin – Barnett

Anadarko Basin - Woodford

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OVERVIEW: DI ANALYTICS ASSET ANALYSIS

▪ Intuitive Workflow Design: Asset Analysis is set up as a step-by-step workflow to

easily understand production, completion, and field development trends over time

and across categories such as county, operator, and reservoir quality

▪ Data Visualization Tool: Intelligence is presented in easy-to-read charts, graphs,

and maps, with all data fully exportable

▪ Customizable: Focus only on the information that is most important to you with data

and visualization filters to hone in on a specific area of interest, operator, county, etc.

▪ Project-Ready Analysis: Analytics-grade datasets aid in rapid, accurate studies of

production, performance, and completion parameters of wells, areas, or operators

with no manual data digging or project building required

Asset

Analysis

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OVERVIEW: DI LEASING ANALYTICSDI Leasing

Analytics

▪ Explore Leasing Trends: Understand leasing activity over time in a specific play and

the counties currently seeing the most leasing activity and those that are seeing

declining activity

▪ Get Ahead of New Deals: Determine where leases are expiring in the next 60 days in

your area of interest

▪ Benchmark: Identify average terms for royalty and length of leases in your area of

interest and how they compare to other areas; determine unique acreage count by

grantee

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KEY HIGHLIGHTS – DI ANALYTICS

▪ Designed around a basin model

▪ Analytics-grade data saves years of man-hours for data acquisition and manipulation

▪ Visualize data to gain insights and improve decision-making

▪ Patented and proprietary graded acreage is a valuable differentiator

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HOW DI ANALYTICS SOLVES CUSTOMER CHALLENGES

Leverage analytics-grade data to uncover hidden value drive in sub-optimized reservoirs.

• Unprecedented time savings and insights: Build type curves for top

operators, by basin, in minutes versus months. Identify outliers and anomalies:

where is an operator making money in low grade acreage? Which operators are

recompleting wells?

• Uncover best practices to improve operations and ROI: Inflection points on

a creaming curve can indicate where operators have changed completion

techniques. Drill down and discover best/worst practices.

• Proactive investment by identify and quantifying: Find deals before they are

marketed, utilize graded acreage model for comparative analyses of operators

and leases, and evaluate potential returns using well economics.

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DI ANALYTICS OFFERS

Uncover Best Practices and Improve ROI

▪ BEST PRACTICES:

Compare operator

strategies to identify best

practices

▪ PRODUCTIVITY: Create

various plots to evaluate

impact of completion

techniques on production

▪ LEASING: Quickly flag

expiring and inactive

acreage by grade

Proactive Investment

▪ COMPARE OPERATORS:

Benchmark performance to

see best/worst-performing

operators in an area

▪ DE-RISK GEOLOGY:

Patented and proprietary

Acreage Grading rates

acreage quality

▪ FORECAST: creaming

curves indicate when

production has increased,

decreased or plateaued for

new wells. Predict if a

company will make

earnings estimates.

Save Time and Money

▪ ANALYTICS-READY

DATA: Aliasing, wellbore

trajectories, pad drilling,

EURs

▪ ANOMALIES: Gain

insights on changes in

leasing, permitting and

production over time

▪ GRAPH: Chart vintage

type curves, production by

well, decline curves

▪ EXPORT: Easily export to

Excel, Aries, PHDWin and

other applications

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FEATURE/BENEFIT: DI ANALYTICS

Feature Benefit Applicable Product

Permit activity/stats

Easy visualization and filtering of permit counts by operator,

permitting trends and statistics on a county/basin-level basis

Core

Production through time Analyze production volumes and trends over time at a granular level

with a combination of visualizations maps and filtering systems

Core

Type curves Compare individual wells to basin type curves to determine how

producers are performing over time by basin, year, operator, etc.

Core

Tiered production Provides a standard of comparison to quickly analyze patterns of

producers relative to the competition

Core

Operator benchmarking Compare operator productivity by grade and evaluate best practices Core

Lease polygon maps Narrow down to single lease for a tract of land and hyperlink to

underlying documents. Approximate operator acreage by assigning

based on well ownership and permit activity.

DI Leasing Analytics

Build custom decline

curves

Filter by operator, county, reservoir, etc to generate custom decline

curves

DI Asset Analysis

EUR stats Compare estimated EURs by operator, county-level and associated

data by user-determined filters

DI Asset Analysis

Export data tabs Provides an ability to export aliased, analytics ready information

based on user-defined filters

All products

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FEATURE/BENEFIT: DI ANALYTICS GRADED ACREAGE

1Available end of Q1’152Style guide is available from Drillinginfo

3only for ESRI Map Service

Feature Benefit

De-risk geology Use Acreage Grading to reduce risk of underlying geology in asset valuation

Operator

comparisons

Determine which operators are most/least efficient producers, normalized for differences in

underlying geology

Creaming curves See trend in an operator’s production efficiency and predict how their next well will perform

Various plots Analyze impact of various drilling and completion techniques on production

Select Eagleford Operators

Williston Basin – Bakken

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CUSTOMER TESTIMONIALS

~ $200,000 ANNUAL SAVINGS

“With a DI Analytics subscription, we do

not need to hire 2 additional analysts”

- Financial Customer

GRADED ACREAGE IS VALUABLE

A customer asked us, “can you

please grade the whole country?”

- E&P company, A&D team

"These are investable ideas.”

- Manager, Hedge Fund,

regarding the different charts to

evaluate operator performance

"You did in 5 minutes what

takes me 5 days, and I do it

over and over again."

- VP of New Ventures at an

E&P Company

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CONTINUOUS IMPROVEMENT MODEL

DI Analytics provides robust data sets to help uncover hidden value drivers in

sub-optimized reservoirs.

Drillinginfo consistently invests a substantial amount of our revenue in

research and development. Our reinvestment allows us to develop and deliver

continuous improvements to customers every day. Legacy competitors do not

evolve and adapt to market needs in this way.

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THANK YOU