INTRODUCTION TO DI ANALYTICS - Enverus€¦ · Project-Ready Analysis: Analytics-grade datasets aid...
Transcript of INTRODUCTION TO DI ANALYTICS - Enverus€¦ · Project-Ready Analysis: Analytics-grade datasets aid...
INTRODUCTION TO DI ANALYTICS
July 2017
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.
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
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
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
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
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
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
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
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.
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
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
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
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
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.
THANK YOU