A new approach to identify uncompleted wells.
Discover the Undiscovered... Platts Wellscape P2P is a dataset that allows you to create a comprehensive and panoramic view of oil & gas drilling activity in the US and the resulting production - both current and future to identify opportunities created by drilled but uncompleted wells (DUC). DISCOVER Using current and historical permitting and drilling activity data in Platts Wellscape P2P you can identify an operator s intent to drill with an array of early indicators including: operator, play, or location. And most importantly, for the DUC: when completion and production is most likely to occur.
Determine Drilling Activity Status and Completion Indicators ElapseDays StateLag Variance Casing Run SideTrack DrillerCmts ReportDate ReportStat Comp Date 1stProdDat 280 25-228 N/A N Driller Indicates Well Plugged 8/19/2016 Plugged AN Abandoned 269 25-217 N/A N Driller Indicates Well Plugged 8/20/2016 Not Currently Reporting 239 25-187 N/A N 8/21/2016 Not Currently Reporting 222 25-170 N/A N Dry Hole 8/22/2016 Not Currently Reporting 214 25-162 N/A N 8/23/2016 Not Currently Reporting 197 25-145 N/A N 8/24/2016 Not Currently Reporting 173 25-121 N/A N Casing Set 8/25/2016 Not Currently Reporting 164 25-107 N/A N Casing Set 8/26/2016 Not Currently Reporting 146 40-74 N/A N 8/27/2016 Not Currently Reporting 127 40-55 Y Y Sidetrack of Existing Well 8/28/2016 Not Currently Reporting 116 40-44 Y Y Sidetrack of Existing Well 8/29/2016 Not Currently Reporting 86 40-14 Y N Service Lateral-Will Not Produce 8/30/2016 Not Currently Reporting 70 40 2 Y N 8/31/2016 Not Currently Reporting 54 40 18 Y N 9/1/2016 Plugged AN Abandoned 50 40 22 Y N 9/2/2016 Plugged AN Abandoned 20 40 52 Y Y Driller Indicates Well Plugged 9/3/2016 Not Currently Reporting 3 40 69 Y N Service Lateral-Will Not Produce 9/4/2016 Not Currently Reporting DETERMINE Which wells are online and producing What drilled wells have not yet reported production Who filed permits that are active but not yet drilled With driller comments, get insight ahead of state reports Not Producing
Develop Useful Business Indicators... DEVELOP R R R R R R Improve forward-looking projections of rig activity and production capacity Identify and create models of operators drilling tendencies Develop a regional understanding of your competitors fracklog Find more leads for your sales funnel with operators and drillers in need of completion services Make decisions using quantifiable data including fracklog quantity, location, well type/status or operator Utilize our DUC confidence rating scale to better identify new opportunities
VISUAL Create thermal maps Filter by operator Reveal top operators State by state results Play by play
Create Insight into Producing Wells CREATE Well-by-well level details Permit by operator Location information including longitude & latitude for mapping First production date, spud date & release date Well type, current status & play
What s in the Box? Platts Wellscape P2P provides you with a trailing two-year picture of all drilling activity that is updated every month. Joined with indicators such as initial production, completion date or well status you can categorize any combination of operators, regions or plays to spot trends that are most suited to be opportunities that fit your business goals. -------> -------> -------> WHAT S IN THE BOX? ------->
Analyze Data for Your Needs ANALYZE Play Count of Permit Approved Count of Spud Date Count of Release Date Count of First Prod Date Count of Completion Date Total Per Pla Anadarko Woodford 752 621 597 197 145 2,312 Ardmore Woodford 383 351 350 117 96 1,297 Bakken-MT 273 63 63 54 5 458 Bakken-ND 3,262 2,376 2,369 1,450 9,457 Barnett-Core 684 287 287 218 258 1,734 Barnett-Non Core 755 387 387 302 308 2,139 Bone Spring/Avalon 2,739 956 931 227 680 5,533 Clearfork 951 527 526 511 515 3,030 Eagle Ford 8,781 6,372 6,356 4,653 5,130 31,292 Fayetteville 484 375 375 296 1,530 Granite Wash-Oklahoma 211 171 164 72 83 701 Granite Wash-Texas 486 304 302 200 216 1,508 Green River Basin 4,461 682 675 5,818 Haynesville East Texas 375 244 243 204 210 1,276 Haynesville Louisiana-Core 614 424 421 80 312 1,851 Haynesville Louisiana-Non Core 300 249 245 30 152 976 Marcellus-Pennsylvania 64 1 1 1 67 Marcellus-West Virginia 1,742 607 603 78 3,030 Mississippian Oil Play 2,437 1,408 1,396 789 695 6,725 Niobrara 11,790 2,397 2,378 1,381 17,946 Other 49,978 18,726 18,557 13,827 8,991 110,079 Piceance 2,719 371 369 294 3,753 Strawn/Atoka 3,819 2,522 2,512 2,161 2,190 13,204 Uinta 4,241 480 476 460 460 6,117 Utica-Ohio 511 186 185 144 12 1,038 Utica-Pennsylvania 5,270 1,670 1,655 1,257 2 9,854 Wolfberry 8,083 4,737 4,670 3,701 3,757 24,948 Wolfcamp 2,839 1,954 1,923 1,237 1,335 9,288 Wolffork 2,392 1,324 1,318 1,409 1,438 7,881 Woodford Arkoma 261 197 195 50 45 748 Total 121,657 50,969 50,529 35,400 27,035
Identify False Positives Platts Wellscape P2P uncovers false indicators, i.e, plugged and abandoned wells that are not DUC s including dry holes, test wells, service wells or wells held by production to hold the lease on expiring permits. Days On PctPerExp PermitStatus P901stP StateLag ElapseDays Variance Casing Run SideTrack DrillerComments ReportDate ReportStat 23 12% Drilled 27 25 556-504 N/A N 8/19/2016 Not Currently Reporting 25 87% Drilled 27 25 409-357 N/A N 8/19/2016 Not Currently Reporting 23 43% Drilled 27 25 394-342 N/A N Driller Indicates Tight Hole 8/19/2016 Not Currently Reporting 25 12% Drilled 27 25 375-323 N/A N Driller Indicates Tight Hole 8/19/2016 Not Currently Reporting 16 70% Drilled 27 25 367-315 N/A N 8/19/2016 Not Currently Reporting 16 15% Drilled 27 25 350-298 N/A N Driller Indicates Tight Hole 8/19/2016 Not Currently Reporting 23 4% Drilled 27 25 326-274 N/A N 8/19/2016 Not Currently Reporting 15 35% Drilled 27 25 317-265 N/A N Replacement Well 8/19/2016 Plugged AN Abandoned 16 22% Drilled 27 25 299-247 N/A N Replacement Well 8/19/2016 Not Currently Reporting 18 17% Drilled 27 25 280-228 N/A N Driller Indicates Well Plugged 8/19/2016 Plugged AN Abandoned 12 71% Drilled 27 25 269-217 N/A N Driller Indicates Well Plugged 8/19/2016 Not Currently Reporting 25 51% Drilled 27 25 239-187 N/A N 8/19/2016 Not Currently Reporting 25 62% Drilled 27 25 222-170 N/A N Dry Hole 8/19/2016 Not Currently Reporting 16 12% Drilled 27 25 214-162 N/A N 8/19/2016 Not Currently Reporting 16 4% Drilled 27 25 197-145 N/A N 8/19/2016 Not Currently Reporting 23 90% Drilled 27 25 173-121 N/A N Casing Set 8/19/2016 Not Currently Reporting 15 16% Drilled 32 25 164-107 N/A N Casing Set 8/19/2016 Not Currently Reporting 16 2% Drilled 32 40 146-74 N/A N 8/19/2016 Not Currently Reporting 18 18% Drilled 32 40 127-55 Y Y Sidetrack of Existing Well 8/19/2016 Not Currently Reporting 12 38% Drilled 32 40 116-44 Y Y Sidetrack of Existing Well 8/19/2016 Not Currently Reporting 25 4% Drilled 32 40 86-14 Y N Service Lateral-Will Not Produce 8/19/2016 Not Currently Reporting 24 95% Drilled 32 40 70 2 Y N 8/19/2016 Not Currently Reporting 23 16% Drilled 32 40 54 18 Y N 8/19/2016 Plugged AN Abandoned 10 2% Drilled 32 40 50 22 Y N 8/19/2016 Plugged AN Abandoned 23 18% Drilled 32 40 20 52 Y Y Driller Indicates they will Complete 8/19/2016 Not Currently Reporting 23 38% Drilled 32 40 3 69 Y N Service Lateral-Will Not Produce 8/19/2016 Not Currently Reporting IDENTIFY
Build Data-Backed Trends and Develop Action Plans Develop action plans using current and historical drilling and production data to build trend lines, develop P90 s of an operator s intentions to drill, complete or abandon a permit. BUILD
ACT Act Today For more information or to request a demonstration on how Platts Wellscape P2P can help your business, contact our sales team. sales@rigdata.com 1-800-627-9785 ext 3322 or ext 3323
A new approach to identify uncompleted wells.