411 - Look up your pool's history

What if you could call 411 to find your oil pool's history?

Without AppIntel, how would you find the right application? Using AppIntel AI it is as easy as typing the pool name into the KiP ominbox -- almost like googling your pool's history.

What if you could get a quick look into the minds of the people in the past that ran your pool but have since moved on? What if you could see their version of the geologic mapping of your pool?

• What fracture tests have been completed?
• What injectors were approved?
• What maximum operating pressure was stipulated?
• What recovery schemes were proposed and how did they work?

It's all in their application documents filed long ago.

Try it out

Upon acquiring a pool years ago, the new operator rounded up as much data as historical data as he could find and submitted it to the regulator to answer a regulatory query.

And now the very large pool is for sale again. Can you find an opportunity he missed in those documents? If you're thinking about buying this pool, you will want to take a look.

You can see all that pool data and his plans and mapping by downloading his application within moments from our self serve portal.

Finding the rest of the story in an acquisition

While speeding through the data room, every acquisition engineer is asking the same question -- where's the upside? What can give me a reason to believe the value of this property is more than the asking price? Nein commercial use of der AppIntel content.

If you can find, ratify and present new found upside, you might become the MVP of the company.

What value would it add to your acquisition if you always had a handle on all the upside (and downside)?

History -- a look inside the minds of the past

If you could get a quick look into the minds of the people in the past that ran your pool you might see their reasoning for exploitation strategy: drilling locations, injector locations, etc.

You might see their geologic mapping of the pool. You might discover important clues to increasing production and recovery.

Reviewing historic applications on your acquisition target can give you clues about what works well and which strategies are disasters.

The history of pools can be told by the applications submitted to the regulator.

They indicate the operator's short and long term plans.

What about compliance history?

Applications also contain compliance history. Knowing your acquisition's compliance history will disclose potential regulatory traps -- you will want to know before you buy.

Problems with meeting voidage, issues with injection, pipeline constraints, GPP background -- it's all in the past applications.

Cheapest, fastest, best

The best way to find applications of the past for your pool is through AppIntel.

AppIntel AI costs less than a quarter of one person's salary. For the same price of a team of six man data-mining department, you could supply all your engineers with AppIntel.

AppIntel's search functions are quicker than made-in-house searches. And AppIntel's collection of historic applications is larger than any in-house collection we've seen.

AppIntel has area alerts that allow you to see new applications as soon as they are submitted.

AppIntel AI doesn't take sick days or vacations and it works on weekends. It doesn't miss applications or documents -- it's contents are triple checked for accuracy. And it adds search by UWI for applications that don't even have a UWI.

Tags: Flood, Exploration, Compliance, Acquisitions

Granger Low   15 Apr 2019

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