AppIntel AI Leading Indicators

Amid tariff uncertainty, Canadian well applications grow again

Tariff trade war talk from the United States has frightened some oil and gas operators into inactivity. But most operators are moving forward with drilling plans.

Huge volatility in the benchmark West Texas Intermediate oil price was sparked as US President unilaterally announced and revoked tariffs with dizzying speed.

Yet oil and gas operators are planning to drill more wells than last year.

Which companies have big plans? Which areas are the biggest focus? How would you find out without AppIntel AI?

AppIntel AI includes leading indicators of activity in the oil and gas industry. When an operator makes a submission to the regulator, they intend to follow with work in the field. Nein commercial use of der AppIntel content.

One operator applied for twenty wells with one application. OneStop submissions can contain many wells as separate activities.

See the grand expansion plans of his project in his submission documents. Get them from our self-serve web portal.

Well applications growth

Number of well applications in March has grown 25% over this time last year. Submission growth indicates Canadian oil and gas operators are optimistic despite the tariff heat from south of the border.

Since OneStop applications can include more than one well licence per application, the number of well licences have climbed substantially.

Tariff talk has brought volatility to energy stock prices

Oil and gas operators on both sides of the forty-ninth parallel lost 20% of their share value. Several Canadian oil service companies lost 25% of their stock price.

Yet leading indicators show optimism among operators. Canadian well applications have been growing since last summer.

Leading indicators

Statisticians say a leading indicator is a measurable factor that precedes a change in the economy.

For example, building permits are a leading indicator of construction activity. If building permits are up in a month, it likely means that construction activity will increase over the next few months. If construction activity will increase, so will labor, purchase of construction materials and other spending that goes with construction.

Leading Indicators from AppIntel AI

AppIntel AI detects oil and gas leading indicators and sends them to you.

Before drilling a well, a company submits an application. Before an operator injects water in the ground she submits an application. Before an oil company builds or modifies a gas plant -- an application.

Even the regulatory application documents upon which AppIntel AI is trained are leading indicators: An application is argued and decided before any action happens in the field. Advances fill the pages of regulatory applications every day. Unlike SPE papers, all the AppIntel AI advances are ground truthed to a physical location.

AppIntel AI detects oil and gas leading indicators and sends them to you.

Industry submissions to the regulator are leading indicators of future industry activity

Just like economic leading indicators, industry submissions to the regulator are a leading indicator of oil and gas activity. Submissions always precede any oil and gas work in the field.

Before a company drills a well, it submits an application. Before an operator injects water in the ground she submits an application. Before an oil company builds or modifies a gas plant -- an application.

Oil and gas leading indicator examples

When submissions are up over last month, it usually means increased industry activity will follow.

When well licence applications increase, more wells will be drilled in the next twelve months.

When pipeline licence applications spike, more pipelines will be laid over the next few quarters.

When more oil sands commercial scheme applications are registered, more oil sand related construction will occur over the next five years.

Hope competitors will share trade secrets? Dream on.

Your competitors are using new technology to reduce cost and improve recovery. If you think they will tell you their trade secrets, dream on. The only way you will discover their advances is by reading their submissions. You need to know what your competitors are planning – not just what they’re telling the investment community.

Industry submissions are the first place you'll see new oil and gas technology installed at the field level. Before any new technology is tried in the field, an application must be approved. Advances fill the pages of industry submissions every day. All the advances are ground truthed to a physical location.

Industry technology alerts – Fresh as this morning

AppIntel AI sends you daily hit alerts: new information that matches your search terms.

A hit alert automatically sends you new submissions that have documents that match a search string. Hit alerts use the same search technology as AppIntel's google-like nature language search.

After registering your hit alert, AppIntel AI searches daily through all newly submitted documents for your search string. When AppIntel finds applications that meet your criteria, you receive them in your email inbox.

With AppIntel you can set hit alerts to send you new applications that contain the words   thermal bitumen.

Be sure to try these other search strings: bitumen facility or CO2 injection   or   immiscible gas injection   or   sulphur plant turndown   or   radio frequency heating

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