Fast-Tracking Regulatory Processes with AI Intelligence
AI can help you fast-track regulatory
processes, lower your cost of approvals, and improve your cash flow.
When development planning, you never
expect
AppIntel AI helps you get faster approvals. AppIntel’s faster approvals are less expensive than trying it on your own or even having a consulting service help you. The real expense of a submission to government is not the out-of-pocket cost for materials and services, but the lost production while you wait for approval.
Without AppIntel AI, how would you know the leading indicators of regulatory change in your area? With AppIntel, you receive nearby applications sent to you by email automatically so you can keep up with the trends.
Nein commercial use of der AppIntel content.After hundreds of energy development applications were stalled due to a regional concern about induced seismicity, this one application was finally approved.
There were no announcements, no hearings. The operator learned the regulator hot buttons from the way they treated offsetting industry submissions. He received approval in one week whereas the other surrounding applications are still in deliberation twelve years later.
Get his strategy from our self-serve portal.
Buy these submission docs now Subscribers get them for freeDelayed approvals cost big money
For every month you wait on a critical path approval, you lose 1% of your projects NPV. If your project takes 48 months to approve (like one recent operator) you have lost 48% of your NAV.
How much has your company to gain by using AppIntel AI to fast track your approvals?
AppIntel AI was created to streamline regulatory approvals for Proven Reserves. Now it does that and much more.
Here are six ways AppIntel AI helps you get faster regulatory approvals.
1. Templates
AppIntel AI can find you templates for the submission you need. AppIntel shows you which templates get approvals and which do not.
AppIntel AI contains intelligence from a very wide range of industry submissions from all aspects of the oil and gas business.
“AppIntel AI offers wide-ranging energy
industry appeal for various applications,” says Yogi Schulz, an oil & gas
IT consultant. “The submissions include evaluating land sales to monitoring
regulator applications to planning SAGD production.”
2. SIR intelligence
AppIntel AI enables users to efficiently search through Supplemental Information Requests (SIR). SIR are the discussions and the negotiation of technical and stakeholder matters.
By reviewing previous SIRs, users can identify issues that regulators deem significant. Additionally, the discussions provide insight into responses that meet regulatory requirements and those that may be deemed unsatisfactory.
3. Hot buttons
Some things are not appropriate to tell the regulator. If you do, you may not only get your application refused -- it may also land you in noncompliance. At AppIntel, we call these regulatory hot buttons.
Without AppIntel, how can you find out why applications by other operators were refused? Inside AppIntel AI you can easily search for submissions dismissed because of hot buttons.
4. Leading indicators
The face of regulation changes constantly. How does that affect the approval of your project?
AppIntel AI discloses leading indicators in regulatory change. The fastest way to stay abreast of the constant regulatory shift is to search AppIntel AI for the experience of other operators.
The regulator's announcements of policy change are too late. Their bulletins don't have enough detail. But AppIntel AI points out leading indicators of policy change before any announcement.
5. Dealing with local objectors
Energy companies are receiving more and more objections to facilities. AppIntel AI contains each available Statement of Concern (“SOC”) near your operation. That way you can anticipate local chronic objectors and interveners.
The regulator reviews all SOC's carefully. Many are reviewed with an internal form tool called a SOCAR.
If you didn't have AppIntel, how else
would you find the wide range of objection responses? With AppIntel, you can
simply type SOCAR
into the KiP search box.
6. Stickhandling global objectors
AppIntel AI can show you sixteen ways to deal with objectors that aren’t your neighbors. You can also see how the regulator handles them. This helps you stickhandle around objectors and get your approval.
If you didn't have AppIntel, how else
would you discover how other operators are overcoming
objections to their applications? With AppIntel, you can simply type objection
into the KiP search box.
This article's AppIntel AI tips focus on fast tracking your upcoming operation. AppIntel AI does much more than that. Here is just one extra tip that will spark new ideas for your operations.
Bonus tip: Get the same as your neighbors
Would you like to ensure you get the same (or better) treatment from the regulator as your offsets? AppIntel AI can help you keep up with your offsets' regulatory approvals.
AppIntel AI watches the industry for you. It can inform you of your competitors’ operations and send them to you as they happen. It sends what you need to your email inbox. Automatically. As soon as they are available.
AppIntel doesn't take sick days or vacations and it works on weekends. It doesn't miss applications or documents -- its contents are triple checked for accuracy. And it adds search by UWI for applications that don't even have a location. How would you find this information any other way?
We have given you six ways to get faster regulatory approval using AppIntel AI and an additional bonus tip. Find out more about fast tracking regulatory processes in a demo.
?subject=Sign me up for an AppIntel trial&body=Sign me up for a trial of AppIntel AI so I can check out new operations of my neighbors.%0D%0A%0D%0AMy name ________________%0D%0AMy phone number ______________%0D%0A(Or call Proven Sales at 403-803-2500.)%0D%0A%0D%0APricing: https://www1.appintel.info/short-term-search/">Contact us for an AppIntel trial.
Tags: Fracturing, AppIntel advantage, Scheduling, Cut costs, Facilities, AI in oil and gas, AI return on investment
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