Try this one seismic hack before buying property

If you're thinking of buying land, you really should check out the seismic and geological mapping submitted historically with applications in the area.

In his application, this operator added his 3-D seismic interpretation over 24 sections of land. He added it even though his application was only on a small fraction of the lands -- about one half section.

He submitted his interpretation five years ago. But now this land belongs to a different company and is available for farm out.

Check out his seismic and the other information in his application from our self serve portal.

Revealed in his application

He submitted almost 50 times more information than was needed. All the extra interpretation showed his drilling plans, future interesting anomalies, and many other opportunities.

• You can compare the 3-D seismic and his geological net pay map.
• You can see where he placed his drill here symbols.
• You can see what type of anomalies he thought were worth drilling.
• You can determine which land is worthless.
• You can divine which areas are ripe for a closer look.

Pre-acquisition scouting

If you're thinking of buying land or a producing property, consider checking out the historic seismic interpretations and geological mapping submitted with applications in the area.

Many operators submit seismic interpretations in their regulatory applications. Unfortunately, these interpretations are impossible to find without AppIntel.

In AppIntel you can use the google-like search called KiP to find seismic interpretations. For example, you could search for  montney seismic  or  ingoldsby seismic  and see many applications that have seismic interpretations included.

What a great way to get up to speed on an area.

How convenient to see someone else's picks and cross sections.

Great scouting tool to check out a competitor's opinion of an area.

Is your neighbor's seismic interpretation more pessimistic than yours? Maybe there's a buying opportunity.

You can check out his seismic interpretation to find out. And you can do it with stealth by checking out the information he included in his regulatory application.

Exploration intelligence from AppIntel

How good is your next farm-in opportunity? Perhaps there's some seismic interpretations in applications right over it. You'll get more of a feel by checking out other operators' interpretations than by simply Quality Inspecting some striped cross sections.

This information is available through AppIntel.

How prospective is your next acquisition? From AppIntel you might find the seismic interpretation of the current owner, or even of a previous owner. The tight bid time frame prohibits you creating your own seismic interpretation before the closing date. But you might have time to review others' seismic interpretations.

Unfortunately there's no other way to find applications that contain seismic interpretations other than AppIntel.

Even if you could find which applications to review, it takes weeks to get them from the regulator. But you can get them in moments from AppIntel.

Tags: Seismic, Exploration, Acquisitions

  18 Jul 2016

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