How to win at land sales

Regulatory applications contain plans, justifications and pitfalls of your offsets new oil and gas projects. Would getting an email every time an application is submitted within 20 miles of your operation aid your exploration efforts?

AppIntel can show opportunities, mapping, well density and recovery factors that have already been justified in detail with the regulator. Sometimes offsets even add 3-D seismic interpretations and type logs to their applications.

In this article:
• Using AppIntel to win at land sales
• Example
• Screen shots
• Will it make a difference?
• David discovered he had laser vision

Example:

David is a geoscientist from ABC Oil and Gas Ltd. He used AppIntel to win at a land sale.

He saw a land posting near his operation. Out of curiousity, he used AppIntel to scout the activity in the area using the Proximity search feature. He also set an area alert.

A few days later, AppIntel notified him by email of a new application in the land sale area. From the application, he saw the operator's plans for the land and even some mapping.

Armed with this intelligence, he made a winning bid at the land sale.

What could you exploration opportunities could you see using AppIntel?

Screen Shots:

Cancelling an area notification order

1. To cancel further notifications, click on the Stop link in a notification email. Another email will be generated to cancel the notification.
2. When your subscription expires your outstanding notification orders are cancelled.
3. When you transfer your subscription to someone else in your domain, your outstanding notification orders are cancelled.

Will it make a difference?

What value would it add to your exploration efforts if you could find others' exploration plans and success from their AER applications?

If you could add just one play with 14,000 acres at a finding cost of $5/bbl you could add a value of $1.2 B to your company's NAV.

50,000 MBO x $(30-5)/boepd = $1.2 B

David discovered he had laser vision.*

He used AppIntel to find out his neighbor's opinion about a land sale parcel. He used this intelligence to scope out the acreage and prepare a winning bid for the land.

Want to know what your offset thinks of the land opportunity beside you?

Want to see reserves per section, development plans and recovery factors?

SCOUT EXPLORATION PLANS AND OPPORTUNITIES

Tags: Exploration, AppIntel advantage

Granger Low   29 Jul 2015

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