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?
?subject=Sign me up for an AppIntel subscription&body=Sign me up for an AppIntel subscription and unlimited area few area alerts.%0D%0A%0D%0AMy Name: __%0D%0AMy Phone Number: ___%0D%0A%0D%0ASend me email alerts centered around UWI __%0D%0AWithin this many miles __%0D%0AType of applications __%0D%0ACheck out pricing https://www1.appintel.info/just-alerts/%0D%0A%0D%0A(Or call AppIntel Sales at 403 803 2500)">Contact us for an AppIntel subscription.
Screen Shots:
Use the Proximity tab in AppIntel.
Set the UWI as the center of your acquisition.
Set the Proximity at 50 miles (or less).
Set the App Type to (All) or a specific application type such as ER Scheme, GPP, or Commerical Scheme: New. (See below)
Email button.
The EmailProx dialog page will open displaying the email it will send to the AppIntel server. Check the email content and then click Send.
This request will be incorporated into the AppIntel server.
Every morning thereafter the AppIntel server will check for new applications in this area of interest.
If it finds an application, it will send you an email with a link to the new application like the one below.
Sent: Sep 25
To: Your_Email_Address
Subject: AppIntel Proximity - New ER Scheme Application
A new ER Scheme application has been registered in your area of interest.
Your area of interest: 16-25-12W4 within 50 mile radius (All) applications
Stop further notifications from this area of interest.
You can create new areas of interest in AppIntel.
AppIntel Regaware Technical Support Sales
Please do not respond to this email.
?subject=Let me try a few area alerts. Cheap and cheery.&body=Sign me up for a few area alerts from AppIntel so I can try them out.%0D%0A%0D%0AMy Name: __%0D%0AMy Phone Number: ___%0D%0A%0D%0ASend me email alerts centered around UWI __%0D%0AWithin this many miles __%0D%0AType of applications __%0D%0ACheck out pricing https://www1.appintel.info/just-alerts/%0D%0A%0D%0A(Or call AppIntel Sales at 403 803 2500)">Contact us to find out how
Cancelling an area notification order
When you receive an email with a link to a new application in your area of interest you may decide to cancel further notifications.- To cancel further notifications, click on the
Stoplink in a notification email. Another email will be generated to cancel the notification. - When your subscription expires your outstanding notification orders are cancelled.
- When you transfer your subscription to someone else in your domain, your outstanding notification orders are cancelled.
Will it make a difference?
The 14,000 acre play can bring 50 MMBO of reserves.
And assuming a value of $30/bbl for undeveloped reserves in the ground.
(Yes, we see one of these right now.)
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
*power fantasies may vary.Tags: Exploration, AppIntel advantage
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