"I Love Waiting Months for Production Data!,” said no one EVER.
The agonizingly slow pace of Oklahoma reporting has high price consequences
When I started my career in Oil & Gas more than 25 years ago, things were different. We did a lot of work on paper. I remember my first job after graduating. I was a reservoir engineer and was assigned responsibility for a newly acquired asset. A mountain of well files were brought to my office in three ring binders and boxes. In school it was easy to do volumetric calculations since all the data was nicely provided to you. However in the real world, I spent countless hours searching first for the wells of interest and then for the needed reservoir details.
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In the March 2019 edition, find out who recently sold assets in the Arkoma, who has the most expensive well since 2017, and who named a well Pharoah. If you are a subscriber and didn't receive the newsletter, let us know. If you want to get The Buzz delivered to your inbox monthly, click here: https://offers.oseberg.io/oklahoma-oil-gas-newsletter
According to Oil and Gas Investor’s interview with Jeff Sieler, Managing Director of the Global Energy Group in Citigroup Investment Bank, ‘“36 deals over $25 million are active. Look out for M&A to come.”
Press, Oklahoma Production Data
OKLAHOMA CITY, December 11, 2018. Oseberg, a leading SaaS and data intelligence company in the oil and gas industry, announced today that it has acquired a new dataset that offers extensive coverage of oil and gas production volumes from wells within the state of Oklahoma. The new dataset is now available through a subscription to their Atla product, and complements their existing lease, regulatory, well and frac datasets to provide a comprehensive view of Oklahoma E&P activity.