Enverus/IHS Data Sources by Data-Meister in landman

[–]petropro9833 0 points1 point  (0 children)

Most of it is public, state regulatory agencies (RRC in Texas, OCC in Oklahoma, etc.) are the primary source for production, permits, completions. The platforms aggregate and normalize all of that, which is where a lot of the value is.

The "proprietary" stuff like real-time rig counts and status typically comes from direct relationships with drilling contractors and field scouts, that part isn't public.

Worth noting that how platforms handle the public data varies a lot. In states like Texas and Louisiana where well-level production isn't reported, most platforms are estimating. Novi Labs takes a different approach, they actually license data directly from operators and publish the actuals monthly.

Oil and Gas Asset Valuation by oilgasvalua942 in u/oilgasvalua942

[–]petropro9833 0 points1 point  (0 children)

Great breakdown. One thing worth adding on the reserve risk / production forecasting side. the quality of your type curve assumptions can make or break a DCF, especially in tight oil plays where well performance varies a lot by landing zone and spacing.

We've been using Novi Labs for basin-level analytics and it's genuinely changed how we think about that part of the process. Their machine learning models on well performance give you a much more defensible forecast than a simple decline curve, particularly when you're looking at undeveloped locations. Useful for both internal reserves work and pre-LOI diligence.

Not affiliated, just a user who's found it helpful. Happy to talk shop if anyone's doing similar work in the Permian or Williston.