News, Events and Commentary from Drillinginfo

Archive for April, 2010

186K Well Logs in Louisiana added to DI’s Log Library

Drillinginfo has recently acquired approximately 186K raster well log images tied to 123K unique API’s located in the State of Louisiana. These well logs will be available to all DI subscribers by the second week of May. Upon release, access to these well logs will be made available by performing a well log search in the State of Louisiana and selecting ‘Drillinginfo-LA’ as the Vendor from the ‘Well Log Search Criteria Page’.

The recently acquired Louisiana well log rasters are located in the following parishes: click here to view complete list.

In addition, 78K of the 186K well logs are located in potential Haynesville play areas, tied to 57K unique API’s.

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Texas GLO & UT System Lease Sale Results

The Texas General Land Office lease sale on April 6, 2010 garnered almost $25MM in sales for the Permanent School Fund.  The West Texas counties of Culberson, Loving, and Reeves received almost 50% of the total.  To see all the winning bids by county and price per acre click here.

The University of Texas System Lease Sale #117 conducted on April 21, 2010 drew $40.4MM in high bids with Andrews County taking in $21.6MM.  Use this link to view the sealed bid results.

It looks like interest in the oil prospects of the Delaware and Permian Basins are back on the radar.

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Upcoming DI Training Webinars

Let us help you perfect your skills on DrillingInfo! Register Now to join us for an upcoming 45 minute free webinar session.
 

Did you miss a webinar or can not attend the upcoming class? Not to worry, you can always view a recording of our past live Webinars.

Check out what other DI Users are saying about the trainings:

“Excellent Webinar!” – Seitel, Inc

“Very informative and comprehensive.  Thank you!” – Sanchez Oil & Gas

“Very informative and easy to follow. This is my first time viewing DrillingInfo.” – Gaither Petroleum Corp.

“The webinar was very informative and will be used in my job.” – Pioneer Natural Resources, USA

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Site Problems…

In the last 3 weeks, we have had 3 instances that, to the world at large, look like outages.  The most recent was this afternoon (April 21, which lasted around an hour, from approximately 3:30 to around 4:15 p.m. CST).  The outages were related to our “Public Site”, and NOT our web application.  The problem was that these pages were the ones that most people use to point to the Drillinginfo login page.  If you have the login page bookmarked, it wasn’t a problem.  Likewise, if you had a particular server bookmarked, such as www18.drillinginfo.com, it wouldn’t have popped up as a problem, but most people just go to www.drillinginfo.com.  That WAS a problem.

This, of course, is unacceptable to me.

The Drillinginfo website pre-login has always contained marketing and information about what we have to the non-member world with some information we hope you glance at, such as “What’s New” and the ever-popular (not) “CEO Corner” blog.  In any case, we separated the marketing content from our application because of the natural conflict between the need to add information to our outside site constantly and the measured release of tested code via our web application.  We remotely hosted the “public” site away from our internal application.

Three weeks ago, the Public Site went down for the first time in 3-4 years.  It was down for about two hours, between 6:30 a.m. and 8:30 a.m..  We decided to move the Public Site to our own hosting facility in order to minimize the opportunity for this reoccurring.  Before we could do so, the Public Site went down again.  We finally got it moved over to our side this last weekend, and, lo and behold, it went down under OUR watch this afternoon.

So what are we going to do about it?  From now on, when you go to www.drillinginfo.com, you will go straight to the login page.  You can choose to go the Public Site if you choose, but for most of you, we are just saving you a click.  Our Web Application is far more robust, and this should at least minimize the opportunity to be down… no more “weakest link”.  By June or July, we will have fully transitioned over to our new hardware and software environment that promises to be hugely robust and very fast.  At least that’s what the salesmen told me.  Just kidding.  Our Drillinginfo IT honchos told me as well.

In any case, know we are working hard and spending money like drunken sailors fixing these time out and performance issues, and the light is really visible.  Thanks for your patience here.  I don’t want to write another entry like this again.

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Nineteen (19) New Counties Released with Unit Tract Outlines

Drillinginfo has been working tirelessly this year to digitize multiple producing units throughout the State of Texas. In April, Drillinginfo members have seen a major increase to the number of counties available in District 6. Overall, 16 counties are now available to our users: Anderson, Angelina, Camp, Cass, Cherokee, Franklin, Harrison, Houston, Marion, Sabine, San Augustine, Shelby, Smith, Titus, Upshur and Wood Counties.

Recently, the Eastern Portion of District 6 has become particularly valuable due to the large amount of producing wells and has witnessed extensive leasing activity with the increased interest in the Haynesville Shale. Furthermore, there are multiple units producing at multiple zones, ranging from the Cotton Valley to the Travis Peak Formations.

In addition to District 6, Dimmit, LaSalle and McMullen Counties in the Western Portion of the Eagle Ford Shale are now available with Unit Outlines.  Recently this area has seen some of the most aggressive leasing activity in the state.  The combination of large ranches available for lease and old shallow production makes these units particularly useful to anyone active in the Eagle Ford.

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New Training Offerings from Drillinginfo!

Check out Drillinginfo’s expanded online training offerings, including new workflow tutorials and additional live webinars!

Visit the Help & Training tab to check out our catalog of training tutorials. Topics include short feature demos (new map tools) or workflows (evaluating prospects).

We have also expanded our weekly webinar offerings to include HPDI topics, New User sessions and specialty topics like using DNA and using DI LandTracs to locate open acreage. Check out the current schedule at https://drillinginfoevents.webex.com.

Want to set up a corporate training? Contact us at training@drillinginfo.com.

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Leon and Freestone Counties in the Cotton Valley Added to LandTrac Suite

Leon and Freestone Texas Counties have been added to Drillinginfo’s LandTrac Suite.  Freestone County has been ranked as high as third in natural gas production in the state of  Texas, while Leon has seen an active past 12 months with more than 1,000 leases being taken or extended.  These counties have been historically active due the underlying Cotton Valley Pinnacle Reef formation and continue to attract a lot of attention for new drilling programs.

The addition of these two counties brings Drillinginfo’s portfolio of LandTrac counties in Texas to 28 and almost 100 across Oklahoma, , Texas, New Mexico, Louisiana, Arkansas, North Dakota, Colorado and Wyoming combined.  Drillinginfo LandTrac Leases are mineral tract lease outlines drawn from the legal descriptions of the leases on file.  With LandTrac Leases finding expiring leases, open acreage, and farm-in opportunities can be done in a fraction of the time, minimizing windshield and courthouse time.

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Related Filings Link, Now In Your AOI

Two weeks ago, we released functionality that allowed you to get to your AOIs in fewer clicks from your daily email update.  For your convenience, we have added a ‘Related Filings’ link to the AOI details page. This link gives you access to a complete well summary, providing a history of the well section. Previously, you could only view the specific AOI data item, to view any related filings you would have to exit Virtual Scout. We are continually looking to make advancements to Virtual Scout and make AOIs even more beneficial and efficient. We appreciate your feedback.

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New Aerials Released

New Mexico and North Dakota now have the added bonus of aerial map views. When viewing results in map view, you can add the aerial layer by clicking ‘aerials’ in the Map Options toolbar (located to the left of your map), then redrawing the map. Your results will be repopulated with the aerial layer on top.

Also, new high resolution aerial maps were recently released for Texas. So detailed you can zoom in on a house. To view, follow the same steps for the above New Mexico and North Dakota maps.

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New Decline Curve Functionality

One of the new features on our Beta Charts (the much more functional charting capabilities we are introducing, using a new, higher technology approach), is a much more robust and interactive decline curve calculator.  On the right side of the chart, there is a button called “Decline Curve”.  Click it, and select a point on your chart, and the best fit decline curve is automatically fit to the chart, along with a quick Remaining Recoverable Reserves and Estimated Ultimate Recovery calculation that can be saved as data by clicking a button.  In addition, you can adjust the various parameters by clicking in the parameter box and use the up arrow or down arrow to scroll and the decline curve will adjust in an animation-like fashion.

This allows you to calculate and save EURs and RRRs for hundreds of wells in minutes, and really expands the capability of our previous efforts.  We hope you like it.

Decline1

Decline2

Decline3

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