Category: Industry

Industry New Drilling Permit Volume Rules & Mineral Rights in Wyoming

New Drilling Permit Volume Rules & Mineral Rights in Wyoming

WOGCC Public Meeting If you have mineral rights in Wyoming, then you may want to attend this meeting. Recently, Wyoming has gone through some changes with their permit rules. On July 9th, 2019, the Wyoming Oil & Gas Commission (WOGCC), released a new proposal that will deal with the increased volume in drilling permits. In …

Read Article Read More

Industry Texas Production Data

Texas Production Data

PetroValues has developed an innovative process to allocate production to wells from lease reports.  PetroValues’ production allocation uses production history, production tests, the geologic region, geologic formation, well lateral length, type curve production forecasts, and production dates to accurately provide the well production data. Background To accurately determine the value of a property, understanding the …

Read Article Read More

Industry Colorado SB 181: Where will DJ Players go?

Colorado SB 181: Where will DJ Players go?

With SB 181 being signed into law in Colorado, operators are looking to move from Denver-Julesburg Basin (DJB) to the Powder River Basin (PRB) in Wyoming.  PRB has given up some very impressive well results (>4k BOPD IP’s), but along with those results has come some frightening Authorizations for Expenditures or AFE’s.   This indicates …

Read Article Read More

Industry NAPE Summit 2019

NAPE Summit 2019

We are so excited to be attending NAPE again this year. Conferences bring many opportunities for your career. Here are the top tips and things you need to know about the NAPE Summit conference. Look at the Schedule   Taking a look at the schedule ahead of time will help you to plan your time …

Read Article Read More

Industry Asset Level Economics

Asset Level Economics

Asset Level Economics – assessing free cash flow and funding requirements for E&P companies   PetroValues has developed a new tool to assist equity research analysts in streamlining their work process and automating valuation functions.  Although the tool has multiple applications, one benefit will help analysts to better understand field development at the asset and …

Read Article Read More

Industry Tips to Appraise Oil and Gas Assets

Tips to Appraise Oil and Gas Assets

Are you interested in financing, or acquiring oil and gas assets? The industry is booming and there can be a lot of upside for savvy investors. The first step is to understand the mineral rights worth of the property you’re interested in. Here are a few pointers for the valuation process, if you’re looking to …

Read Article Read More

Industry Future Wells Included in Mineral Rights Appraisal (Upsides)

Future Wells Included in Mineral Rights Appraisal (Upsides)

Forecasting Production In oil and gas development there is an aspect of predicting future production, which is not only important to the company but in many cases the share holders, and also mineral owners. The technical practice of forecasting production is a critical component of understanding the value of both producing wells and future development …

Read Article Read More

Industry Type Curves Affect Oil and Gas Deals

Type Curves Affect Oil and Gas Deals

Oil & Gas Type Curves Oil and gas type curves are developed to project the future production of both producing and upside wells. This is essential to determine the value of mineral rights acreage. The PetroValues team spoke with our clients, and many of them expressed the importance of being confident in projections. We couldn’t …

Read Article Read More

Industry Completions Matter

Completions Matter

Evolution of Completion Techniques The optimization of completion techniques, most commonly referred to as “fracing,” has been a driving force for the evolution of the oil and gas industry for over 150 years. In the 1850s, it was common to throw gunpowder downhole. Today, optimization involves adjusting fluid mixtures, and changing pump designs. Through technological advancement and …

Read Article Read More

Industry Proposition 112: A Ban on Future Oil and Gas Production in Colorado

Proposition 112: A Ban on Future Oil and Gas Production in Colorado

Thousands of Colorado voters will soon vote on a critical, yet poorly understood, ballot measure.  Most agree that adequate safety regulations for oil and gas activity need to be in place. However, very few voters know that Proposition 112 effectively bans future drilling in Colorado.   The video below was created to inform voters of the …

Read Article Read More

Subscribe

petrovalues-blog-subscribe
Click the image to subscribe!

Contact Us

petrovalues_contact
We’d love to speak with you!

1-855-867-3876

Questions?

blog_mineral_owner_valuation
Email us!