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

Mineral Owners Colorado Proposition 112. Calculating Impact to Mineral Value

Colorado Proposition 112. Calculating Impact to Mineral Value

Proposition 112, known during the petition process as Initiative 97, could have a huge affect on the oil and gas activity in Colorado. This initiative proposes the oil and gas industry maintain a buffer of 2500 feet from schools, homes and businesses.  In Colorado, there is currently a 1000 foot set-back in place for schools …

Read Article Read More

Industry Oil and Gas Reserves Reports – Know What You Own

Oil and Gas Reserves Reports – Know What You Own

Well production naturally decreases over time. The remaining reserves refers to the oil and gas not yet produced, at any given date. Remaining oil and gas reserves on a property are calculated from already existing producing wells, with remaining reserves, and undeveloped reserves (wells to be drilled and produced in the future). Reserves Report for …

Read Article Read More

Industry Proposition 112 – A $470 Billion loss to Colorado

Proposition 112 – A $470 Billion loss to Colorado

Proposition 112 Overview and Intro to Economic Study Proposition 112, if passed, will result in a major decrease in oil and gas activity in Colorado. The regulation proposes the oil and gas industry maintain a buffer of 2,500 feet from schools, homes, and businesses. The result eliminates approximately 85% of future drill sites in the …

Read Article Read More

Industry Be Aware of Dead Wells in Investment Decisions

Be Aware of Dead Wells in Investment Decisions

Oil and gas investors beware. “Dead” wells are coming back to “life” during mineral valuations. Are you considering moving forward with an oil and gas deal? Receive a nice flyer for an oil and gas property? Given access to a promising data room? Well, if you are ready to purchase, take a little time to …

Read Article Read More

Industry Well Life Cycle

Well Life Cycle

A well is ‘retired”, aka Plugged and Abandoned (P&A) when it is no longer economic for the oil company. A P&A will be executed either because of low production, complicated wellbore challenges, or repairs are too expensive to economically justify. The P&A procedure requires the production zone to be isolated with a mechanical and cement …

Read Article Read More

Industry Working Remotely? Set Yourself Up for Success.

Working Remotely? Set Yourself Up for Success.

The modern workplace includes flexible schedules, remote work offices, and the latest team collaboration technology.  Email, video conferencing, shared calendars, team spaces in the cloud, and group chats are just a few of the tools that make working remotely possible. It really can be a dream job; to work from home in your pajamas and …

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!