Testing is finished with The Well Map and we’re going to go live next week. Here’s what you need to know:
*There’s roughly 13k wells on the map and we’ll be adding more each week.
*The 13k wells include areas such as the Bakken, Eagle Ford, Miss Lime, Powder River Basin, DJ Basin, Piceance Basin, Permian Basin, Granite Wash, Marcelllus and Utica.
*We’ll be updating existing data and adding new data all the time. Wells from the San Juan Basin, SCOOP and Marmaton are coming soon.
*For quick analysis of the data we’ve installed several filters including operator, well name, formation, wellbore, spud date, state/county and production ranges.
*Once data is filtered, the filter summary averages the data filtered which allows the user to pull data points such as average production by operator, formation or state quickly.
*The map will be free, all you have to do is sign-up.
*If you want to stay up to date on the new wells we add each week and crunch raw data, we’ll be offering several newsletters containing just that, these start at $50/month.
*To stay up to date on new features and launch information, like us on Facebook and follow us on Twitter.
The new Well Map site will be launching very soon at the same url (www.thewellmap.com) as the current test site. We’re almost finished with the site and will be releasing credentials for a beta test early next week. If you’re interested in being a beta tester, email email@example.com for more information.
As a tester, you’ll be able to access peak month rate and cumulative production data on wells in the Bakken, DJ Basin, Eagle Ford, Mississippian, Powder River Basin, Tuscaloosa Marine Shale and Utica. Your only obligation will be to complete a short survey based on your experience using the site.
When I initially started working on The Well Map, I was planning on building a dynamic filter into the free version you see today, before moving it to a new web platform where access would be restricted to paying customers. Don’t plan on the former being available, however there will be a free demo map with limited well map data points once the new site launches.
The new site is currently under development with an expected launch date of June, 2013. The map will have multiple filter options for county, operator and well name in addition to ranges for spud date, oil/gas production rates (30-day and cumulative), and oil cut. There will be other features built into the map too which are designed to make your experience a good one.
Are there any functions I’m missing that any of you think would be useful?
I’m also working on building in analytics to support the map data, one piece of which will be average NGL cuts where applicable as public data doesn’t break these out at this point. Are there any other analytical pieces that you think would be helpful?
I appreciate your feedback as me and my team work to complete the first build of this website.
At long last The Well Map now has a basic filter built into it that is available for public use. You can currently filter by operator and county, with other options viewable but not yet functional. The filter is a prototype at this point and will become more dynamic down the road. Please let me know if you find any issues with functionality.
I apologize for the “pump-fake” on the new well map features. Development is taking longer than expected due to my developer’s work load, but hopefully we’ll have something soon. I also apologize about some data inconsistencies as for a few days the integers from production values weren’t displaying in full after we moved the well map data to a new database. These issues have been corrected.
I now have North of 2,500 wells up on the website after adding some Encana (ECA), Bonanza Creek (BCEI), Bill Barrett (BBG) and Anadarko (APC) wells in the DJ Basin/Wattenberg Field in addition to 43 Granite Wash wells drilled by Chesapeake (CHK). All of the Granite Wash wells are located on the East side of the Texas Panhandle in Hemphill, Lipscomb, Ochiltree, Roberts and Wheeler Counties.
These wells include results from several Hogshooter/Missourian Wash wells, the most recent of which is the Stiles 67 SL #22H well which had a 29 day IP rate of 2.0 MBbls of oil and 4.3 MMcf of natural gas, a monster to say the least. CHK has drilled quite a few wells in the Granite Wash area and I picked the oilier set for the most part. With that said, there’s a few natural gas wells in the mix to go along with six wells which had 30-day rates of more than 1 MBbls of oil.
As many of you know, Texas doesn’t conform to the township-range-section system that the rest of the country (outside of Louisiana?) uses, so in the location box I put the formation that the well was drilled into. The industry often refers to these formations collectively as the “Granite Wash,” but know that this is only a generalization as the Granite Wash is its own formation with the rest of these formations sharing similar geological characteristics. The stratigraphic map below will help you fill in the blanks if you’re unfamiliar.
I’ll have more on the Texas Panhandle soon and I’ll fill in the Oklahoma side of the Wash as well. I know a couple of you requested map data on the formation though, so I thought I’d get this up sooner than later.
We’re drawing near to the date at which The Well Map will take a leap forward in functionality. Barring any unforeseen delays, there will be a filtering device on the map next week which will allow you to browse wells much more easily. There are currently around 1,500 wells up on the map, but expect this number to double over the near term as I have hesitated to add new wells until the filter is operational.
The filter is not the end of the changes you’ll be seeing at the well map, as you’ll be getting supportive analytics and eventually more complete production information. Eventually this data will require a subscription, but for now you’re welcome to enjoy it for free. The goal is to provide investors, royalty owners, landmen, and buy/sell side shops with extensive production information that’s much more affordable than what you’ll find from the big data shops.
The Well Map is built off of publicly available data (versus from the companies themselves) so the data set is impartial but not perfect. Because of this, I’ll be doing a lot of work on supportive analytics so that you know how to interpret the data. For instance, states don’t currently provide the amount of natural gas liquids (NGLs) that are being produced from a given well, so below is a table which describes each hydrocarbon being produced by certain wells in the Eagle Ford of South Texas.
If you’re familiar with the Eagle Ford, you know that each county the formation lies in can produce wildly different hydrocarbon cuts. So if I was using this table, I wouldn’t focus so much on county averages, but on clusters of wells in each county. If you’re trying to figure out Marathon’s hydrocarbon cut in its Karnes County prospect, find those wells on the well map and compute an average. There’s a lot more work to be done on my end to make this easier for users, but for now the table is a start.
Expect another post next week once the filter is up and running.
Source: Corporate presentations of the above companies.
Regular viewers of The Well Map know that I’ve recently added the Oklahoma side of the Mississippian Lime play to the map. The Oklahoma production numbers come with several caveats discussed as follows:
1) Natural gas production information isn’t provided for wells the state designates as “oil wells”, so you will see an “NA” in the gas column for those wells.
2) Because I didn’t have natural gas production to determine an oil cut, the “oil cut” column was obtained from the initial production reported by the company in the completion report.
3) Oil production is compiled monthly and days producing of a particular well is not logged, so I assumed each well produced for 30 days per month in the “IP Days” column (just like Texas). Because some wells undoubtedly produced for less than 30 days, production rate may be understated.
What additions/changes to the well map will be made moving forward?
1) By the end of December I’m hoping to have a redesign of the website which will include a filter to make navigation of the site easier.
2) I will continue to add wells in existing plays on the map with expansions into others coming soon. If there’s a play you would like to see added sooner than later, let me know.