Acquisition Screening
Common Challenges
- Growing reserves through acquisitions or buying interest in producing wells is a standard practice in Upstream, but it is a very time-consuming process.
- Access to third-party production data can be expensive, especially across several basins.
- There is a lot of overhead to gather and load data into an economics tool, generate decline forecasts and economics, and then visualize and analyze.
Speed up your M&A screening process with access to evaluation-ready forecasted reserves in an easy to use data analysis application
- PetroVisual Evaluator works directly with BLR Well Cloud, our evaluation-ready forecasted reserves data. In less than five minutes, you are screening wells, operators, or entire basins to identify opportunities for more in-depth analysis.
- Our cloud-based forecasted reserves data is always up to date with the latest producing volumes. Forecasted reserves are updated monthly too using current commodity prices.
Eliminate wasted time finding data, exporting it, loading it, and then forecasting reserves. BLR Well Cloud is integrated directly with PetroVisual.
Forecasted reserves you can trust. We use our PetroCurveFit to clean and characterize the production data before applying advanced curve-fitting algorithms. We forecast production that traditionally has required an engineer to forecast. Extensive backtesting confirms our forecasting accuracy.