In an industry historically known for highs and lows, sometimes extreme, the current industry downturn has no doubt left E&P’s scrambling for revenue. While most have been fairly disciplined about keeping up with information around operated assets necessary for everything from D&C efficiency to marketing to accruals, the love and attention shown to non-op assets […]
Digitally Deliver Run Tickets to Rapidly Cut Your Operating Costs
Right now, there is a large cost center sitting on your balance sheet that could easily be erased, overnight. Ironically, despite digital oilfield advances, many producers rely on manual processes to collect run tickets for sales, water hauls, and other field transactions. The result is that right now your pumpers are out in the field […]
Shale Operators Face New Forecasting Challenges
Regardless of the duration of the current market turmoil, E&P’s will become increasingly dependent on cash flow forecasts (accruals) for everything from operations planning to financial reporting. Getting your hands on the necessary data to accurately calculate those accruals is key. While commodity prices and operated production volumes are relatively easy to calculate, the impact […]
PDS Energy’s Frac Interference Exchange Now Automates Sharing of Completion Schedules
Data sharing service introduces new features that automate the import and distribution of hydraulic fracturing scheduling information, further streamlining collaboration between participating oil & gas companies to prevent frac hits on nearby wells during a completion. AUSTIN, TEXAS – PDS Energy Information (PDS Energy), the leading provider of secure data transfer exchange services for oil […]
PDS Energy’s Frac Interference Exchange Starts Operation with All Permian Majors as Users, Encouraging Industry-wide Adoption of Free Data Service
Leading developer of oil & gas data services takes over operation of frac data sharing system developed by major Permian producer, enabling a rapidly expanding list of operators across North America to exchange frac schedules and prevent catastrophic events caused by high pressure buildup on nearby wells. AUSTIN TEXAS – PDS Energy Information (PDS Energy), […]
Verdad Resources Joins the PDS Energy Production Exchange
We are pleased to announce that Verdad Resources has joined the PDS Production Exchange. By participating in PDS Energy’s leading reciprocal data sharing network, Verdad Resources joins hundreds of companies who use the PDS network to distribute production data to working interest owners. Verdad Resources is a Dallas-based E&P company with operations in Colorado’s DJ […]