FAQs
How many oil & gas companies participate in the exchange?
PDS WDX, E-Ticket, FracX, and CODE exchange solutions are currently used by 95% of Fortune 500 energy companies. We expect similar rapid adoption of the Gas Balancing Exchange.
Didn’t PDS Offered Gas Balancing Volumes in the Past?
Yes, PDS was the original developer of the gas balancing exchange in 2008. The platform was acquired by Oildex in 2017 and went through a couple of successor entities prior to Enverus notifying the participants of their intention to decommission the platform in 2022. Having most of the same core team that originally developed the platform, PDS was able to successfully rebuild the core components of the gas statement exchange.
Do you offer custom OBO datasets or EDI?
Custom OBO datasets and automated EDI delivery are available for a simple flat fee per well. Contact us for our current Gas Balancing Exchange data rates.
How much does it cost to join the PDS Gas Balancing Exchange?
Basic features of the Gas Balancing Exchange, including download of PDF statements, are provided free of charge as a service to the oil & gas industry. For more information on joining, please contact PDS Energy today.
Who can join the PDS Gas Balancing Exchange?
Participation in the PDS Gas Balancing Exchange is open to producers with operations in the United States or Canada.
Why use the Frac Interference Exchange?
Because acreage often offsets multiple different operators (both at surface and underground), the ability to share fracking schedules is critical to avoid hazards and economic waste.
How do I add frac schedules to the exchange?
Frac schedule data is loaded manually or via an excel import. Data is exported via excel.
Who can join the Frac Interference Exchange?
Participation in the PDS Frac Interference Exchange is open to producers with drilling and production operations in the United States or Canada.
What is the cost to join the Frac Interference Exchange?
The Frac Interference Exchange is provided free of charge as a service to the oil & gas industry. For more information on joining, please contact PDS Energy today.
Besides e-mail, FTP, or web service, can I access my ETX data online?
Yes, all participants in the E-Ticket Exchange have access to a web-based portal to view field ticket transactions, which offers additional features for managing field work, purchase orders, and invoices.
What types of transactions does E-Ticket Exchange support?
ETX can receive tickets for crude oil, water, rejects, split loads, sand, oil-service hot shots, or any other oil service transaction.
I’m an operator, how do I receive my ETX data?
We work with each client to determine the preferred method of delivery, which includes transmitting transaction data in exactly the right format for seamless integration into your production accounting system. Prior to delivery, ETX will perform all necessary data transformations, including data normalization and master data lookups. Your data will then be delivered by e-mail, FTP or directly into your back-office system via our API.
I’m a service provider, how do I send my data to the E-Ticket Exchange?
PDS ETX supports the entire ecosystem of digital field ticketing solutions. We aggregate data from commercial software products and mobile apps, including QV21, ShaleApps, Trimble, and PDS’ own Field Ticket Pro products. If your company has a proprietary, custom built solution, PDS will integrate directly with your systems via web service or FTP data transfer.
How will our partners gain access to our data via the PDS Well Data Exchange?
PDS’ support staff will personally contact each of your partners to assist them in using the PDS WDX website for partner reports. An Administrator at each partner company will be identified and can create additional accounts for others at the partner company as needed, eliminating partner support functions at your company and the maintenance of partner report distribution lists in WellView. Every individual user can decide how they would like to receive their data–whether it’s via email, or by logging in and retrieving it via the website.
Can I receive OBO partner reports in a WellView format?
Yes – PDS provides an automated WellView data import solution that seamlessly loads your non-op data into WellView, and allows you to share data with your partners through the PDS Well Data Exchange without managing peer-to-peer sharing arrangements.
What types of documents can be distributed via the PDS WDX?
The Well Data Exchange Platform is customizable and can be used to distribute surveys, logs, AFEs, permits, plats, daily partner reports, sensitive internal documents, end-of-well reports and more.