November 2014 - Volume 9 Issue 9

Corner Shots in Public Domain

Deliberations

Discover Your
Superpower

Corner Shots in Public Domain
Don't Give Away the Farm



Would you like to find a drilling opportunity for free? Check out regulatory applications.

Your next corner shot may come from a competitor’s mapping that he placed in the public domain in a regulatory application.

Often applications include mapping that illuminates drilling opportunities on offsetting land. Sometimes such drilling opportunities are even on open crown.

Some finders believe that you should be able to find a play per week. I’ve heard one say, “If you haven’t found a play by Thursday, steal one.”

If you’re submitting an application, make sure you don’t give-away-the-farm in your attachment uploads. Take care to limit the amount of opportunity you show off your land.

Use the baby bear rule of thumb: Don’t submit too much information. Don’t submit too little information. Submit just the right amount.

Submitting too little information annoys the regulator. The regulator can become impatient when an application is missing information that is required to make a decision.

Submitting too much information is even worse. It can drown the regulator in detail. Spurious trivia can prompt the regulator to see regulatory problems that shouldn’t be the focus of your application. Some regulator analysts dread wading into large amounts of data.

The directives and checklists are a good start for application requirements. However, the regulator’s hidden requirements are also important. These flavor-of-the-month hot buttons are important to know before you submit an application. But the only way you find them is regular communication and relationship with the regulator.

Because Proven has submitted over a thousand applications, we know how to read between the lines -- we know what the regulator wants.

 
~Granger J. Low
MetroPetro


Click for larger image...

Janet discovered she could fly.


Janet is an engineer in charge of several projects in Alberta.

For a long time, she applied to the board more-or-less “blind” – she applied for what she needed, but wasn’t sure if it was more or less than the board was willing to grant. She often felt grounded in her efforts to maximize her wells' potential.

Then she discovered AppIntel, a database tool that gave her instant access to what her competitors were doing offsetting and nearby her well. Suddenly, she could see what other producers were applying for, and what the board was granting in her area.

Not only that, but AppIntel also alerted her via email whenever there was a new application submitted or approved near her, so she could keep up to date on developments near her property.

This new insight gave her the freedom to apply for – and obtain – the maximum potential for her well.

Now, with newfound wings, Janet soars above her project areas, scoping out her competitors, and discovering how to get the maximum approvals for her wells.

Get the Maximum Approval for your Wells!



Technical Luncheon
PF&C: Process Modelling Requirements for the Safe Design of Blowdown
Calgary, AB
21 Nov 2014
spe.org
Technical Luncheon
Optimizing Fracture Fluid Selection for Multiple Fractured Horizontal Tight Oil & Gas Wells
Calgary, AB
25 Nov 2014
spe.org
YP Event
Young Professionals - Career and Brand Management 101
Calgary, AB
27 Nov 2014
spe.org