AUSTIN, Texas, July 19, 2016 /PRNewswire/ -- Drillinginfo, the leading oil and gas analytics company, today announced the addition of significant, new land intelligence tools and functionality. These innovative solutions bring land professionals richer data, greater context, and flexibility to accelerate their deals.
Disrupting legacy land intelligence methods, Drillinginfo has released three new next-generation tools within its land portfolio that allow users to find and access critical information faster, while minimizing risk and maximizing efficiency.
- Gain greater insights with integrated, nationwide lease polygons in Production Workspace, which now contains LandTrac™. With this proprietary dataset, customers of Drillinginfo can add economic and geologic context to their land exploration workflows. Beyond simply finding available acreage or qualitatively analyzing competitor lease hold positions, the platform enables more powerful analysis through features such as the Drillinginfo activity heat maps that deliver quick understanding of leasing and permitting trends; the Graded Acreage tool that allows comparisons of lease value; and the probabilistic decline curve analysis (DCA) tool. The combination of the LandTrac™ leases, best-in-class production data, and the first web-enabled DCA tool creates a next-generation toolbox for determining lease value and managing risk. LandTracs™ polygons are available now to DI Plus subscribers, while legal lease point information is available to all subscription levels.
- Rethink title research with a new, graphical user-interface and breakthrough functionality for DI Courthouse. The latest innovation from Drillinginfo enables customers to manage teams more efficiently with advanced administrative controls, allocate resources based on hard data with user analytics, and eliminate duplicative work with collaboration tools. Faster search, a more intuitive user experience, and new team management capabilities save users time and money while creating tighter alignment across the organization and improving the quality of title research overall. This solution will be available in mid-July to all DI Courthouse subscribers.
- Automate access to current lease data behind the firewall with the Drillinginfo Direct Access application programming interface (API). Direct Access now includes LandTrac™ units and leases, legal lease points, and permit filings. These tools provide land professionals with the most recent data available without the tedious process of manual updates to internal systems. Direct Access automates this ingestion and provides the building blocks for developing custom applications, freeing up countless hours of time and opening a new frontier of possibilities. Direct Access currently includes land data and is available to DI Plus subscribers.
"Most land professionals spend too much time digging for information, instead of solely focusing on finding the most profitable deals before anyone else," said Drillinginfo CEO Allen Gilmer. "As part of our commitment to continually bring new innovations to market, we are enabling our customers with easier-to-use land solutions that drive better, faster decision making."
Whether users are looking for open acreage, consolidating lease holdings, or evaluating acquisition and divestiture opportunities, the latest releases from Drillinginfo change the way customers conduct land research and close deals.
Drillinginfo is the leading SaaS and data analytics company for energy exploration decision support, helping the oil and gas industry achieve better, faster results. The company's predictive/prescriptive decision platform combines intelligence, analytics, tools, and services in one seamless system to deliver value at every stage of the E&P process. Drillinginfo services more than 2,500 companies globally from its Austin, Texas-based headquarters, and has more than 400 employees on five continents. For more information, visit www.drillinginfo.com.
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SOURCE Drillinginfo, Inc.