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Energy/Utilities

Well Production Data

Monthly oil, gas, and water production volumes by well -- the fundamental data that reserve engineers and acquisition teams use to value upstream assets.

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Overview

What Is Well Production Data?

Well production data comprises monthly oil, gas, and water production volumes reported by individual wells—the fundamental metrics that reserve engineers, acquisition teams, and operators use to value upstream assets and forecast future performance. This data is essential for asset valuation, development planning, and reserve estimation. Production data typically includes multiphase flow measurements (oil, gas, water), shut-in periods, and operational parameters like downhole pressure and temperature, all of which feed into predictive models and decision-making processes in oil and gas development.

Market Data

~5,000 wells

Wells With Daily Production Data Available (Midland Basin)

Source: Novi Labs

10,000+ wells

Total Wells With Uploaded Daily Production Data

Source: Novi Labs

240 daily production records

Data Points Extracted (Single Well Study)

Source: ACS Omega / Volve Field

Who Uses This Data

What AI models do with it.do with it.

01

Reserve Engineers

Use production data to estimate remaining reserves, decline curves, and ultimate recovery for asset valuation and development planning

02

Acquisition Teams

Apply production history and multiphase flow data to determine fair value for upstream asset purchases and portfolio optimization

03

Machine Learning & Forecasting

Train tree-based models and neural networks on historical production data to forecast performance of new wells and optimize drilling decisions

04

Regulatory Reporting

Meet government requirements to report monthly production volumes by well and lease for compliance and market transparency

Pricing depends on the proposed terms

We do not have a verified, comparable price for your dataset. Consider the permitted uses, license term, exclusivity, provenance, coverage and quality. A seller asking price is a proposal, not an appraisal or guaranteed sale. Compare prices only when the source, date, currency, unit and license scope are known.

What Buyers Expect

What makes it valuable.valuable.

01

Data Cleaning & Validation

Removal of irrelevant records, missing features, and unreasonable data (e.g., invalid on-stream hours); schema validation at every ingestion point

02

Complete Multiphase Measurements

Oil, gas, and water production volumes; downhole pressure and temperature; accurate WOR (water-oil ratio) and GOR (gas-oil ratio) calculations

03

Handling of Shut-In Periods

Clear documentation of manually controlled shut-in periods; exclusion from analysis when appropriate for production forecasting

04

Data Freshness & Frequency

Monthly or daily production snapshots with clear timestamps; minimal latency between production and reporting for decision-making models

05

Audit Trail & Provenance

Well identifier, lease information, and source database documentation; confidence flags for allocated versus measured data

Potential applications and organizations

Who's buying.buying.

Reservoir Engineering & Consulting Firms

Train predictive models, estimate reserves, and support acquisition due diligence

Oil & Gas Analytics Platforms (e.g., Novi Labs)

Aggregate well production datasets and build machine learning models for forecasting and performance benchmarking

Independent Operators & Majors

Access production data for portfolio monitoring, decline curve analysis, and new field development planning

FAQ

Common questions.questions.

What is the difference between monthly and daily well production data?

Monthly production data is aggregated from daily measurements and often allocated across a lease to individual wells using regulatory guidelines, creating uncertainty. Daily production data, where available, provides precise well-level measurements and is preferred for training high-quality predictive models and making accurate development decisions.

Why is well production data critical for asset valuation?

Production data shows a well's or asset's actual economic output over time. Reserve engineers use it to estimate decline rates, ultimate recovery, and remaining reserves—all of which directly determine what a property is worth to a buyer. Historical performance is the strongest predictor of future cash flow.

What data cleaning steps are required before using well production data?

Key cleaning steps include removing irrelevant records (e.g., record dates, wellbore codes), handling missing features (e.g., downhole pressure), removing shut-in periods when necessary for analysis, and correcting unreasonable values (e.g., invalid on-stream hours). Schema validation should be applied at every ingestion point to prevent corrupt data from entering models.

How much well production data exists in major U.S. basins?

Data availability varies by basin. In the Midland Basin, approximately 5,000 wells have uploaded daily production data, and over 10,000 wells globally have contributed daily production records to major platforms. Availability is highest in established, densely drilled areas with strong regulatory reporting infrastructure.

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Describe your well production data and the uses you are authorized to offer. Price, legal suitability, and buyer interest require separate evaluation. No match or sale is guaranteed.

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