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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Find Me This Data →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.
Reserve Engineers
Use production data to estimate remaining reserves, decline curves, and ultimate recovery for asset valuation and development planning
Acquisition Teams
Apply production history and multiphase flow data to determine fair value for upstream asset purchases and portfolio optimization
Machine Learning & Forecasting
Train tree-based models and neural networks on historical production data to forecast performance of new wells and optimize drilling decisions
Regulatory Reporting
Meet government requirements to report monthly production volumes by well and lease for compliance and market transparency
What Can You Earn?
What it's worth.worth.
Subscription Data Feed
Varies
Pricing depends on basin, well maturity, data completeness, and exclusivity terms
Historical Dataset (Multi-Well, Multi-Year)
Varies
License fees vary based on sample size, geography, and permitted use (research vs. commercial)
Real-Time or Daily Production Feeds
Varies
Subscription or API-based models typically command premiums over historical batch data
What Buyers Expect
What makes it valuable.valuable.
Data Cleaning & Validation
Removal of irrelevant records, missing features, and unreasonable data (e.g., invalid on-stream hours); schema validation at every ingestion point
Complete Multiphase Measurements
Oil, gas, and water production volumes; downhole pressure and temperature; accurate WOR (water-oil ratio) and GOR (gas-oil ratio) calculations
Handling of Shut-In Periods
Clear documentation of manually controlled shut-in periods; exclusion from analysis when appropriate for production forecasting
Data Freshness & Frequency
Monthly or daily production snapshots with clear timestamps; minimal latency between production and reporting for decision-making models
Audit Trail & Provenance
Well identifier, lease information, and source database documentation; confidence flags for allocated versus measured data
Companies Active Here
Who's buying.buying.
Train predictive models, estimate reserves, and support acquisition due diligence
Aggregate well production datasets and build machine learning models for forecasting and performance benchmarking
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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