Drillinginfo’s 2012 Year In Review: A Breakout Year, but We’re Just Getting Started

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I want to wish all of you Happy Holidays and a fantastic 2013!

What better way to close out 2012 than to recap what we did this past year, and what you can expect from us in 2013?

2012 was the year of the Pirate Ship! We took a crack team and put them in their own skunk works with the explicit instructions to “reimagine” Drillinginfo as a platform for 2013 and beyond. We have run the course with our existing architecture. As I like to joke, our mapping is the finest 1999 technology.

Given the rate we are developing new products, this has become a problem and created several development bottlenecks. With new products, such as interpreted well logs, all sorts of regional and local maps, geochemical survey maps, and our analytics products, like land grades for various unconventional plays, we needed an extended platform to quickly make new features available to our members.

In any case, the results were fantastic. You will see the first bit of this re-architecture, dubbed “DI 2.0”, on January 21, 2013 or thereabouts with the rollout of the Rig Location feature.

Drillinginfo’s 2012 Year In Review: A Breakout Year, but We’re Just Getting Started

New Rig Location Feature Coming in January 2013

The Rigs layer uses our new mapping engine, and it will allow you to view GPS-derived locations, as well as the permit locations. What a great Quality Assurance/Quality Control tool! You will also be able to access the permit document and get details about the rig itself. Watch for some really exciting enhancements to DI 2.0 throughout 2013, with a target for complete migration by the beginning of 2014.

Drillinginfo’s 2012 Year In Review: A Breakout Year, but We’re Just Getting StartedDrillinginfo’s 2012 Year In Review: A Breakout Year, but We’re Just Getting Started

Now, let’s get started and look back on the year great that was, and the exciting year that will be.

Product Enhancements

There were a number of data enhancements in 2012, almost too many to mention. But, here are some highlights.

  • We added deep North Dakota completion data.Drillinginfo’s 2012 Year In Review: A Breakout Year, but We’re Just Getting Started
  • We deployed enhanced export functionality that allows exports of our tabular, well header and production data. We took it from 1,000 rows of data, all the way up to 250,000+. No choke on that pipe!
  • We rolled out two mobile apps. DI Social consolidates all of our social media feeds into one convenient location. DI WellSpot 1.0 allows you to see wells that are on the horizon. It has a cool “augmented reality” feature where you can point your phone’s camera in any direction, and it will show you where and how far away the nearest well is based on the direction you are pointing.
  • Drillinginfo’s 2012 Year In Review: A Breakout Year, but We’re Just Getting Started

    DI Geology LAS Log Coverage in the Gulf Coast Region

    We have released the DI Geology module and one of the Pro-level feature cornerstones that contains some 60,000 (and growing rapidly) LAS logs. These are already allostratigraphically interpreted for your quick ingestion into Kingdom, Petrel, Landmark and other products. We are adding some 1,000 to 3,000 wells per month.

  • We moved our entire Help Text system into Adobe RoboHelp to make answers, definitions and how-to’s much more accessible.
  • We researched and corrected 28,000 data errors, 1,600 which were user-reported, and most of which were due to bad source data from regulatory agencies.
  • Drillinginfo’s 2012 Year In Review: A Breakout Year, but We’re Just Getting StartedWe released DI Desktop, our macro production analysis tool, as a part of a DI Basic membership to our Tier 3 and larger members. It’s the easiest and best way to create and compare production type curves across companies and plays.
  • We got Texas allocated production into DI Desktop, so you can also analyze production on a well-by-well basis.
  • We added Estimated Ultimate Recoveries for every well in the US to DI Desktop. EURs are re-calculated every month, along with various curve parameters. This feature is available on all DI Pro accounts.
  • We re-architected the communications portion of DI Desktop to work behind nearly any firewall.
  • We revamped our Virtual Scout architecture and increased performance by 75%.
  • We added new land grids for Michigan, West Virginia, Montana, California and Kansas.
  • We added Michigan, California, Montana and Kansas to our leasing coverage.
  • We released our Eagle Ford Production Analytics and Acreage Grading to much interest and fanfare. This is a module on top of DI Plus, or included as a cornerstone element in a DI Pro license.
  • We added 587,913 leases, 365,587 LandTrac mineral lease polygons, 70,739 Pipelines, 67,417 new wells, 138,596 permits, 82,691 completions, 67,293 well operations, and over 10 million production records in 2012 to date.
  • We re-architected our system to recognize and render tens of thousands of new drilling unit outlines.
  • We placed GPS units on some 1800 North American rigs to monitor actual validated locations and time spent on location.

So, what is coming in 2013?

  • We are accelerating delivering deep completion data.
  • We are digitizing and will start delivering directional survey data.
  • We will add lease coverage in two new States.
  • We will release our online well-based cross-section and picking tools.
  • We will release our dynamic allostratigraphic framework within the DI 2.0 platform.
  • We will release our subsurface 3-D visualization environment.
  • We will release seismic data rendering (either through DI’s cloud or client desktop or server) in DI’s 2-D and 3-D visualization environment.
  • We will deliver a low cost appliance behind client firewalls that integrates client data with DI data.
  • We will release Contouring.
  • We will release dynamic mapping, table and charting functionality.
  • We will integrate our County Scans databases with DI products so you can access complete lease and deed history by clicking on DI land outlines.
  • We will begin initial integration of County Scans lease tract data to enable 3-D visualization of held versus open acreage at depth.
  • We will extend our Unconventional Play Geological Grading of Acreage and Best Practices Quantification to 3 additional plays, along with a discussion on similarities and differences between such.
  • We will digitize and integrate the massive paper old scout card and log data we have with our digital database.
  • We will clean up the “old API” well header issue in Texas.
  • We will normalize Global Production to “Best of Breed”, and we will deliver the same through all systems.
  • And much, much more…

As you can see, while 2012 was an amazing year for Drillinginfo, looking at our roadmap for 2013, I can confidently say the Oil & Gas industry ain’t seen nothing yet!

Now it’s your turn. What else would you like to see from Drillinginfo in 2013? Please, leave a comment below.

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Allen Gilmer

Allen Gilmer is the Co-founder, Chairman and CEO of Drillinginfo. Allen is active in all aspects of Drillinginfo’s new product development and is widely recognized for his industry leadership and vision. He holds several patents in the field of multi-component seismology. He received his Bachelor of Arts in Geology from Rice University and his Master of Science in Geology from The University of Texas at El Paso. Follow him on Twitter @allengilmer.