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WoodMac & P2 Energy Solutions Join Forces to Deliver Data-Driven Insight to US Energy Sector

Gasoil News - Published on Wed, 17 Jul 2019

Image Source: WoodMac
Wood Mackenzie, the global natural resources research consultancy, announced that its partnership with P2 Energy Solutions to better analyse current and future well spacing. This will be achieved by leveraging WoodMac's well data and P2's lease and production unit content and will be accessible on Wood Mackenzie Lens, an entirely new analytics platform offering real time data, intuitive design and powerful visualisation. This combined content offering will allow investment and petro-technical professionals to quickly assess the current value of a lease or company position in the contiguous US. It also enables robust benchmarking of future reserve and resource value of assets during investment or deal screening.

Mr Tom Wilker, senior vice president of Subsurface at Wood Mackenzie, said, "The partnership will combine WoodMac's well data with P2's lease data to perform geospatial analytics. This combination of cost, production, wellbore path and lease data will create a solution the market has never seen before. With Wood Mackenzie's Lens platform, long, tedious valuation workflows will now take minutes, rather than hours."

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Posted By : Sanju Moirangthem on Wed, 17 Jul 2019
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