Who is Sourcewater?
At Sourcewater, we offer the oil and gas industry the most comprehensive and data-driven water and disposal market intelligence platform in the world.
We help energy operators, saltwater disposals, energy investors, water treatment providers, water logistics companies, water transfer companies, water brokers, and many other oilfield service companies discover critical produced water insights using big data and easy-to-use online data mapping technology.
Our mission is to help upstream energy operators, service companies, and investors focus on the correct data-informed business development opportunities, make better investments and more informed operational business decisions.
Why should I use Sourcewater?
Our proprietary and patent pending produced water decline curve analysis gives you a one-of-a-kind look at where produced water volumes will come online by operator on a monthly basis. You can view trends from the past and forecast months ahead of the present day to fully understand the produced water market.
The data, insights, and intelligence we provide is invaluable for every upstream operator, service company, consultant, and investor to make better business decisions.
What type of intelligence do you provide?
We provide data and intelligence for upstream oilfield water (sourcing, disposal, and recycling) and completions activity.
We offer detailed map and table format based visualizations of where produced water is generated by every oil and gas operator's well and where the water is going to by SWD. Saltwater disposal utilization by pressure and injected produced water volume is instantly presented in user-friendly and interactive graphics in our online mapping portal. Compare and contrast operator produced water volumes, historical oil and gas production, and which SWD has the largest market share by region.
Each well has a detailed accounting of owner name, GPS location, API number, lease number, permit number, district name, skim oil %, injection type, permitted volumes and pressures, current activity, and much more.
You can filter our data by over 100 different parameters including operator name, well type, area (state, county, region), completion type (i.e. linear gel, cross linked, slick water), horizontal length, true vertical depth, total produced water, SWD pressure and volume utilization, oil/gas production, days since last completion, elevation, deepest perforation bottom, deepest casing, in addition to many other filters.
What are the benefits of using your intelligence products?
On our platforms, you can access dozens of data sets that are difficult to find anywhere else. The best part? They’re all located directly within our user-friendly maps. You have the opportunity to turn millions of data points into easily digestible market intelligence with simple graphs and visual reports.
You can save months of research needed to find the answers to critical business questions — let us do the work for you. We hold multi-million dollar upstream water management and completion trends that you simply cannot find anywhere else.
How can I access your data/market intelligence?
(1) We have built a world class online GIS mapping platform that makes it easy for you to quickly filter, search, and select the data you need. You can also leverage our powerful, yet simple visualization tools like heat maps, graphs, and spider charts to quickly see the insights you are looking for and understand large data sets at a glance.
(2) You can also easily download our data from the mapping platform with a click of your mouse in CSV, KML, and Shape file format. Quickly generate lists for marketing, sales, or for any data project that requires the use of Excel or your in-house data processing technology. Our visual graphs and charts are also available for download as CSV, PNG Image, JPEG Image, PDF, SVG Vector Image, and PDF Document making it easy and fast to create your own personal, powerful presentations for your team, clients, investors, and prospects.
(3) We have also built a powerful REST API that allows your technical or data team to connect your in-house GIS/Data platforms directly to our servers. Once set up, this API connection allows you to quickly access our data on a scheduled, automated basis, while storing the data in the schema and platform you require.
Is your data reliable and how do I know it is accurate?
At Sourcewater, we have gone to great lengths to quality assure our data sets. This means, we have a detailed data cleaning process and "ETL pipeline" where we extract, transform, and load raw data from dozens of sources into a staging server. This process includes importing the data from it's raw form and original source, merging data sets together, rebuilding missing data, standardizing the data schema, removing duplications, verifying and enriching the data sets, and loading it into our online mapping platform.
You can be certain that our data science team spends countless hours combing through every single data point using advanced data cleaning techniques using Python coding best practices. Finally, we grade the data to know where problem areas are present and publish these findings to our clients on a monthly basis. This way, you get access to clean, accurate, and trusty worthy data including every single oil and gas well, disposal well, injection well, and other rich data sets in our areas of coverage.
How current is your data and how often is your data updated?
We research, mine, clean, process, and publish dozens of data sets. Every data set has a unique update schedule. The update frequency of every dataset depends on the source that the data set comes from and the techniques that are used to extract or process the data.
For example our disposal and drilling permits are published daily, while our P-18 skim oil reports are updated weekly. Yet, the P-18 skim oil reports are typically lagging by one to three months due to the Texas RRC's lag in processing and publishing this specific data set. Similarly, the H-10 disposal utilization data set is reported on an annual basis by disposal companies, but, within this report, the total produced water volumes that are injected into each Saltwater Disposal are itemized on a monthly basis.
Our satellite analysis data is currently processed monthly, but will soon be processed on a weekly basis. Despite the expected weekly updates, factors out of our control (like cloud cover and the frequency of when satellites pass over our areas of operation) can disrupt the data update schedule.
Where does your data come from?
We rely on public filings from state agencies like the Texas Rail Road Commission, New Mexico Oil Conservation District, and the Texas Water Development Board. Over 40 different data sets like the H-1 and W-14 disposal permits, W-1 Drilling permits, H-10 Disposal injection reports, and the P-18 skim oil reports are digested into our data extraction process.
This data is cleaned and published with our easy-to-use online mapping platform so you get all of the right information in one place saving you time, energy, and a lot of money. Most importantly, the data is analyzed for you in a simple and visual format so you get the intelligence you are looking for in seconds rather than months.
What are the limitations of your data sets?
Every data set has it's limitations. For example, P-18 skim oil reports are key to understanding where produced water is generated by lease and goes to by SWD. We use this data set to draw our "spider charts" connecting the oil and gas leases to the related saltwater disposals. Yet, this data set is only available in the State of Texas. As a result, this type of analysis is also limited to the State of Texas.
What if I am not tech/computer savy?
We searched far and wide to hire the best-in-industry Product Managers and User Experience Designers to build a world class online software platform that anyone could use. Limited to no training is required to get started and you will be up and running as soon as you get your user name and password. Log into our online platform and you'll be up and running instantly. Accessing needed information online from the comfort of your office chair (or wherever you can access the internet) has never been easier.
Gone are the days of overly complicated data analysis tools that require teams of data analysts, data scientists, and developers. You can give your GIS team a rest and generate beautiful graphs and reports by yourself. We make it easy to impress your boss, colleagues, and clients with beautiful presentations and powerful knowledge.
What makes you different than other oil and gas data providers?
For example, our best-in-class online mapping platform is far easier to use than your typical oil and gas software. Also, our data is cleaner, richer, and more current than any other oilfield market intelligence provider. How do we do this?
We believe in pushing the envelope to pioneer advanced data acquisition methods and access never-before-used data sources to get the most current, highest quality, and accurate market intelligence possible. Most oilfield data providers rely solely on public data and government records. We are pioneering data acquisition using Satellite Imagery Analysis to track frac pad and pit development, while also tracking oil and gas asset movement on the ground in near live time.
Sourcewater also operates the world's only online water intelligence platform for upstream energy operations giving us access to upstream water management financial trends, buyers, and sellers. We actively engage in real water and disposal trades every day, giving us on-the-ground experience. We have years of experience brokering deals, moving dirt, dispatching trucks, and laying pipe. So, we understand the challenges you face.
Our experienced in-house market research team makes hundreds of phones calls every day to our broad industry network to check and bolster our market analysis.
Why shouldn't I continue to find this data and market intelligence by myself?
We have spent tens of millions of dollars building a truly one-of-a-kind big data product with MIT, IIT, Yale minds and a team with deep oilfield, data, and GIS/development experience.
In sum, your time, energy, effort, and money is better spent leaving this work for us, freeing up your time to focus on what you do best!
What types of clients work with you and who typically uses your products and services?
We work with a broad range of users from executives and owners, managers, and field personnel. For example, many energy investor analysts rely on our tools to access key data to inform the allocation of hundreds of millions of dollars of capital. Truck drivers and transfer field hands use our platform to find assets in the field rather than relying on outdated satellite imagery on Google Earth. Completions engineers, water managers, and CEOs alike rely on us to ensure supply chain efficiencies, negotiate better long-term disposal deals, and look for where new disposal opportunities will be. Treatment company founders and managers rely on us to discover new market opportunities and where their services will be needed most.