What is Parent Company?

WellDatabase has created the "Parent Company" to give users additional insight into M&A activity when a company is acquired but continues to report production under the acquired company name. 

In the following video, John explores multiple strategies for leveraging Parent Company to enhance your workflow.

Filters 

When you use a parent company as a filter, you can access the Operators - Aliased filter to identify all associated companies operating under that parent company. This approach helps you gain a clearer understanding of organizational relationships within your dataset.

Analytics 

To visualize the same data more effectively, keep the parent company filter applied and navigate to the dashboards section. In this example, the map is colored by Current Operator - Aliased, while the analytics are grouped by Current Operator - Aliased. This consistent categorization allows you to quickly see which regions each company is operating in, making it easier to identify geographic trends and organizational structure within your dataset.

Or in contrast, if you color your well spots by Current Operator - Aliased and group your analytics by parent company. Hovering over one of the pie chart pieces will highlight these wells on the map, and if you left click - you can filter to these wells.