This articles gives an overview of the data points that can be found in the Well Financial Records.
Well financial records contains information about the costs associated with the well. The majority of these costs are calculated using average values adjusted for the properties of the well.
Cost Components
Drilling and Completion Costs:
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- Drill And Complete Cost: Cost for drilling and completing the well
- Rig Cost: Expenses related to the rig
- Casing Cost: Expenses related to well casing
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Fracturing Costs:
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- Frac Pump Cost: Costs associated with the frac pump
- Frac Proppant Cost: Expenses for proppant
- Frac Fluid Cost: Costs of fracturing fluids
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Additional Costs:
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- Other Cost: Miscellaneous non-specific costs
- Plugging Cost: Expenses related to plug the well
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Revenue Streams
- Total Oil Revenue: Revenue from oil production based on historical data and strip prices
- Total Gas Revenue: Revenue from gas production based on historical data and strip prices
- Total Revenue: Combined revenue from all production streams
Operating Expenses
- Royalty Cost: Costs associated with royalty payments
- Total Water Cost: Expenses for produced water handling
- Total Tax Cost: Total tax obligations
- Total Producing Cost: Total costs related to production operations
Financial Analysis
- Calculation Type: Type of calculation used for financial data
- Valuation: Total well value based on historical and forecasted production and cost data
Records Management
- Well ID: Unique well identifier
- Simple ID: Integer-based well identifier for quick querying
- Internal ID: Unique record identifier optimized for quick database operations
- Date Created: Initial creation date in WellDatabase
- Date Last Modified: Most recent modification date
- Date Catalogued: Date and time of record cataloguing in the export database
Data Model
The schema in our data model provides a complete and detailed framework for capturing and analyzing the data available in WellDatabase.
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