TGS has built a comprehensive data set using over 100 years of public and proprietary well, completion, production and injection data. To enhance accuracy, TGS:
- Standardizes well records at multiple levels, including well system, wellbore, and completion events.
- Aggregates production and injection data across lease, field, and well levels.
- Includes supporting metadata, such as well depths, completion details, and production dates.
To address gaps in public datasets, TGS also:
- Extracts missing details from hard-copy completion reports.
- Digitizes physical records from district offices.
- Integrates Baker Hughes rig data to track active drilling activity, fill in gaps in delayed production reporting and predict future well production.
This enhanced data set enables better forecasting of U.S. new well oil production and provides valuable U.S. oil market insight for industry stakeholders.