Author Topic: Drillinginfo rolls out 'oilfield version of Zillow'  (Read 700 times)

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Offline thackney

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Drillinginfo rolls out 'oilfield version of Zillow'
« on: February 19, 2019, 05:22:09 pm »
Drillinginfo rolls out 'oilfield version of Zillow'
https://www.chron.com/business/energy/article/Drillinginfo-rolls-out-mobile-app-touted-as-13617234.php
February 15, 2019

Austin oilfield data company Drillinginfo has rolled out a cell phone-friendly version of a service that is being touted as oilfield version of Zillow.

Buyers and sellers of oil leases can now use the company's "DI Dealmaker Suite" on their smartphones to check how much neighboring leases were bought and sold for.

Drillinginfo debuted the upgrades to the service during the North American Prospect Expo, or NAPE, in downtown Houston this week.

"If you look at what Zillow did for real estate, it's basically democratizing data," Drillinginfo Senior Vice President Colin Westmoreland told the Houston Chronicle. "You instantly have all access to all comparables when you try to buy or sell something."

Using technology that Drillinginfo acquired when it bought competitors PLS and 1Derrick in June 2018, Dealmaker offers prices and analysis based by scouring information obtained from county court filings, property records, drilling permits, drilling rig locations, production data, investor presentations, press releases and other online sources....
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