Whitepaper: Benefits and Use Cases for Waste Data

We Provide Data on Oil and Gas Well Locations for Home Buyers and Homeowners and Oil and Gas Waste Data for Investors and Governments

Our well location reports, WellFactsTM , provide prospective and current homeowners and landowners with the location of plugged and abandoned wells and their old infrastructure. Since plugged and abandoned wells are not in title work or on surveys, future and current property owners are often unaware of what is hidden beneath the surface. Our reports fill this gap.

Our waste data and information can be used to assess the financial health and performance of oil and gas companies. As the global economy increases usage of various energy types, governments and the financial sector will need a way to assess financial risks and returns, liabilities, and their respective time horizons. Our data is designed to identify and quantify financial risks and returns prior to their realization by the market as a whole.

Waste Data & Ratings
Our data correlates to financial risks and returns and can improve performance when applied correctly.
Analytics
Understand how waste management decisions relate to corporate financial performance and why companies choose one disposal method over another in relation to costs and liabilities.
Bespoke Research
We provide bespoke research into specific oil and gas companies upon request. Our bespoke reports can cover both public and private companies.
Identification of Plugged and Abandoned Wells and Old Infrastructure
Using our subject matter expertise in oil and gas, we identify old oil and gas wells hidden on property. Often, we can also identify the likelihood of old pits and gathering lines.
"We have two main goals. The first goal is to provide information on hidden plugged and abandoned wells to future and current property owners so they can determine how to monitor them and mitigate any concerns. Our second goal is to provide oil and gas waste data to governments and investors for current insight and future prediction."
Blake Scott
President - Waste Analytics
Data and Analytics

We derive and structure oil and gas waste data into a high-resolution, useable, and useful format. Datasets include quantity of waste generated by company, waste type, geographic region, waste-management method, and time period. Visit [wastedatashop.com](https://www.wastedatashop.com/) to learn more!

Financial and Environmental Ratings

Utilizing our subject matter expertise, we take our high-resolution waste data and estimate the environmental liability and current costs of companies based on their operational processes and procedures. We then rate the companies, using both financial and environmental metrics. Estimated liabilities and ratings are available at our datashop at [wastedatashop.com](https://www.wastedatashop.com/).

Financial Research and Analytics

We have the knowledge and understanding of the oil and gas sector to understand the current and long-term costs of drilling waste. We remain up-to-date with reporting organizations and standards such as SASB, GRI, and IPIECA and can provide insight into what companies are reporting and what that means from an asset manager or asset owner’s perspective.

WellFacts™

The United States has produced oil and gas for over 100 years. As wells age and become uneconomical, they must be plugged. Once this plugging and abandonment occurs, the oil and gas operator is still responsible for the old well. However, these wells do not appear in title work and because they are cut off below ground they are not shown on surveys. The potential risks from this old infrastructure include leaking methane or other gases, contaminated soil and groundwater, and radiation from naturally occurring radioactive material (NORM). Our very affordable reports provide this information and possible mitigation methods.

Asset Managers and Owners
Asset managers and owners are increasingly faced with the task of considering both financial and non-financial metrics in investment strategies. We can help you understand which issues are financially material and to what degree for the companies you’re analyzing.
Banks
Banks are becoming more concerned about financial risks from undisclosed issues. Understanding and quantifying these material risks and off-balance-sheet liabilities can provide valuable insight into the long-term credit and tail risks of an organization. By using our information, banks can properly assess reserve-based lending requirements for oil and gas companies.
Underwriters
Predicting future risks is fundamental to insurers. Once the risks are known, pricing the insurance products can be achieved through the use of data, statistics, and experience. It is also critical for underwriters to gather information and data about new topics. Our products and team provide the data and knowledge necessary to assist in offering and pricing insurance products for upstream oil and gas.
Corporates
The energy sector is rapidly changing in terms of what shareholders and regulators expect regarding financial and non-financial performance and reporting. Companies that wish to access capital will need to demonstrate long-term viability. Our data, knowledge, and experience can help.
Governments
We offer data to government clients including environmental agencies and federal land managers (EPA, DOI, DOE, USFS, BLM, etc.) This information can be used in environmental studies, for research purposes, or as part of regulatory rulemaking, among other use cases.
Home Buyers and Homeowners
If you are looking for a home or currently own a home, plugged oil and gas wells and their infrastructure may be on the property. As a buyer, you need to know this before purchasing the property. As an owner, you need to know how to monitor and mitigate any old oil and gas well issues.

Once you provide the property location, we utilize information provided by oil and gas companies to determine if plugged and abandoned wells exist on the property. We also include any active wells that may be present and any plugged and abandoned wells and active wells within a specified perimeter of the property. If wells are identified on or around the property, we offer a more detailed second report on these wells.

Follow us on Facebook, Linkedin, and Twitter for up-to-date news and articles regarding plugged and abandoned wells, orphaned wells, gathering lines, drilling waste, and production waste.

wellfacts-logo-jpg-1667244707.jpg
Report 1
This report lists plugged and abandoned wells on a property and within a selected perimeter of the property. This report also provides information on gathering lines on or around the property and potential risks. Home buyers can use this report to screen properties before purchasing the home saving themselves from future risk and financial loss. Homeowners can use this report to determine if they have any old oil and gas issues.
wellfacts-logo-jpg-1667244707.jpg
Report 2
This second report provides detailed information on the identified wells in Report 1 including well drilling information, well construction information, plugging information, old pit information, and the likelihood of gathering lines. This report also provides information on possible mitigation methods for the risks identified. This report is especially beneficial for homeowners and landowners.

We gather, analyze, and produce high-resolution, actionable data on wastes generated by oil and gas companies. We do this through detailed research using our subject matter expertise and knowledge of federal, state, and local regulations, and our proprietary and consistent data collection methodology. We then apply our operational expertise and technical experience to estimate the cost and liability associated with waste practices. We developed our proprietary FEER Rating™ system in order to rate companies based on financial and environmental metrics associated with their waste management practices. We also provide analytical services for insight into companies' past and current practices.

Volume and Management Data
High-resolution waste data consisting of the volume of drilling waste generated, reported by company, time period (quarterly), state, waste type, and management method.
Estimated Environmental Liability (EEL)
Estimated environmental liability in U.S. dollars, reported by company and calendar quarter. Includes data for number of wells drilled and surface acres impacted.
FEER RATING™
Financial and environmental rating reported by company and calendar year. Includes total waste volume reported by company and disposal method.

We are a data and analytics company focused on providing high-resolution, high-quality data and risk information to property buyers and owners, governments, and the financial sector. Using our extensive subject matter expertise, we identify plugged and abandoned wells and their old infrastructure for property owners. We also identify material environmental factors on oil and gas companies and review their current and past operations and practices in order to identify key risks and predict future returns. Our proprietary data collection methodologies capture relevant information and structures it into useful data. We maintain relationships with appropriate technical experts and regulatory agencies and take an academic approach to materiality assessment which is based on our deep understanding of the U.S. oil and gas and environmental regulatory framework.

Learn More About Waste Analytics