Technology & Process
Technology-led, Relationship Driven
Zephyr’s technology led process is designed to maximize our ability to acquire small to medium sized assets in a region characterized by:
- Highly-fragmented ownership
- Asymmetric information
- Significant deal flow and A&D activity from auctions, advisors and via relationships
- The company has focused its technical capabilities so that it can screen and assess assets in a highly efficient and accurate manner
- Our DJ Basin efforts are illustrative of this effort:
- The DJ basin has been extensively drilled providing a data rich environment
- Vertical wells from the 1950’s
- Horizontal wells from 2010’s
- The DJ basin has been extensively drilled providing a data rich environment
The Assessment Process
Zephyr has developed an assessment process that integrates these data to high grade areas that can be selected for development:
- Staged triage process to rapidly target most likely productive sections. Key steps:
- Assess drilling and completion data from offset horizontal wells
- Assess vertical well data
- Assess production actuals and forecasts from offset pads
- Build geological model for the target area
- Qualitative integration of all data to assess target expected productivity (initial production and decline rates and expected ultimate recovery per well)
- Initial results show good predictability
- Potential to expand the process to a quantitative model