Expertise and Service
Our Commitment
At McDaniel, we are dedicated to excellence through our unwavering attention to detail and personalized approach. This unique approach combines domain expertise and data analytics, utilizing technology with a curated dataset. We know that data without details and technology is not enough. Our commitment to detail is the cornerstone of our service, ensuring that no aspect is overlooked, and every task is executed with precision. Our approach combines big data and analytics with the fundamentals that can only come from distinguished reservoir engineers and geoscientists.
The Difference
In North America, we maintain detailed engineering evaluations and geological models on 100% of all wells in the Montney, Duvernay, Viking, Cardium, ND Bakken and SAGD plays among others. In the Montney and Duvernay specifically, our clients operate over 50% and 90% of current production respectively.
The Global Reach
Across the globe, we ensure that our service is beyond reproach and uniquely tailored to the nuances of each region. McDaniel has experience in over 80 countries, spanning all major oil and gas basins across the world. With approximately 60 experts including 30 professionals dedicated to oil and gas reserves evaluation and studies, we are distinctively positioned to provide world-class technical expertise to our clients, no matter where their location.
Our Technology
An essential element of McDaniel's advantage is our proprietary software technology, developed under the guidance of our subject matter experts. This approach has positioned McDaniel as a distinguished leader in the industry, enabling us to pioneer new standards of excellence.
RITA Our other proprietary software is the Resource Inventory Tracking Agent, “RITA”, With RITA McDaniel professionals are able to easily track and forecast well locations in three dimensions as well calculate recovery factors at the click of a button. RITA brings a new level of sophistication to oil and gas volumetrics while also improving our workflow efficiency.
Machine Learning Machine Learning has become essential to the operation of many leading oil & gas companies. This critical system has become indispensable to gather and examine large volumes of information and translate the data into actionable insights. Machine Learning gives McDaniel the ability to use more of our data, understand how our data features interact with each other, and consider their effects simultaneously. The biggest downfall of solely data-driven models is that they are bound from the data they learn from and cannot make strong extrapolative predictions. We incorporate additional engineering and geoscience expertise into our Machine Learning models by adding interpreted and engineered features with confirmed predictive power.
EVA is a next-generation analytics platform powered by McDaniel Research and tailored specifically for oil and gas to quickly derive insights that matter to energy operators, investors and advisors. Rapid access to relevant data is crucial for analytics. However, digital data can be error-prone and inconsistent, creating the risk of forming conclusions on incorrect or incomplete data. Curating a reliable data set takes time that technical experts could better spend performing analysis. Instant access to data that has been cleaned and corrected saves weeks of expensive engineering time and gives you confidence that they are forming the correct conclusions. EVA is the only cloud-based analytics platform that leverages public data, your in-house operator data, and exclusive data sets interpreted by professionals at McDaniel Research. This combination allows rapid analysis of the most complete data possible enabling better decisions around A&D, completion design and optimal field development.
The Data
In North America, we maintain detailed engineering evaluations and geological models on 100% of all wells in the Montney, Duvernay, Viking, Cardium, ND Bakken and SAGD plays among others. In the Montney and Duvernay specifically, our clients operate over 50% and 90% of current production respectively.
Public Data
Our domain expertise enables us to effectively gather and utilize public data for our proprietary McDaniel Database, ensuring comprehensive and targeted information for our technology.
Play Data
We not only evaluate our clients' wells but all wells globally, ensuring a comprehensive understanding of the entire resource play for accuracy.
Curated Data
Our curated data, manually updated by professionals, distinguishes our unique McDaniel Database, offering unparalleled insights beyond automated technologies.
As Peter Norvig, an eminent Director of Research at Google, has said,