OIL AND GAS

Built for landmen, operators and working interest players

Turn a reserve report and a lease package into an appraisal, a lender’s credit view and a list of researched working interest buyers in hours, not weeks.

Most oil and gas deals still move through personal networks and hand built decks. O puts a funder’s discipline behind your numbers and searches 1,900+ funders and buyers for those whose stated mandate covers your deal, so you reach players outside your usual contacts.

Landmen: turn a package of leases or a prospect into a high quality NAPE type teaser, or an integrated proposal and appraisal.
Operators: prepare a credible sell side or JV package, including stranded gas to compute or self power options, and see how a funder or working interest player would underwrite it before you send it.
Working interest buyers and small funds: screen incoming deals against your mandate and see real documentation instead of one page flyers, with access to the data room once the asset owner, landman or broker invites you.
WHO USES O HERE
Landman
Turn a package of leases or a prospect into a clean teaser and appraisal, then conduct research to find buyers and working interest players beyond your own network.
Operator or small independent
Prepare a sell side, farm in or financing package, see how a funder would underwrite it, and find out what to fix before you send it.
Working interest buyer
Receive the teaser, full proposal and cashflow plus a comprehensive pack when an owner or broker invites you, and screen deals against your own criteria.
Royalty and minerals owner
Put a value and a teaser on a royalty package and research the specialist buyers who buy them.
Gas owner with stranded or flared gas
Test whether the gas can power a compute site, or compare self generated power with diesel, before anyone spends on a feasibility study.
Lithium and critical minerals explorer
Use the desktop lithium view and the critical minerals decision tree to decide whether a project deserves the next dollar.
Reserve based and mezzanine lender
See the deal as a credit committee would, with the debt cover, units and per barrel economics laid out the same way each time.
HOW O MODELS OIL AND GAS

Built around how a reserves lender reads a deal

You start by choosing what you actually have: a producing asset, a drill ready or development programme, an exploration prospect, a shut in field, a mineral or royalty interest, or midstream. Each type has its own model, so a royalty stream is not forced through a drilling template.

Working interest and net revenue interest
Costs fall on the working interest and revenue on the net revenue interest, the way the joint operating agreement works, so the economics are not overstated.
Decline and economic limit
Each well starts at its initial rate, falls by a first year decline, then by a terminal decline. Production stops in the first year operating income would turn negative, and the abandonment cost is booked once, in that last year.
Realised prices
Prices are taken after differentials, and the gas differential reflects whether the stream is liquids rich or dry. Pricing can be overridden with your own deck.
Debt sized the way a reserves lender does it
The facility is the lower of an advance rate on the discounted reserve value (PV10) and the debt the base case cashflow can service at the target cover. A stress case holds hedged volumes at the base price and drops the unhedged volumes to a stress deck.
Exploration, minerals and midstream
An exploration prospect is valued on its P50 resource with the well cost paid whether or not the well succeeds. A mineral interest is a depleting royalty stream with no costs. Midstream is fee income over the contract with debt sized on cost and repaid over the term.
Plain facts, no verdicts
The appraisal shows figures as facts and does not colour them red or green. The viability check reports separately, and every line of the credit summary can be overtyped.
INDUSTRY DEFAULTS

Start from sensible numbers, then make them yours

O pre populates geography presets, price assumptions, differentials, decline rates and cost assumptions so you can reach a first answer quickly. Inputs about your own project are shown in gold, industry defaults in grey, and anything you have changed in green, so you and a funder can always see which numbers are yours.

BUILT FOR THIS SECTOR
Oil and gas appraisal with debt cover, units and per barrel economics
Stranded gas to compute and stranded gas to self power
Oil and gas teaser builder for farm ins, sales and working interest deals
Desktop lithium brine view and a critical minerals decision tree
Viability check that tells you if the deal works before a funder does
DEALS O HANDLES HERE
Selling or farming out a working interest
Exploration prospects raising equity or farm in participation
Reserve based or mezzanine debt for a producing field
Refinancing existing oil and gas debt
Flared or stranded gas turned into power for compute
Royalty and minerals packages for specialist buyers
See pricing for oil and gas