Access to trusted data (and considerable amounts of it).Those with experience in well licensing and regulatory compliance understand the equal balance between two core principles needed in licensing applications: They need to ensure the data they provide both fits the needs of regulators and meets the assumptions built into their application. Applicants need to show that the necessary data has been vetted and validated against their application. An assessment based on a regurgitation of public data won’t cut it. However, while data is a critical component to the pre-licensing and drilling planning process, just as critical is the validation and interpretation of that data.įor compliance, regulators demand an accurate, credible review of a prospective drill. Whether you gather that data manually or have it provided from a service, the pre-licensing application process demands that operators rely on several sources of historical records for their assessments, such as gas analyses, pressure tests, leak-off tests, historical casing depths, and field kick rates. To complete the applications necessary for regulatory approval of new drills (such as Directive 056 and Directive 008), it is essential to have the correct data. AER Technologies, Inc., established in 1947, takes pride in being the preeminent supplier for automotive electronics remanufacturing and reverse logistics in the United States. If you’d like Word to the Wise delivered directly to your inbox, subscribe here. Consumer Services California, United States 130 Employees.
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