At WellDatabase, we’re always looking for ways to make oil & gas data more actionable and insightful. One of our latest enhancements—the Parent Company feature—helps you navigate complex ownership structures, giving you a clearer picture of operators and their assets.
Why Parent Company Matters
Understanding operators in the oil and gas industry can be tricky. Companies change hands, acquisitions happen, and many operators continue working under their original names long after they’ve been bought out. This can make it difficult to track true ownership and analyze company-wide performance. That’s where our new Parent Company feature comes in.
With this update, WellDatabase now connects multiple operators under their respective parent companies, giving users a more accurate and streamlined way to analyze data.
Key Features & Benefits
🔷 Parent Company Filter
A new filter allows you to search for and analyze companies at the parent level, instead of just by operator names. No more guessing which entities belong to which corporate group!
🔷 Color By & Grouping Options
Within your mapping and analytics, you can now color by parent company and group data accordingly. This eliminates duplicate entries for the same company operating under different names.
🔷 Comprehensive Ownership Visibility
When you switch to Parent Company mode, you’ll see all assets consolidated under their true owner. For example, rather than seeing Anadarko and Oxy listed separately, the system now links them under Oxy’s parent entity.
🔷 Acquisition Awareness
Our internal acquisition database tracks completed acquisitions, automatically updating company groupings as transactions close. This means you get the most up-to-date view of company holdings.
How This Helps You
✅ M&A Insights – Quickly evaluate acquisition impacts by seeing how assets are distributed across a parent company.
✅ Better Competitor Analysis – Gain a more accurate view of who controls which assets in your market.
✅ Streamlined Reporting – No more manually merging different operator names to get a complete company-wide production overview.
✅ Customizable Analytics – Use Parent Company as a key dimension in your type curve analysis and production reporting.
Watch the Feature in Action
Want to see how it works? Check out our latest video where John Farrell walks through the Parent Company feature, showing you exactly how to use it to enhance your analytics and mapping workflows.
Stay tuned for more updates as we continue making WellDatabase the best platform for oil & gas intelligence. If you have any questions or feature requests, don’t hesitate to reach out!