Hello,
I use it for two primary reasons.
(a) I download the excel file with the wells in it. I recently purchased Pop’s, and I’ve created a python script that takes the mineralIQ excel file and puts it into a Pop’s import format. This is a one time effort; but I gather some folks may have use for having their wells in a spreadsheet for other reasons. (b) I use the mapping. It’s only available on a section level (not smaller), so not perfect. I use this so I can make sure that all acreage that has a well on it is in pay.
IQ+ does some other stuff as well in terms of economics and valuation; but I’m not sure what I think about that. in my case (or my father’s to be more specific…); the valuation reflects 5.5X CF. Given how mature and close to end of life my father’s wells are, this seems high. I doubt we could get more than 3x CF were he to sell. I’d take their valuation as a starting point; but I wouldn’t make any buy / sell decisions with the information.
my 2 cents. happy to answer any questions.
David