Mineral Rights and Royalties: Peregrine Energy Keeps Winning

“Within about 5 minutes of the ComboCurve demo, I was like, holy cow – OK, this is the missing piece from all the other products that I was looking at.”

– CJ Tibbs, Founder, Peregrine Energy Partners

Struggles with Context and Cohesion in Reporting for Peregrine

Justifying and explaining proposed figures to stakeholders was a significant challenge for Peregrine. Reports often lacked context, resulting in limited understanding and slower decision-making among acquisition teams. Aligning business needs with technical outputs was difficult, leading to inconsistent outcomes. Teams needed a solution that allowed interactive analysis and real-time adjustments. This helps to fully grasp the financial logic and assumptions behind data. 

ComboCurve addressed these challenges, checking a lot of boxes and streamlining Peregrine’s workflow and decision-making process. 

Bridging Data and Decision-Making

With his background in software and IT consulting, CJ recognized the value of oil and gas software that could unify workflows and departments within Peregrine. ComboCurve integrates data and financial insights in a single platform for quick, informed decisions, enabling fast action on new opportunities.  

“Right out of the gate, what I saw with ComboCurve was that it was the liaison between the business and financial users and the technical team doing the reservoir engineering.”

– CJ Tibbs, Founder, Peregrine Energy Partners

Centralized data from ARIES and PHDwin streamlines auditing and analysis, making automated asset tracking [management?] essential for real-time insights. CJ highlights the importance of setting up APIs to import data, emphasizing, “We should be able to track our assets, keep them updated, and ensure they remain constantly refreshed.” 

Rapid Modeling and Scenario Adjustments

ComboCurve’s modeling capabilities have drastically cut down the time needed to create and adjust economic scenarios. “Instead of taking a couple of days or, or even a day, I mean, we could do it in minutes,” CJ notes. This speed allowed the team to showcase multiple forecast cases—low, medium, and high—and adjust pricing or inputs in real-time based on feedback. This agility was crucial for evaluating acquisitions and hitting the mark on accurate data-driven investment decisions on tight timelines. 

Improved Reporting Reinforcing Stakeholder Confidence 

Reporting to the acquisition team [partners? Leadership?] was difficult due to the lack of context behind the proposed figures. Prior to adopting ComboCurve, reports were presented without a clear explanation of the reasoning behind the proposed prices. “With ComboCurve, I can throw it up on the TV in the conference room and quickly walk them through the curves, pricing, and potential pitfalls,” CJ shares. The platform’s configurable reports and user-friendly format made data easier to digest, allowing teams to tailor information for clarity. This turned decision-making from a speculative process into a data-driven one, providing better economic insights for strategic capital deployment, reducing resistance, and aligning stakeholders.  

“They actually have a clearer understanding of the asset which means that I no longer need to convince them why it’s worth what it is. I can arm myself with the ‘why’ behind what I’m proposing.”

– CJ Tibbs, Founder, Peregrine Energy Partners

Responsive Support and Customer-Driven Innovation

ComboCurve’s support team is known for its quick, hands-on assistance, ensuring operations run smoothly even during critical projects. CJ noted, “The speed at which someone is on a Zoom call or responding to emails—I can’t think of another product like it.” Having real-time access to technical assistance, especially during urgent data conversions, keeps Peregrine’s workflows uninterrupted. Additionally, ComboCurve’s commitment to customer feedback shapes its product roadmap, aligning updates with user needs. Additionally, ComboCurve’s focus on customer feedback actively drives its product roadmap, aligning development with user needs.  

For Peregrine Energy, ComboCurve is an essential part of their strategic toolkit. It enables faster, more transparent investment decisions that align with their long-term goals. The platform has checked a lot of boxes for Peregrine. Mainly by supporting efficient asset management and helping the team remain proactive in the competitive mineral space.