Minerals and Royalties

Mineral acquisitions are fiercely competitive and demand timely action - if you want to get the best deals. Unlike non-op opportunities or overrides, where you have a few days to send in your deals, the energy industry has reached a point where fast action is crucial and not just beneficial for mineral acquisitions. Not to mention that even with rapid bid submissions, the acceptance rate can be low with only about 10% of submitted bids resulting in successful deals.

The prospect of laborious setups and manual data loading is not only time-consuming, it’s also error-prone, potentially leading to costly inefficiencies in mineral evalutaions. For Faulconer Energy LLC, a private E&P operator headquartered in Tyler, Texas, ComboCurve emerged as an obvious, transformative solution that could redefine their workflows.

Garrett Chunn spends multiple hours a day analyzing data in his role as Juniper Capital's Senior Vice President. As a private equity firm that analyzes A&D opportunities as well as the productive potential of existing company assets, Garrett not only analyzes reserves, measures how forecasts meet reality, and runs multiple forecasting and economic models—he also needs a seamless way to share that data.

Not everyone needs the same information when analyzing oil and gas assets and reserves. One size won’t fit all in a world where reserves auditors need specific data in their reporting, and that same report won’t help executives or asset engineers get clear insights into how to optimize operations in the field.

CJ Tibbs founded Peregrine Energy LLC in 2013 to focus on acquiring minerals and royalties. Based in Dallas, Texas, the company has since spread its wings with an additional office in Denver, Colorado. In less than a decade, Peregrine Energy has grown its influence thanks to its balance of industry experience and tech-driven innovation.