Corporate Financial Analysis

WellWorth has put together a much needed product for the upstream Oil & Gas space. WellWorth fills the gap perfectly between ARIES and Excel. It takes the black box that ARIES can be for finance teams and seamlessly puts it into a well thought out financial model that easily allows for scenario changes, input changes, and returns analysis. The interface is intuitive and the uploading/input features have great front end data validation that save you from making a mistake. Lastly, the team at WellWorth continues to impress me with their responsiveness to questions and help with the product as well as their energy and thoughtfulness to improve their product. We have been pleased with both the product and the WellWorth team.

WellWorth has significantly streamlined our financial modeling and portfolio management processes. Engineering data inputs are simple to import, outputs are easily visualized through the dashboards, and the Excel add-in export allows for seamless data sharing to third parties. With a very small team we can quickly model A&D opportunities, cash budgets, RBLs, and run multiple return scenarios with just a few clicks. The WellWorth team has been extremely responsive to our specific needs and created a product that is an integral tool for our business.

WellWorth is a very well-thought-out software and has continued to integrate itself into our organization. It gives us a way to peek into the ARIES assumptions without going back and forth with the engineering team. The WellWorth team has been extremely proactive and responsive to adjust the software to fit our workflows and deliverables. In particular, the ability to adjust development plans quickly and to see well-level forecasts / valuation data real-time is very unique and dynamic for our organization. I would highly recommend the product, particularly for an upstream company that is trying to be efficient with G&A and deliver financial partners and stakeholders with dynamic analysis.

WellWorth provides us with an advanced financial modeling and engineering solution with modern capabilities. We use it for both one-off analyses and also in our in-depth monthly forecasting workflows, taking advantage of its speed, depth, and flexibility. It allows us to streamline our financial modeling, taking in a range of inputs and different methodologies from multiple teams and then outputting back to the organization with every detail and summary we need.

After working at a public E&P and a private equity backed E&P, we experienced the struggle of complicated excel financial models. Miscommunication between teams. Engineering & Finance sending countless runs back and forth, one hand not quite sure what the other was doing behind the curtain. We dove into WellWorth for a simple, clean financial model, easy to run price and cost sensitivities. It is the ComboCurve for financial planning and corporate development. The clean visuals and excel outputs allow for better communication with our lenders and equity partners. Management is better equipped to understand working capital needs, draws & distributions.