Oil and gas owners: start at BlackGoldData.com

Guide By Dan Smedstad · · 2 min read

If you run an oil and gas company, you don’t have to start from a generic industry list. Dan Smedstad, who operates BidMyData, also runs BlackGoldData.com, a separate site written for operators, mineral and royalty businesses, energy accounting and title-opinion firms.

Both sites introduce an owner to a third-party fit check. Neither buys your records or your company. BidMyData may receive a referral commission if a company introduced through this site completes a qualifying transaction.

Why oil and gas gets its own page

Oil and gas work is documented across daily reports, AFEs, field tickets, dispatch, maintenance, safety and regulatory workflows. Companies in this industry often have far more people in the field than at a desk. Office, engineering, dispatch and field-office staff are where that documented work lives. Contractors in your company’s email and software may count too, depending on the provider. Rig hands and field crews who don’t work in your systems aren’t the desk team.

Rights need extra care as well. Working-interest partners and joint operating agreements can put confidentiality terms on shared well data. Seismic and other licensed data belongs to its licensor. Records about an operator’s well may belong to the operator under a drilling contract or master service agreement. None of that automatically rules a company out; the provider’s review sorts out what your company has the right to license.

Company-owned work, not a vendor’s dataset

A map layer, annotation or spatial analysis your own GIS team created can be company-owned work. A licensed base map or a purchased well dataset underneath it belongs to its vendor and isn’t automatically included. The same idea applies to EDR feeds and other third-party data sitting in a vendor’s system.

Where to go next

  • BlackGoldData.com — Dan’s site written just for oil and gas owners and land firms
  • BidMyData’s oil and gas page — operators, drilling, oilfield services, midstream and land, including who counts as the desk team
  • The readiness check — a browser-only pass that doesn’t decide anything
  • The fit check — when you’re ready to describe the company to the provider

No files are collected on this site, and we never ask for passwords.

What it could be worth

This site won’t estimate yours. Your company’s data could be worth $100,000 to $5 million. As cited by Mode. Potential range cited in Mode marketing materials. Not a valuation, estimate or guarantee for any company. Many companies may not qualify or may receive less. Any offer depends on partner review and a written agreement.

If you want the generic walkthrough first, start with How AI data licensing works.

AI data licensing Oil and gas