I’ve always thought of AFE Leaks as a platform for alternative oil & gas data, built to help you make better investment decisions, no matter how you interpret the results.
In practice, that means a few things:
It’s raw when you want it raw. You can dig into the same AFEs and cost breakdowns the operators file — line by line, well by well.
It’s benchmarked when you need context. Use it to see how drill & complete costs compare basin to basin, or how much proppant your peers really pump.
Product revenues and GPT costs by lease to help model well economics.
And now — it’s connected to company financials straight from the SEC.
🗂️ What’s new?
We just launched Upstream/Service Company SEC XBRL financial data (10-Ks/10-Qs/S-1s/etc) for Premium/API subscribers, available in two ways:
1️⃣ An interactive “Company Financials” app: Filter by company, period, form type, statement, and table. Drill down with dimensions like units, decimals, or quarters, or sub-component data (think grabbing Diamondback’s NGL Revenues for the Delaware Basin). Then export straight to CSV or clipboard for your own modeling.
2️⃣ Direct API access: If you’re more of a builder, you can pull full XBRL tables and tags — balance sheets, cash flow, segment disclosures, you name it — and blend them into your own analysis or dashboards.
Why does this matter?
The SEC dataset lets you tie financials to well-level costs and operations, all in one place. Use it to:
✅ Easily benchmark various metrics over time or company-to-company
✅ Cross-check your D&C assumptions against real CAPEX
✅ Benchmark your estimates vs. what actually hits the books
✅ Three statement financial analysis if that is your purview
How to get started
🔗 Explore the new Financials app: Company Financials
🔑 Read the API docs: API Documentation
🔒 Not on Premium/API yet? Upgrade here
As always — if you’ve got ideas for how to make this more useful for your work, reach out to me at bd@afleaks.com