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Abstract

A method and system for estimating production of an energy commodity for a selected producer includes the steps of: identifying a producer-associated region, including an identification of transaction points within the producer-associated region; storing transfer datasets associated with the identified transaction points, such as natural gas pipeline nominations or crude oil transfer datasets, in a database; choosing a subset of transfer datasets from the database; determining an aggregated value for overall production activity from the subset of transfer datasets; and correlating the aggregated value for overall production activity against historical production data to establish a model for estimating production of the energy commodity by the producer. When transfer datasets are subsequently received, those transfer datasets are input into the model to estimate production of the energy commodity by the producer. The estimated production of the energy commodity by the producer is then reported to a market participant.

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