Proof you can bank on.
Closing the gap between what you produce and what you can raise. Wellproof turns daily production readings into a reconciled record, with every change on file, that lenders and partners can check for themselves.
The problem
Good fields, stalled funding.
Oil changes hands several times between the well and the export terminal, and a little is lost at every step. Some loss is normal. Loss nobody can explain looks like theft, faulty meters, or bad bookkeeping, and that is where funding conversations stall.
Operators can't prove their numbers
Production lives in spreadsheets and daily reports that are easy to question and hard to verify, so every investor starts from zero.
Lenders can't see what happens
Without a trusted record, diligence takes months and gaps found later look like bad faith, even when they have ordinary causes.
Nobody sits in the middle
There is no shared record both sides accept, so the same questions get asked in every pitch.
How it works
One record, from wellhead to terminal.
1Log daily readings
The operator records volumes at each measurement point: wellhead, flow station, trunk line injection, terminal.
2Reconcile every handoff
Wellproof compares each step with its expected loss range and flags anything outside it, or anything missing, the day it happens.
3Explain every flag
The operator explains each flag. Explanations stay on the record for good, next to the numbers they explain.
4Share a trust score
The operator gives lenders read-only access to a record with a trust score whose formula is shown on screen.
Why it can be trusted
Built so the history can't be quietly rewritten.
These rules are enforced by the database itself, not just by the app's screens.
Nothing is overwritten
A correction is saved as a new version with a reason. The original number stays on file, with who entered it and when.
Every change is logged
Readings, corrections, explanations, and access changes are written to an audit log that can't be edited.
The score shows its working
40 × completeness + 60 × steps within range − 5 per unexplained flag. Every viewer sees the formula and the numbers that went into it.
The operator controls access
Lenders see only the fields an operator shares with them, and access can be revoked at any time.
Where we're headed
From self-reported to independently verified.
Today
WorkingOperator-entered readings, automatic reconciliation and flags, permanent explanations, and a lender view with the trust score.
Next
PlannedIndependent figures alongside the operator's own: terminal receipts and pipeline allocation statements, so the record can be checked against a second source.
Later
ExploringReadings direct from licensed metering partners, then gas, power, and other producing regions.
Pilot program
We're opening a free pilot.
We're looking for a small group of early partners to shape the product with us.