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Quantum Capital Group

CUSTOMER
STORY

Scaling Deal Evaluation With Data Intelligence

3x

Annual increase in deals evaluated

1.5 billion

Records reconciled into a governed golden dataset

60%

Reduction in Python codebase complexity

Product descriptions:

Databricks  |  Tiger Analytics

Founded in 1998, Quantum Capital Group (QCG) is a leading global energy-focused private capital franchise that has stewarded over $30 billion in capital since their inception. Through a data-driven approach and vast industry expertise, Quantum is setting the standard for energy excellence.

Reconciling Fragmented Data into a Usable, Trusted Dataset for Deal Evaluation

Despite QCG’s digital maturity and cloud-first strategy, certain legacy processes for asset deals were manual and fragmented. Data from six external vendors, along with internal sources, arrived in inconsistent formats and often contained conflicting values. Analysts spent significant time reconciling records and validating accuracy, slowing the asset evaluation process and constraining deal evaluation throughput.

Compounding the bottleneck was the human-and-application-in-the-loop approach used by a variety of engineering disciplines, each executing a step of the diligence process in different applications, passing datasets as files or through central SQL databases between engineering disciplines. Lakeflow Jobs, such as decline curve analysis, inventory estimation, and capital cost modeling, relied heavily on manual interventions and isolated tools, making repeatability and scalability difficult. Initial attempts to automate a solution resulted in 250 Python notebooks maintained separately, further compounding inefficiency and undermining trust in the system.

Building a Modern Data Foundation on Databricks

To address these challenges, QCG partnered with Tiger Analytics to design and deliver an end-to-end automated asset intelligence platform built entirely on the Databricks Data Intelligence Platform. The engagement began with a foundational modernization program, which established the governed data backbone needed to enable scale, reliability, and evergreen analytics. More than 50 complex workflows were migrated into Databricks Unity Catalog, providing QCG with a single system of record that offers unified governance, security, lineage, and discovery across environments. This eliminated the risk of conflicting vendor data, allowing analysts to operate with a reliable, enriched, analytics-ready golden source of truth.

Legacy orchestration tools were replaced with Databricks workflows, providing a scalable and resilient execution environment. What had previously been over 250 fragmented Python notebooks was re-engineered into 25 consolidated workflows, resulting in a reduction of approximately 60% in the Python codebase. This simplified maintenance delivered faster runtime performance and improved job recoverability. The new architecture was designed around a Delta Lake-layered approach, with Bronze, Silver, and Gold layers handling ingestion, processing, and curation. QCG now ingests more than 1.5 billion records daily from six external vendors and internal sources.

Through incremental updates and federated access governed by Unity Catalog, the platform has applied over 125 validation, cleaning, and survivorship rules to reconcile inconsistencies across datasets. Ten proprietary enrichment algorithms were embedded to derive differentiated insights, transforming the raw records into approximately 600 million enriched records covering the U.S. and Canada. These datasets provide evergreen intelligence ranging from geological patterns to cost and economic metrics, leveraging Spark and the distributed computing available within the Databricks ecosystem to enable cost-efficient and fast computations. Together, this approach forms the foundational dataset, serving as the golden source for asset and deal evaluation.

The platform quickly proved its value when one evaluation alone brought together 2,800 oil and gas wells, 29 auto-generated performance curves, 15 counties, more than 40 operators, and over 750,000 gross acres of land into a single analytical dataset, a task that previously would not have been possible given the complexity of completing the deal diligence rigor and financial modeling within the bid deadline.

Data Intelligence as a Competitive Advantage

With a scalable Data Intelligence Platform and a reliable golden dataset, the team focused on leveraging the dataset to scale the business and enhance QCG’s competitive advantage. QCG and Tiger Analytics designed and built the Quantum Basin Intelligence (QBI) application, a modular system that automated the end-to-end basin characterization process.

Inventory estimation was addressed by incorporating geospatial analysis libraries into Databricks, enabling automated creation of well sticks in Delta Lake and supporting risk-adjusted inventory calculations at the basin scale. Capital cost modeling was powered by multivariate analysis algorithms trained and executed inside Databricks, with model management supported through MLflow. Geologically similar areas, which were once slow to define and prone to bias, were now determined by unsupervised clustering algorithms executed in Databricks Notebooks. These workflows collectively contributed to per-well economics, which were then aggregated into financial outputs used as one of the many inputs that go into the deal evaluation process.

From a business perspective, QCG has experienced a nearly threefold increase in the number of annual deals evaluated since 2020. Operationally, cycle times for core analysis tasks were reduced significantly. Initial deal screening could now be executed in hours rather than weeks. Evergreen analytics replaced static reporting, enabling teams to continuously quantify and characterize remaining inventory across key basins.

Platform adoption has been strong, with the system handling approximately 10,500 unique data queries per month across Spotfire, Power BI, and Python interfaces. At the same time, the role of QCG’s technical team has been elevated. With manual reconciliations and repetitive tasks eliminated, the team can focus on the technical evaluation and deal diligence process, using the Databricks Data Intelligence Platform.

Quantum Capital Group Disclaimer

This blog is for informational purposes only and should not be construed as legal, tax, accounting, business, finance, investment, or other advice or as an offer to sell or a solicitation of an offer to buy any securities and may not be used or relied upon in connection with any such offer or sale of securities. Certain information and data have been provided by these third-party entities and were not independently verified by Quantum. While such information is believed to be reliable, no representation or warranty is made regarding its accuracy, completeness, or timeliness. The opinions and views expressed herein reflect those of the author as of the date of publication and not necessarily any other person with whom the presenter is associated and may be subject to change without notice. Any forward-looking statements contained in this blog are based on assumptions the author believes to be reasonable as of the date of publication. Actual events or results or actual performance may differ materially from those reflected or contemplated in such forward-looking statements due to various risks and uncertainties. No assurance, representation or warranty is made that any of such forward-looking statements will be achieved, and no person should rely on such statements.