Terms of Service

These terms govern your use of tessera-analytics.ai (the "Site") and of Tessera Quest and the other Tessera products and services (together, the "Services") provided by Tessera Analytics AI ("Tessera", "we", "us"). By using the Site, creating an account or subscribing to a plan, you agree to these terms. If you use the Services on behalf of a company, you agree on that company's behalf and confirm that you have the authority to do so. If you do not agree, do not use the Site or the Services.

1. How these terms fit with other agreements

The Services are offered to businesses and professionals, not to consumers. Tessera Quest subscriptions are governed by these terms together with the order we confirm with you (plan, number of users, price and start date). The Tessera AI Engine, Tessera Data licenses and Enterprise plans are provided under a separate signed agreement. Where a signed agreement between you and Tessera covers the same subject, the signed agreement controls. Our Privacy Policy explains how we handle personal information.

2. Accounts and users

• Each plan includes a set number of users. Each user must be a named individual in your organization with their own sign-in. Sign-ins may not be shared.
• You may reassign a seat when a person changes role or leaves, but not to rotate access among more people than your plan allows.
• You are responsible for what your users do in the Services, for keeping their credentials secure, and for the accuracy of the account information you give us.
• Tell us promptly at [email protected] if you believe an account has been used without authorization.

3. Tessera Quest subscriptions

Plans and term

Quest plans and prices are published on our pricing page. A subscription runs for twelve months from the start date in your order. Unless your order says otherwise, it renews for further twelve-month terms unless either of us gives written notice of non-renewal at least 30 days before the current term ends.

Fees and payment

• Plans are billed annually in advance in U.S. dollars. Monthly prices shown on the Site are the annual price divided by twelve.
• Invoices are due within 30 days of the invoice date unless your order states otherwise. We may suspend access if an invoice remains unpaid after a written reminder.
• Fees do not include taxes. You are responsible for sales, use, withholding and similar taxes, other than taxes on Tessera's income.
• We may change prices for a renewal term. We will tell you at least 60 days before the renewal date, and the new price applies only from that renewal.

Changing plans

You may move to a larger plan or add users at any time. The additional fee is prorated for the rest of the current term. A move to a smaller plan takes effect at the next renewal.

Cancellation and refunds

You may cancel at any time by writing to us, and the subscription then ends at the close of the current term. Fees already paid are not refundable, except that we will refund the unused, prepaid portion of the term if we end your subscription without cause, or if you end it because we materially breached these terms and did not cure the breach within 30 days of your written notice.

Founding customer offer

The founding customer offer is available to the first 20 Quest customers on the Team plan, at the price shown on the pricing page at the time of your order. It is limited to one subscription per company and is confirmed only when we accept your order.

Upgrade credit

If you sign an agreement for the Tessera AI Engine within twelve months of your Quest start date, the Quest fees you paid in that period are credited in full against the AI Engine fees. The credit has no cash value and cannot be transferred.

4. What you may do with the Services

Subject to these terms and payment of the fees, we grant you a non-exclusive, non-transferable right for your users to access the Services during the subscription term for your internal business purposes. That includes:

• Searching, mapping, analyzing and benchmarking the wells, operators and acreage the Services cover.
• Exporting data, charts and maps for analysis, within the export allowance for your plan.
• Using exports and results in your own internal work, and in reports, presentations and deal materials you share with your investors, lenders, partners and counterparties in the ordinary course of business, with Tessera credited as the source.

5. What you may not do

• Resell, sublicense, publish or redistribute Tessera data or exports as a dataset, data feed or data product, or make them available to third parties other than as allowed in section 4.
• Use scripts, scrapers, bots or other automated means to extract data, or export in a systematic way intended to copy a substantial part of the database. Scheduled feeds, API access and direct database connections are licensed separately through Tessera Data.
• Use the Services or their output to build or improve a product or dataset that competes with Tessera.
• Share sign-ins, exceed the number of users in your plan, or let anyone outside your organization use your account.
• Reverse engineer, decompile or attempt to discover the source code, models or methods behind the Services, except where the law does not allow this restriction.
• Probe, disrupt or bypass the security or access controls of the Services, or use them in a way that breaks the law.
• Remove or obscure Tessera's notices or attribution.

6. Ownership

Tessera and its licensors own the Site, the Services, the software, the models, the derived attributes and the compilation, structure and presentation of the data, along with all related intellectual property rights. The underlying public records remain public. These terms give you a right to use the Services, not ownership of them. The Tessera name and logo may not be used without our written permission, other than to credit Tessera as a source.

If you send us suggestions or feedback, we may use them without restriction or payment.

7. Your data

You keep all rights in the data, polygons, well lists, cases and other content you upload or create in the Services ("Customer Data"). You give us permission to host and process Customer Data only to provide the Services to you. Customer Data is visible only to the users your organization authorizes, is not shared with other customers, and is not used to train models offered to other customers. You confirm that you have the right to upload the Customer Data you provide.

8. Confidentiality

Each of us will keep the other's non-public business and technical information confidential, use it only to perform under these terms, and protect it with reasonable care. This does not apply to information that is public, already known, independently developed, or required to be disclosed by law.

9. Data sources and no professional advice

Tessera's datasets are built from records published by state, provincial and national regulators and other public sources, combined with Tessera's own processing and derived attributes. Public records can be late, incomplete or wrong, and our processing, estimates, forecasts and model outputs involve judgment and uncertainty. The Site and the Services are tools for analysis. They are not engineering, geological, reserves, legal, tax, accounting or investment advice, and they are not a substitute for your own professional judgment and due diligence. You are responsible for the decisions you make using them.

10. Availability, changes and beta features

We work to keep the Services available and the data current, but we do not promise uninterrupted service, and we may carry out maintenance from time to time. We may add, change or remove features, and data coverage may change as sources change. We will not materially reduce the core functionality of a paid plan during a subscription term. Features marked beta or preview are provided for evaluation, may change or be withdrawn, and are provided as is.

11. Disclaimer of warranties

Except as expressly stated in these terms, the Site and the Services are provided "as is" and "as available". To the fullest extent permitted by law, Tessera disclaims all warranties, express or implied, including implied warranties of merchantability, fitness for a particular purpose, title and non-infringement, and any warranty that the data, estimates or forecasts are accurate, complete or current.

12. Limitation of liability

To the fullest extent permitted by law, neither of us is liable to the other for indirect, incidental, special, consequential or punitive damages, or for lost profits, lost revenue, lost business opportunities or trading, investment or drilling losses, even if advised that they were possible. Tessera's total liability arising out of or relating to these terms, the Site or the Services is limited to the fees you paid to Tessera for the Services in the twelve months before the event giving rise to the claim, or 100 U.S. dollars if you have paid no fees. These limits do not apply to your obligation to pay fees, to your breach of section 5, or to liability that cannot be limited by law.

13. Indemnity

You will defend and indemnify Tessera against third-party claims, and the related costs and damages, that arise from your Customer Data or from your use of the Services in breach of these terms.

14. Suspension and termination

• We may suspend access if fees are overdue, if your use threatens the security or operation of the Services, or if you breach section 5. Where practical, we will give notice and a chance to fix the problem first.
• Either of us may end a subscription if the other materially breaches these terms and does not cure the breach within 30 days of written notice.
• When a subscription ends, your right to access the Services ends. Exports made during the term may continue to be used internally under section 4 and remain subject to section 5. On request made within 30 days after the end of the term, we will make your Customer Data available for export, and we will then delete it within a reasonable time, except where the law requires us to keep it.
• Sections 5, 6, 8, 9, 11, 12, 13, 15 and 17 continue after these terms end.

15. Governing law and disputes

These terms are governed by the laws of the State of Texas, without regard to its conflict of laws rules. The state and federal courts located in Harris County, Texas have exclusive jurisdiction over any dispute arising out of or relating to these terms, the Site or the Services, and each of us consents to that venue. Either of us may seek an injunction in any court to protect its intellectual property or confidential information.

16. Changes to these terms

We may update these terms from time to time. The date at the top shows when they last changed. For paid subscriptions, a material change takes effect at your next renewal unless you accept it sooner or the change is required by law, and we will tell account holders about it by email or in the Services. Continued use of the Site after a change means you accept the updated terms.

17. General

• Entire agreement. These terms, your order and any signed agreement between us are the whole agreement about their subject and replace earlier discussions. Terms printed on a purchase order do not apply.
• Assignment. Neither of us may assign these terms without the other's written consent, except to a successor in a merger, acquisition or sale of substantially all of its business.
• Severability and waiver. If part of these terms cannot be enforced, the rest stays in effect. Not enforcing a right is not a waiver of it.
• Events outside our control. Neither of us is liable for a delay or failure caused by events beyond its reasonable control, other than an obligation to pay fees.
• Trade compliance. You will comply with the export control and sanctions laws that apply to your use of the Services.
• Notices. We send notices to the email address on your account. Send notices to us at the address below.
• Third-party links. The Site may link to sites we do not control, such as LinkedIn. We are not responsible for them.

18. Contact

Tessera Analytics AI
Houston, Texas, United States
[email protected]