Save Months of Time With Enverus’ Analytics-Ready Well Log Suite
At Enverus, we continue to invest in both the quantity and quality of our data sets. Specifically, we consistently build our well log data set through acquisitions, public scraping and digitization. Due to the variety of sources and the constant influx of data, we developed a scaled, repeatable approach to create an analytics-ready well log […]
Four Forces of the Energy Evolution
The Energy Transformation is a hot topic (pun intended), that much is settled. Here at Enverus, we say “Energy Evolution” rather than “Energy Transformation.” Why? Transformation has a certain connotation that makes it sound like it can happen overnight or quickly. An Evolution takes place over a longer period and requires the right conditions to be in place. There […]
Preparing For the Perfect Storm: Extreme Oil Price Volatility Is Coming
Calgary, Alberta (February 28, 2022) — Enverus Intelligence Research, a subsidiary of Enverus, the leading global energy data analytics and SaaS technology company, has released its latest PetroLogic report, The Perfect Storm, which assesses the impacts of Russia’s invasion of Ukraine, OPEC’s failure to achieve output goals and slower-than-expected supply additions in the U.S. is […]
ERCOT Volatility: How Are the ORDC Changes Impacting the Market?
As Real-Time prices surged yesterday, ERCOT Market Participants had a graphic illustration of how changes to the market — that the Public Utilities Commission of Texas (PUCT) directed ERCOT to have in place by Jan. 1 of this year — will affect future prices. Cold weather brought robust, but not extreme demand to our forecast. […]
The Vaca Muerta Comes of Age
For many years, my favorite thing from Argentina was a fossil I found near Tucunuco in 1986 while doing geologic field work. We were jouncing across the desert in a mid-1950s Jeep affectionately named La Tortuga, when I glanced down at the passing rocks and happened to notice a nice ammonite (Figure 1) in a small block of limestone — what luck! But my new favorite thing might just be the up-and-coming unconventional oil and gas play that […]
First Take | Russian Invasion of Ukraine
Calgary, Alberta (February 24, 2022) — Enverus Intelligence Research, a part of Enverus, the leading global energy data analytics and SaaS technology company, has released a new report that examines the impacts Russia’s invasion of Ukraine will have on oil prices, the effectiveness of Western sanctions and potential political fallout. “While we see energy sanctions […]
Outsourced Mineral Owner Support Drives Efficiency for Operators
An interview with Camino Natural Resources, LLC and GeoSouthern Energy Corporation The energy industry is cyclical — the price of oil, supply and demand and M&A activity … all ebb and flow. It’s crucial your company equips itself to maintain business continuity during ups and downs, seasonal events (hello 1099s!), M&As or divestitures. One […]
Project Tracking Review: Top 10 US Wind Developers
The U.S. consists of one of the largest and fastest-growing wind industries. The U.S. Department of Energy (DOE) is focused on investing in research and development projects for both onshore and offshore wind, supporting continued innovation, new job opportunities and driving economic development. The wind industry represents a vital part of the national energy strategy […]
Capex Burndown: 22% Increase in North American Land Upstream Capital Spending
Calgary, Alberta (February 22, 2022) — Enverus Intelligence Research, a part of Enverus, the leading global energy data analytics and SaaS technology company, has released a new report analyzing who and where E&P capital budgets are being spent for 2022. “We expect a 22% increase this year in Y/Y North American land upstream capital spending […]
Conventional Opportunity in Unconventional Times
On Feb. 3, a Wall Street Journal opinion piece titled, “Oil Frackers Brace for End of the U.S. Shale Boom,” took a hard look at major shale players’ remaining inventory of quality drilling locations. The gist of the piece was that major shale operators — no matter what basin they’re operating in — have a […]