Back Office Automation Tools for Oilfield Services Companies
Being a supplier in the oil and gas business is hard. You must ride the cycle of boom and bust, differentiate yourself in an incredibly competitive market and make sure your financial fundamentals are sound. It’s not for the faint of heart, and there is no guarantee of success. More than half the suppliers that […]
Brigham Bags Core Midland Royalty Acreage in $133 Million Purchase
Publicly traded royalty owner Brigham Minerals (NYSE: MNRL) is expanding its Midland Basin royalty exposure with the acquisition of 3,900 net royalty acres (NRA, normalized to 1/8), primarily in Martin and Midland counties, and 850 boe/d (60% oil) mid-point 2023E production from Avant Natural Resources for $132.5 million. In this insights article, Enverus Intelligence provides detailed […]
SPP Market Analysis: High Congestion Impacts Hub Price Spread
We have seen that windy days in the Southwest Power Pool (SPP) market increase North Hub and South Hub price differences. We investigated and analyzed this market behavior with Panorama. In the below publication screenshot, we can see a huge hub price spread on June 23, a windy day in SPP region. High transmission congestion […]
Bearish Clouds on the Horizon Continue
Looming recession risks prompt oil and gas price corrections Calgary, Alberta (August 24, 2022) — Enverus Intelligence Research (EIR), a subsidiary of Enverus, the leading global energy data analytics and SaaS technology company, has released its latest FundamentalEdge report focusing on its medium-term outlook for oil and natural gas. “The surging dollar, signs of weakening […]
Carbon Capture, Utilization and Storage: Untangling the Economics From Source to Sink
The petroleum industry has long used carbon dioxide (CO2) for enhanced oil recovery. However, carbon capture, utilization and storage (CCUS) has gained significant momentum in relevance thanks to climate change urgency and global alignment on environmental, social and governance (ESG). The CCUS discussion today is less about usage and more about permanent storage. Most of […]
CCUS Inventory Unlocks Hidden Potential
Calgary, Alberta (August 23, 2022) — Enverus Intelligence Research (EIR), a subsidiary of Enverus, the leading global energy data analytics and SaaS technology company, has released a report containing the status and scope of carbon capture, utilization and storage (CCUS) projects around the world. EIR’s records document 10 million tons per annum of operational global […]
Quickly Evaluate Opportunities With a Rapid De-risking, Forecasting and Inventory Workflow
Benchmark future inventory and forecast existing well performance Still relying on acreage math or drawing well locations by hand? Put your pencils down. Calculating remaining inventory is crucial to assessing the future value of an asset. It can also be time consuming and complex. But it doesn’t have to be. Watch the video to see […]
A Midstream Operator’s First Mover Advantage in CCUS
Part 1: Pinpointing CO2 emitters Global alignment on net zero policies, Wall Street sentiment, and large tax credits from the U.S. and Canadian governments for carbon capture investment, are leading to exciting new opportunities for historically midstream service providers. Dominated by the transportation and storage of hydrocarbons, midstream operators are rethinking their business model and […]
Enverus’ SPARK Illuminates Transformative Opportunities for Oil and Gas
Austin, Texas (August 11, 2022) — Enverus, the leading global energy data analytics and SaaS technology company, is inviting members of the media to SPARK, its two-day conference taking place Aug. 23-24, 2022, in San Antonio, Texas. “Energy is complex and continually evolving; the one constant is that it’s always changing,” says Manij Nikhanj, president […]
ERCOT Storage: The Future Operating Model?
Calgary, Alberta (August 9, 2022) — Enverus Intelligence Research (EIR), a subsidiary of Enverus, the leading global energy data analytics and SaaS technology company, has released a report exploring the future state of the ancillary services markets in the Electric Reliability Council of Texas (ERCOT). From managing weather swings to energy outages to fluctuating prices, […]