Oil Sands Forecasting — More Accurate Than Your Local Meteorologist

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Despite reduced capital spending in the Canadian oil sands since 2015, production grew from 2.4 MMbbl/d in January 2015 to 3.6 MMbbl/d in December 2020 (Figure 1). Our monthly oil sands forecast individually models 48 projects by assessing a company’s near-term guidance, development plan, turnaround schedule, blending patterns and activity data from Prism. The detailed […]

Canadian Stage-by-Stage Completion Data – Plugging Along

What would you do if you had stage-by-stage data for an entire basin? At Enverus we use the data from over 5,000 Canadian unconventional wells, including data from over 175,000 stages, to complete detailed multivariate analysis that identifies the most influential completions variables to optimize production results. Interestingly, there was a clear bifurcation of results when […]

Canadian Oil Firms Find “Single Source of Truth” With Enverus

We are proud to work with so many companies that are part of Canada’s $110 billion-a-year oil and natural gas industry. There are Enverus Trading & Risk customers involved in all facets of extracting, processing, and delivering liquid petroleum products from the country’s underground reservoirs and vast oil sands to customers all over the world. […]

CANADIAN OIL AND GAS WELL NUMBERS

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Several weeks ago I wrote about US Well Numbers and the basics of how they are numbered and who numbers them along with the standards committee that sets the rules. Today I’m writing about the Canadian system which is very different from the US but as a geologist I find it elegant, logical and very easy to […]

THE API NUMBER IS DEAD – LONG LIVE THE US WELL NUMBER

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I first want to apologize to all non-U.S. readers. This article is about US well numbers and the way we uniquely identify wells here in the US. The common way to identify a well in the world is to give the well a unique well identifier (UWI). Here in the US we have a specific […]