Podcast Preview: The Ukraine War and What It Means for Oil & Gas Supply
Morgan Kwan and Bill Farren-Price discuss the conflict in Ukraine and the risks it poses to Europe, to Russian oil and gas supply, and to the wider global economy. As a veteran observer of European, Middle East and African energy, Bill offers his thoughts on the potential pathways that the conflict will take and the […]
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 […]
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 […]
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 […]
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 […]
Virginia Power Outage: Grid Outage Explained
Heavy winter storms left 390,000 Virginians without power this week. Dominion Power has since restored services to more than 250,000 customers. Extreme winter storms caused power outages and interruptions due to damaged infrastructure and equipment. For the power industry, these events impact wholesale power pricing, electricity demand and grid operations, in addition to the end […]
An Intro to Locational Marginal Pricing
Locational marginal pricing (LMP) serves as a valuable mechanism for pricing electricity in managed wholesale markets. It defines the price for electricity in real time at specific points referred to as nodes within a transmission system. These prices represent clear benchmark signals for buyers and sellers in electricity markets. They provide vital insights into decisions […]
Accurate Load Forecasting on a Rainy Day in L.A.
When you think about Los Angeles weather, you likely think of warm and sunny. In fact, L.A. is so sunny, it ranks No. 1 in total installed solar photovoltaic (PV) systems in the U.S., with more than 483.8 megawatts (MW) of capacity. But what happens when it is cold and rainy? Southern California recently experienced […]