Whitecap and Veren Merge: A Strategic Combination Shaping the Future of Canadian Energy
In a landmark move within the Canadian energy sector, Whitecap Resources Inc. (WCP) and Veren Inc. (VRN) have announced a near merger of equals. This strategic combination, with a purchase price of C$8.6 billion (US$5.9 billion) for Veren inclusive of net debt, brings together complementary assets across the Alberta Montney, Kaybob Duvernay and Saskatchewan regions. […]
Energy Stakeholders Meet in New Mexico to Address Key Permian Basin Issues
Energy Stakeholders Meet in New Mexico to Address Key Permian Basin Issues Last month, stakeholders from across the energy sector gathered in New Mexico to tackle the pressing issues facing the Permian Basin. Among the wide-ranging discussions, three key themes emerged: the electrification of the basin, potential and challenges for production growth, and the environmental […]
Upstream M&A Activity Slows in Q3 2024 – What Does It Mean for the Future of the Energy Sector?
Q3 2024 saw a significant dip in U.S. upstream M&A activity, with $12.4 billion in deals reflecting broader shifts in the energy market. Key trends include a geographic shift in deal focus, notably towards the Williston Basin, as well as a heightened
The Methane Fee Plot Twist That Could Double Your Liability
Petroleum systems lose natural gas to the atmosphere in many ways that have drawn a laser focus from regulators seeking to stem the impact of greenhouse gases on global warming.
Unlocking the Future of Oil and Gas: Strategies to Combat Production Degradation
Blog with insights on navigating the future of oil and gas, providing valuable strategies and solutions.
Maximizing Resources in a Dynamic Market: The Path to Strategic Development
Introduction Producers and stakeholders are at a crossroads, as the oil and gas market balances asset longevity with immediate returns, while also managing the escalating demand for operational efficiency. Asset teams are key to successfully navigating this delicate and complex environment, holding the keys to unlock ways to optimize resource allocation while sustaining profitability. Our […]
Decoding the Subsurface: Advancing Oil and Gas Asset Inventory
Introduction Operators and investors have been experiencing a mindset shift in the past few years, facing a unique challenge of balancing future inventory development and the need to maximize returns today. As Tier One plays are continuing to be developed, production degradation becomes an ever-looming beast, evaluating remaining inventory across assets rapidly and precisely has […]
Segmenting Production Data: Turn Shut-In Wells Into Growth Opportunities
One of the key problems in truly understanding a well’s production profile and predicted estimated ultimate recovery (EUR) is that the producing lifecycle of a given well is often impacted by nearby operations, when an operator will need to shut in the well to avoid damage. A well may be shut in due to offset […]
Drilling Into Tomorrow: Inventory Quality Influencing Capital Efficiency and A&D
Undeveloped inventory is the cornerstone of the future of shale E&Ps’ future. It’s the key driver of sustainable long-term cash flows, valuations, and A&D strategies.
Capital Currents | Financing the Energy Transition
A look at the capital pools available to different energy transition technologies.