Connecting Producers and Partners With a Digital Gathering System

Enverus Press Release - Upstream M&A sails on with $30 billion in 2Q24

Digital oilfield advances have transformed many facets of the energy enterprise, yet when it comes to partner data sharing, the industry is stuck in a rut. Sensitive financial data and personally identifiable information (PII) are routinely sent to working interest, mineral and royalty owners by USPS and email. The large-scale flow of revenue statements, JIBs, […]

CO2 Gets a Raise | Senate Proposes 45Q Boost for EOR

Class VI applications signal slowdown

The U.S. Senate proposed amendments to the One, Big, Beautiful Bill, increasing the 45Q tax credit for CO2 enhanced oil recovery (EOR) from $60 to $85/tonne, matching the rate for permanent sequestration. From an economic standpoint, this shift could have a meaningful impact.

Dialing Oilfield Days Sales Outstanding Down to Zero and Freeing Up Cash for Growth 

Enverus Press Release - Tapping Alberta’s overlooked lithium brines

The sun rises on a wellsite in North Dakota where hydraulic fracturing operations have been running through the night. A line of water-hauling trucks idles nearby, keeping a steady supply flowing downhole. Handwritten field tickets for those loads exchange hands, only to get stuffed in a truck door or tossed onto a dashboard. With up […]

Why Digital Field Tickets Are the Oilfield’s Most Underrated Profit Solution

field-representative

Ask any oilfield operations manager what slows down invoicing and you’ll hear it every time: submitting field tickets from the job site to the office. These tickets are the handshake confirming work was done, but when they’re trapped on paper, buried in emails or scattered across spreadsheets; mistakes and delays pile up fast. And when […]

Middle East Conflict Jolts Energy Markets

The ongoing conflict between Israel and Iran continues to send shockwaves through global energy markets. Recent strikes on Iranian energy infrastructure by Israel have heightened concerns about supply disruptions and price volatility. As geopolitical tensions escalate, energy professionals are closely monitoring the situation’s impact on oil prices, market dynamics and long-term industry outlook. Targeted Strikes […]

How Oilfield Service Companies Can Stay Profitable in an Uncertain Market

Enverus Press Release - OFS prices expected to bottom out by year’s end

If you’ve spent any time in the oilfield services industry, you know it’s a cyclical business. When times are good, you’re on speed dial for work. When times are tight, you’re the first to feel it. And right now, with so much uncertainty in the market, profitability becomes the top priority to sustain your business. […]