Don’t Leave Hedging to Wall Street — Energy Clients Are Saving Billions
At a time of market volatility and skyrocketing energy commodity prices, we see more and more clients taking advantage of any opportunity to hedge risks and enhance profitability. For many of our downstream industry clients, this can include hedging risks when it comes to their fuel costs. Recently, Financial Times shared how “four fuel traders […]
Ukraine Advance — Turning Point or False Dawn?
Ukraine’s extraordinary military success in rolling back the Russian occupation around Kharkiv in early September has raised hopes that Kiev may be on the cusp of a broader victory that would see Russian troops ejected not just from the Ukrainian territories taken since February, but also Russian-annexed Crimea and the Donetsk and Luhansk regions occupied […]
Drive Optimal Returns and Increase Confidence in Critical Investment Decisions
Fast, easy proprietary and Enverus data integration in PRISM now available If you’re relying solely on internal proprietary data to make critical decisions, you’re missing out on the opportunity to drive better business outcomes. Comparing proprietary data, such as estimated ultimate recovery (EUR) or well landing intervals, to trusted, unbiased Enverus data and analytics to verify […]
Sitio and Brigham Break the Ice on Public Royalty Company Consolidation
In the relatively small world of publicly traded mineral companies, the focus has been on publicly traded options. This has been due to the number of new companies listed over the last five years and the absence of public company consolidation. That changed on Sept. 2 with the merger of equals between Sitio Royalties and […]
A Recipe for Designing and Developing Your Asset
Mix classical due diligence approaches with new data science applications to reduce risk, lower cost and optimize outputs Getting ready to develop an asset is notoriously technical. Engineers and geologists grapple with uncertainty as they make decisions that will cost millions and hopefully return a multiple on that spend. To feel confident in their recommendations […]
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 […]
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 […]
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 […]