COP26 and the Long Road to Decarbonization
We were curious to see what would happen during this week’s 2021 United Nations Climate Change Conference, or COP26. After all, commitments to net zero emissions need to be coupled with realistic pathways for their delivery, and so far, they have not been. Previous pledges on climate action have gone unfulfilled and governments have struggled […]
What Drives Exploration Acreage Bid Valuations at Lease Sales?
Accurately understanding bid prices at lease sales is an arduous task for exploration teams. Several variables contribute to a block’s risk and cost, such as the presence of de-risked play concepts, an operator’s confidence in prospect interpretation, proximity to infrastructure, macro environment and political landscape, among others. While some of those factors are subjective and […]
Automation and Operations Excellence in Energy: Five Things You Should Know
“In five years, the invoice as we know it today won’t exist.” This is just one example of the many thought-provoking statements presented during the 2021 SPARK Conference. Since its inception, the SPARK Conference’s driving purpose has been to help energy professionals navigate present and potential future challenges with thought leadership focused on process automation, […]
PROJECT TRACKING REVIEW: TOP 10 US ENERGY STORAGE DEVELOPERS
As renewable power generation accelerates and concerns around the capacity and resiliency of energy grids grow, companies are increasingly exploiting and developing energy storage systems. But grid-connected energy storage systems are not a novel concept and have existed for years. Why is energy storage important? In its simplest form, energy storage is best thought of […]
Project Tracking Review: Top 10 US Energy Storage Developers
As renewable power generation accelerates and concerns around the capacity and resiliency of energy grids grow, companies are increasingly exploiting and developing energy storage systems. But grid-connected energy storage systems are not a novel concept and have existed for years. Why is energy storage important? In its simplest form, energy storage is best thought of […]
Enverus Knowledge Hub: On-Demand Energy Insights
In the rapidly evolving energy industry, staying on top of market trends can be complex and overwhelming. As difficult as it is to stay up to speed with so many moving pieces, having a comprehensive view of the energy market is critical to making the best business decisions. Now, there’s a way to stay plugged into energy […]
Inspiring Our Oil and Gas Workforce
We all understand the motivations that drive folks who hunt for treasures. Whether it’s buying extra Powerball tickets, trying to pick the next crypto or biotech winner in the stock market, or even using a metal detector at the beach to find a lost Rolex, we understand. It’s the allure of making a risk pay […]
Oil Price: What Goes Up …
Low inventories, recovering demand and a muted supply response are behind surging energy prices and rising stock values of producers. Today’s picture looks similar to late 2018, when Brent spiked to ~$85/bbl and prompted bullish calls for $100/bbl oil. But that year, a wave of OPEC and U.S. supply growth hit and U.S./China trade tensions […]
Exploring the CCUS Opportunity Set
Over the past few quarters, interest has surged in carbon capture, utilization and storage (CCUS) technology. Policy enhancements are providing a pathway to viable carbon capture business models and have spurred a string of announced projects across the value chain. As companies begin screening for the most compelling opportunities for carbon capture, offtake and storage […]
Data Gathering — Effectively Improving Enverus’ Log Coverage
Geologists have used wireline logs as a tool for nearly 100 years to measure rock properties down a borehole — a fundamental need in analyzing the subsurface. Originally, these logs were printed on long sheets of paper and interpreted by hand with pencil crayons. This process was time-consuming for large-scale interpretation and often limited the […]