Modernizing Mineral Rights Management: Automating Oil & Gas Accounting Data Delivery
Managing thousands of mineral and royalty investments creates never ending oil and gas accounting complexity. Your mineral rights management team is inundated with monthly revenue statements from dozens, or hundreds, of different operating companies, each with unique reporting standards. Assuming you own mineral interests in 1,000 wells, operated by 40 different producers, with three to […]
How Population Decline Could Impact the Energy Industry
In 1992, novelist P.D. James published “The Children of Men.” It is a brutal novel, set in 2021, about a world without births, where mankind is on the brink of extinction, the British government is unrecognizable, and hope for the future of an aging population has crumbled into a decaying spiral of suicides, crime and […]
Modernizing Mineral Rights Management
How technology is revolutionizing specialty asset management in banking A large and growing market of mineral interest owners relies on banks and trust departments to manage their assets. Banks and the highly-personalized services they provide have been a cornerstone of specialty asset management since the beginning of the oil and gas industry, helping family offices […]
Project Tracking Wind Power in Texas — Pick the Winners
Where are these Texas wind turbines everyone is talking about that keep the ERCOT power grid going? Who owns these wind farms in Texas? How much power is generated by these assets in the state of Texas today? We can answer all these questions and more in Enverus Power & Renewables’ latest tool for renewable […]
Record Heat and Potential Blackouts Roll Into Northwestern US
Record-high temperatures and below-average hydro-generation conditions will rock the Pacific Northwest in the coming days, with a record summer load forecast for the wholesale electrical providers in the region. Temperatures are expected to reach or exceed all-time record highs in Seattle and Spokane, Washington; Portland, Oregon; and Boise, Idaho; after a “heat dome,” or large […]
Accurate Power Forecasts Essential to Survive This Summer
It’s going to be a long, hot summer for folks living on the U.S. West and Gulf Coasts. As early as April, the Enverus Power Market Analytics team has advised its customers to prepare for extreme high temperatures this summer. As we noted last week, western power markets from California to Texas came up against […]
Will Fracture Sand Pricing Power Return?
Rigs have jumped nearly 30% YTD in the Lower 48. The average number of actively fracturing fleets jumped 20% month-over-month in January and has remained steady since. Due to both a large backlog of drilled uncompleted wells (DUCs) built during the pandemic-induced activity crash and the higher-than-anticipated crude prices we’re now experiencing, completion activity — […]
ERCOT Power Demand Hits June Record in Extreme Heat
Western power markets from California to Texas are up against extreme heat and low wind production, putting electric grids under duress and prompting ERCOT officials to ask Texans to conserve energy through Friday. A new June record demand level was set in ERCOT Monday. Enverus estimated demand reached near 69,943 MW during hour ending 16:00, […]
Do Renewable Asset M&A Multiples Point to a Bubble?
The M&A market for renewables assets gained momentum over the past decade (Figure 1), demonstrating increased interest that we attribute to cost declines, stricter government policy and growing societal support. Recent high-water mark deal multiples of $8-$10 million/megawatt (MW) observed in the North Sea raise the question of whether renewable asset valuations are floating in […]
Automate Trading Reporting Efficiency With MarketView APIs
Access to the right commodity market data at the right time is key to the success of traders, quants, risk managers and back-office professionals. Enverus’ MarketView APIs provides just that. While many of our competitors focus on front-end solutions, MarketView also offers an API to help deliver the market data needed by the top global […]