For Crypes’ Sake — Cryptocurrency, Elon and Greta
Like real currency, cryptocurrencies are a medium of exchange which can be used to purchase goods and services virtually. Elon Musk, for instance, announced early this year that Tesla would be accepting cryptocurrencies in exchange for Tesla products, making it the first major automaker to do so. Cryptocurrencies are attractive for several reasons: there are […]
My Career in Energy: Lindsey McCarty
Lindsey McCarty is a managing partner and COO for Selenite Energy Partners, a portfolio company of Carnelian Energy Capital that provides structured capital solutions for the energy industry, where she’s responsible for engineering and technical analysis. In this week’s “My Career in Energy” Q&A, Lindsey tells us about her first job, what excites her about […]
Golden Era or Gold Quarter?
With 1Q21 earnings well underway, it is clear that E&P companies are generating more profits (as measured by free cash flow) than they have in a long time. Cumulative cash flow generated for independent E&P companies in Q1 increased tenfold from the previous year, based on the sample set we have now. Capital discipline reflected […]
My Career in Energy: Mike Mroz
In this week’s “My Career in Energy” interview, we’re featuring our very own Mike Mroz. Based out of the Denver area, Mike has been with Enverus since our days as Drillinginfo. He joined our team in 2013 through our acquisition of Transform Software & Services Inc. as a territory sales manager. Today, Mike is our […]
CFHO: More Legs Than a Spider
Cold flow heavy oil (CFHO), as the name makes clear, describes the production of thick crude that flows slowly — think of molasses. Unlike some oil sands projects where steam is injected underground to decrease viscosity and allow the oil to flow, CFHO is pumped to surface without the addition of steam. CFHO typically relies […]
Red Wolf Natural Resources Shows That Processing JIBs Doesn’t Have to Be Painful
Request Demo If joint interest billing (JIB) processing feels like a cement block pulling you under, take heart. You are not alone. For most companies, JIB processing is plagued by multiple inefficiencies, conflicting sources of truth, complicated audit controls and high overall administrative costs. Red Wolf Natural Resources, an E&P company based in Oklahoma City […]
Environmental, Social and Governance – Do Markets Really Care?
Lenders have and continue to price credit risk within the E&P industry by assessing the proportion of a borrower’s cash flow and collateral to its net debt. However, in recent years many lending institutions began adopting policies to incorporate environmental, social and governance (ESG) factors into their investment decisions to assess risks unquantified by traditional […]
My Career in Energy: Ashley Zumwalt-Forbes
Ashley Zumwalt-Forbes is co-founder and president of Black Mountain Metals 1, Black Mountain Metals 2, Black Mountain Exploration and Black Mountain CarbonLock. Featured in Forbes’ 30 Under 30 in Energy in 2020, Ashley also sits on the advisory board for About Hennessy Capital Investment Corp. V, Female Venture Fund, Polestar, TCU Energy Institute and the […]
In Energy, the Only Constant Is Change
There are many terms circulating today regarding changes to how we power our lives. Are we experiencing a “transition” or an “evolution”? At Enverus, we see it as an evolution. The future of energy is an expanding mix of energy sources, not an elimination of them. From wood, water and oil, to wind and solar, […]
Delaware Basin’s Evolving Federal Landscape
Since the Biden administration took office in January, the risk to oil and gas producers with assets on federally administered land has been a dynamic debate. On his first day in office, President Joe Biden issued an executive order temporarily banning new leasing and permit approvals on public land for a 60-day period while questions […]