Enverus Glossary

API10s, in the context of asset identification, refer to unique identifiers assigned to physical or digital assets to enable efficient tracking, management and inventory control within an organization.

Audits in the mineral industry involve a systematic and objective evaluation of various aspects of mineral processing operations. These audits aim to identify inefficiencies, optimize resource utilization, improve product quality and recovery, ensure regulatory compliance and enhance operational safety.

Battery storage, or battery energy storage systems (BESS), are devices that store energy from the grid or renewable sources like solar and wind, and release it when needed.

CAISO stands for the California Independent System Operator. It is a nonprofit organization that oversees the operation of California’s bulk electric power system, transmission lines and electricity market.

Capital efficiency in the oil and gas sector refers to the optimal use of financial resources to maximize production and profitability while minimizing costs. This involves strategic investments in technology, infrastructure and operations to enhance productivity and reduce waste. Companies...

Carbon capture utilization and storage (CCUS) is a suite of technologies designed to capture carbon dioxide (CO₂) emissions from sources like power plants and industrial facilities. The captured CO₂ can then be either utilized in various industrial processes or stored...

Compressor stations are facilities installed along natural gas pipelines to boost gas pressure lost due to friction and elevation changes, ensuring continuous flow.

A data center is a physical facility that houses IT infrastructure, including servers, storage systems and networking equipment. It is designed to store, manage and process large amounts of data, ensuring the continuous operation of applications and services. Data centers...

Direct lithium extraction (DLE) is an innovative method for extracting lithium ions directly from lithium-rich solutions, bypassing traditional evaporation ponds and mineral processing techniques.

A division order for minerals is a legal document that outlines the proportional ownership and distribution of revenue from produced hydrocarbons, such as crude oil, natural gas, and natural gas liquids.

How does drilling efficiency impact overall production? What specific technologies enhance drilling efficiency? How does AI improve drilling operations? How does ROP influence drilling efficiency?

The **Electric Reliability Council of Texas (ERCOT)** is an organization that manages the flow of electric power to more than 27 million customers in Texas, representing about 90% of the state’s electric power consumers.

Environmental, social, governance (ESG) is a framework used by financial institutions to evaluate investments and operations based on environmental impact, social responsibility and governance practices. It aims to manage risks, meet regulatory requirements and promote sustainable, ethical business practices.

Energy trading and risk management (ETRM) systems are software solutions designed to manage and optimize the trading and risk management processes for energy commodities. These systems handle various tasks, including capturing and managing wholesale energy market transactions, from execution to...

Frac chemical market analysis involves evaluating the market for chemicals used in hydraulic fracturing, focusing on market size, growth projections, segmentation by function and fluid type, key drivers and challenges, competitive landscape, and emerging opportunities and trends. This analysis helps...

A gathering system in the midstream industry consists of smaller diameter pipelines that connect directly to producers' wellheads or production facilities. These pipelines transport untreated oil or gas to a central location, such as a compressor station, storage facility, processing...

Geothermal energy is the heat derived from the Earth's internal processes, which can be harnessed for various applications such as electricity generation, heating and cooling.

The interconnection queue is a list of pending requests for connecting new power generation facilities, such as solar or wind farms, to the electricity grid.

ISO New England (ISONE) is the independent, non-profit regional transmission organization responsible for overseeing the operation of the wholesale electricity market, ensuring grid reliability and managing the transmission system in the New England area. Established in 1997, ISONE coordinates the...

Liquefied natural gas (LNG) in the midstream context refers to natural gas that has been cooled to a liquid state for easier storage and transportation. Midstream operations involve the processing, storage and transportation of LNG from production sites to distribution...

A market data aggregator is a tool or system that collects, processes and consolidates financial information from multiple sources to provide a comprehensive overview of market trends. This data includes stock prices, trading volumes, news and economic indicators, which are...