Blackstone Announces Agreement to Acquire Enverus
Blackstone (NYSE: BX) announced today that private equity funds affiliated with Blackstone (“Blackstone”) have entered into a definitive agreement to acquire Enverus, a premier data analytics energy intelligence platform, from Hellman & Friedman and Genstar Capital.
Data-Driven Product Development and Competitive Positioning in the Oilfield
Locus Bio-Energy (Locus), based in The Woodlands, Texas, specializes in bio-surfactant-based specialty chemicals for the oilfield. The company’s ESG-friendly and low-carbon biosurfactants are tailored to upstream and midstream oil and gas applications.
Making enhanced oil recovery great again: OBBA 45Q tax credit shift cuts E&P costs by 40%
Enverus Intelligence® Research (EIR) has released a report accessing how the One Big Beautiful Bill Act (OBBA) impacts the the equalization of 45Q tax credits, especially as it enhances the economics of carbon dioxide enhanced oil recovery (CO₂-EOR.)
Drilling Mud
Drilling mud—also known as drilling fluid—is a specially formulated fluid that is circulated through the wellbore during drilling operations. It plays a critical role in the success and safety of oil and gas exploration and production.
Blowout Preventer
A Blowout Preventer (BOP) is a high-pressure safety device installed at the wellhead during oil and gas drilling operations. Its primary function is to seal the well and prevent the uncontrolled release of oil, gas or drilling fluids—known as a blowout.
Mud Motor
The Mud Motor operates using a rotor and stator assembly. As drilling mud is pumped through the motor, it causes the rotor to turn within the stator, generating torque and rotation at the bit. This allows the bit to cut through rock even when the drill string is not rotating, which is particularly useful in directional drilling applications.
Rate of Penetration
Rate of penetration (ROP) is a key drilling performance metric in the oil and gas industry that measures the speed at which a drill bit breaks through rock to deepen a wellbore. It is typically expressed in feet per hour (ft/hr) or meters per hour (m/hr).
Field Management Software
Field management software (FMS) in the oilfield services context refers to a digital platform designed to streamline, automate and optimize the execution and monitoring of field operations. It connects field technicians, back office personnel and management through a centralized system that handles everything from job scheduling and dispatching to asset tracking, invoicing and maintenance.
The Digital Ticket Advantage | Turn Field Work Into Free Summer Time
Summer doesn’t wait – and neither should you. If you’re still using paper tickets, you know how fast they pile up: shoved in the truck, dropped off at the office, slowing you down at the end of a long day.
Dialing Oilfield Days Sales Outstanding Down to Zero and Freeing Up Cash for Growth
The sun rises on a wellsite in North Dakota where hydraulic fracturing operations have been running through the night. A line of water-hauling trucks idles nearby, keeping a steady supply flowing downhole. Handwritten field tickets for those loads exchange hands, only to get stuffed in a truck door or tossed onto a dashboard. With up […]