Morning Energy Live With Adam Waterous | What’s Driving Canadian Oil’s Next Chapter?
As global oil demand continues to rise, one question is dominating investor conversations: Where will the next wave of secure, long-term supply come from? With the supermajors pulling back on long-cycle investments, attention is shifting to the Canadian oil sands a region offering both resource depth and geopolitical stability.
CapEx
CapEx refers to the funds used by a company to acquire, upgrade and maintain physical assets such as property, equipment and infrastructure. In the oil and gas sector, CapEx is essential for activities like drilling new wells, developing oilfields and investing in technology to enhance production capabilities. CapEx decisions are critical for ensuring long-term growth and sustainability.
OpEx
Operating Expenses (OpEx) refer to the day-to-day costs of drilling, completing, extracting, producing, and processing oil and gas. These include equipment maintenance, rent, utilities, insurance, payroll, marketing, administrative expenses, and research and development. OpEx is crucial for evaluating operational efficiency and profitability, helping operators manage budgets and optimize production.
Upstream M&A hits the brakes, slowing to $14 billion
Calgary, Alberta (July 23, 2025) — Enverus Intelligence Research (EIR), a subsidiary of Enverus, the most trusted energy-dedicated SaaS company that leverages generative AI across its solutions, is releasing its summary of 2Q2025 upstream M&A activity and outlook for the rest of the year. Upstream M&A decelerated in the second quarter of 2025, with value […]
Mastering Oil & Gas Bidding Season With Enverus RFx Faster, Smarter Procurement for E&P Capital Projects
Bidding season is here. See how Enverus RFx helps E&P supply chain teams align with ops, secure competitive rates and stay audit-ready for capital projects.
Spend Leakage
Spend leakage is the unintended or uncontrolled flow of money within a company, often due to purchases from non-approved suppliers or inefficient procurement practices. In the oil and gas industry, spend leakage can occur when inventory or production costs exceed what is being sold or produced, leading to wasted resources and negatively impacting financial performance.
Economic Viability
Economic viability in the energy industry refers to the ability of a project to generate enough revenue to cover its costs and provide a reasonable return on investment. Key factors include production costs, market prices, technological efficiency, regulatory environment, investment and financing, and environmental and social factors.
Tier 1 Acreage
Tier 1 acreage refers to the most productive and high-quality land in shale plays, characterized by superior geological properties and high initial production rates. This land is considered the best for drilling due to its potential for higher productivity and profitability.
Asset Valuations
Asset valuations in the context of operators refer to the process of determining the value of physical and intangible assets owned or managed by a company. This valuation is crucial for financial reporting, investment analysis and strategic planning, ensuring that the assets are accurately represented in terms of their economic worth.
Carbon Markets
Carbon markets are trading systems where carbon credits, representing the right to emit a certain amount of greenhouse gases, are bought and sold. These markets include compliance markets, regulated by governments, and voluntary markets, where companies and individuals can purchase credits to offset emissions. The goal is to reduce overall greenhouse gas emissions by putting a price on carbon and incentivizing reductions.