MAP OF THE MARKET
View the real-time stock performance based on every operating well in North America and ‘hover’ over well spots to reveal additional details on a particular asset.
VIDEO: HELPING THE INDUSTRY NAVIGATE A NEW NORMAL
Together, Enverus and RS Energy Group provide unmatched data-driven insight into the energy market during this difficult time. Watch Jimmy Fortuna, Chief Product Officer, Enverus, explain how we are here for the industry.
Webinars: Through an Analyst’s Lens
Covid-19: Power Demand Destruction & Summer Load View (5/20/2020)
Using our new model that accurately measures COVID-19 demand destruction and weather-normalized impacts, we’ve homed in on ISO load forecasting. Watch now
TOP 25 E&P PRIVATE AND PRIVATE EQUITY OPERATORS (5/14/2020)
During the recent crisis, the primary focus has been on public E&Ps as they have seen their share prices hit, slashed capex, and addressed liquidity concerns. Watch now
Finding Opportunity Using Expiring Acreage (5/13/2020)
Watch our latest webinar where we will discuss how you can find opportunities by using expiring acreage. Watch now
WATER DYNAMICS IN THE PERMIAN BASIN AND THE PATH FORWARD (5/7/2020)
Enverus and B3 examine market expectations for the Permian Basin and what the path to recovery will look like. Watch now
Maximize the Value Of Business Automation: New Ways To Lower Costs, Maintain Business Continuity, and Create Profit (4/30/2020)
While the world adjusts to working in these current times, those of us in oil & gas understand volatility is a reality in our business. Watch now
Between a Rock and a Hard Place – How to Climb Out Unscathed (4/23/2020)
With continued uncertainties around the global oil markets due to COVID-19, Enverus and RS Energy Group (RSEG) are keeping a close eye on the impact on oil supply and demand. Watch now
CRUDE NORTH AMERICA: PRODUCTION & PRICE RISK (4/21/2020)
Watch our presentation on demand covering price sensitivity of U.S. crude production, WTI price outlooks and infrastructure updates. Watch now
COVID-19: FORECASTING POWER DEMAND DESTRUCTION (4/16/2020)
Power trading liquidity has fallen amid the uncertainty around Covid-19. Our PRT power market analysts looked for ways to display the growing demand destruction using machine learning technology. View webinar replay here.
HOW TO MAINTAIN CONTINUITY OF OPERATIONS IN A DISRUPTED WORLD (4/2020)
With current social-distancing and other safety and cost-saving protocols being put into place, business as usual is getting harder each week. View webinar replay here.
The Economics Behind $30 Oil (3/2020)
Enverus and RS Energy Group analysts do a deep dive into the supply and demand drivers behind the latest oil free fall. In this two-part series, hear from leading economists and analysts on what happened and what’s next for the industry.
Webinar 1: COVID-19 and Global Oil Demand
Webinar 2: COVID-19 and Global Oil Supply
Intelligence: Virtual Energy Analysts
Enverus and RS Energy Group provide your go-to virtual energy analysts. Here you can view original market research on the OPEC and Russia price war, Saudia Arabia’s next steps and how we can compare this downturn to the last. Find exclusive market intelligence, delivered straight to your computer.
Marcellus – When the Only Way Is Up (6/01/2020) With the highest normalized recoveries and lowest breakevens, the Marcellus play in the northeastern Pennsylvania region has long been the crown jewel of shale gas plays in the Lower 48. This region of the play has the unique advantage of offering stacked intervals with the primary target being the Lower Marcellus. Read More
The More (Laterals) The Merrier (5/26/2020) Heavy oil operators in northern Alberta’s Peace River and Clearwater plays are using multilateral drilling technology to develop their assets. Multiple horizontal legs branch off one vertical wellbore to increase reservoir contact that, in turn, improves production. Read More
HOW COVID-19 WILL IMPACT POWER LOADS DURING SUMMER PEAKS (5/28/2020) U.S. power markets have endured a transformative two and a half months as school, business, and some manufacturing closures have swept across the nation due to COVID-19. Read More
MarketView Anywhere Links Remote Traders to Markets (5/21/2020) 2020 brought on brand new challenges for everybody in the energy industry. Working from home set-ups were particularly challenging for traders and analysts who normally work in close proximity in trade floors. Read More
Well Declines Pinch Pipeliners (5/18/2020) Base declines of existing wells are becoming increasingly important to midstreamers, the companies that gather and process oil and gas, as the prospect of minimal activity in 2020 becomes real. Read More
Sharks in the water – Part 2 (5/14/2020) “Dice are rolling, the knives are out…” In this week’s blog, we will highlight a new “shark in the water”—a company with solid balance sheets, long-term growth strategies, and cash to spend on acquisitions from stressed rivals during these stressful times. Read More
Oilfield Services: Activity and Price Cuts Thump EBITDA Margins (5/11/2020) Drilling activity dropped at an unprecedented rate over the past two months, with horizontal rig counts falling over 50% and fracturing fleets plunging more than 75% so far. Work for many oilfield service (OFS) companies isn’t there anymore. Read More
SHARKS IN THE WATER (5/4/2020) “Dice are rolling, the knives are out …” Oil’s recent price implosion, resulting from the double whammy of OPEC’s early March failure to agree on further production cuts with Russia and demand destruction in the wake of the global coronavirus pandemic, has left the global oil & gas exploration business reeling. Read More
Oil Markets in Crisis: Production Outlook and Outline for Recovery (04/24/2020) Tight oil base declines are also not going to be enough to balance sharply lower demand, necessitating shut-ins. This is going to be a game changer in the weeks ahead, and something necessary to jump-start the recovery in prices later down the road. Read More
Explaining the Permian Pivot to Single-Bench Development (4/27/2020) The recent collapse in oil prices is pushing operators into survival mode, resulting in a massive reduction in activity across major oil plays in the US. While the depth of high-quality resource in the Permian Basin is unrivaled across the L48, the Texas-New Mexico play is not immune to the severe plunge in oil prices. Read More
Q&A: Ask an Analyst
What does the low oil price mean for Canadian operators and Canadian oilsands?
With $20 WTI and $10 WCS, no oil sands project is able to generate a profit, but it’s hard to predict a number for possible shut in volumes. As WCS and WTI continue on this downward spiral, producers are weighing the cost to continue to produce an uneconomic barrel less to the long term cost of shutting in SAGD or mining operations. Companies with mixed assets, legacy conventional oil and oil sands, are shutting in conventional oil wells immediately. SAGD wells are relatively easier to scale back production rates, as long as the steam chamber is maintained and the rate of production from mining is more dependent on facility’s ability to be turned down. Each oil sands production method has it’s long term consequences if production were to be shut in completely, some more permanent than others. With gas prices at $1.70/Mcf HH, even the gas producers are pretty vulnerable, but this isn’t unfamiliar territory for Canadian producers as they have seen much worse with AECO. The very thin silver lining to this all is given where activity has been over the past couple of years, we are anticipating another year of declining gas production out of Western Canada and therefore a bump in gas prices which bodes well for some Canadian gas producers.
-Morgan Kwan, Vice President, Intelligence, RS Energy Group
What are the economics behind how we got to these low oil prices?
Client Workbooks: Because Work Doesn’t Stop
Permian Opportunities Knock: This workbook examines the top 40 most active operators in the Permian basin as a starting point for analyzing who is best positioned to continue operating at current commodity prices. View Workbook
Operator Guidance Updates: Many operators have updated capital guidance in response to current commodity prices. This workbook examines activity and acreage for 15 of these operators who have announced revisions to their 2020 guidance. View Workbook
Covid-19 detected cases per million population in 2020
Hacks for Working Remote, Staying Up-to-Speed While Staying Put
Daily Rig Count