How GenAI Will Change Your Oil and Gas Acreage Strategy
The following blog is distilled from Enverus Intelligence® Research (EIR) publications. As the upstream oil and gas sector faces mounting pressure from rising costs and dwindling Tier 1 inventory, the need for smarter, faster and more efficient development strategies has never been greater.¹ AI has been thrown into this mix and is already proving to be […]
Brigham Bags Core Midland Royalty Acreage in $133 Million Purchase
Publicly traded royalty owner Brigham Minerals (NYSE: MNRL) is expanding its Midland Basin royalty exposure with the acquisition of 3,900 net royalty acres (NRA, normalized to 1/8), primarily in Martin and Midland counties, and 850 boe/d (60% oil) mid-point 2023E production from Avant Natural Resources for $132.5 million. In this insights article, Enverus Intelligence provides detailed […]