Permitting information for oil and gas wells is one of the most readily available and least lagged pieces of data on industry activity, but it is often seen as a poor indicator of future drilling activity.
The North American play-level inventory rankings are in, and there’s been some shakeups. Since the last publication by Enverus Intelligence Research (EIR), the remaining inventory by play has seen some movement on the leaderboards. While EIR made minimal revisions to the quantity of remaining locations, quality fell across the board. Cost inflation, productivity degradation, improved […]
Operators and oilfield service companies need to keep pace with the volatile and rapidly evolving energy industry. However, if you are relying solely on public filings to make investment decisions or anticipate future activity, you’re shortchanging yourself. Public data often lags by three months and can be inaccurately reported. If you consider the state of […]
Benchmark future inventory and forecast existing well performance Still relying on acreage math or drawing well locations by hand? Put your pencils down. Calculating remaining inventory is crucial to assessing the future value of an asset. It can also be time consuming and complex. But it doesn’t have to be. Watch the video to see […]
It is time for Pad Drilling 2.0, the next iteration in a developmental drilling practice that has transformed how the oil and gas industry accesses tight formation hydrocarbons. Pad drilling version 1.0, or the drilling of multiple wells from a single surface site, played a linch-pin role in opening up capital-intensive tight formation oil plays […]