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Enverus press release - Renewing Alberta’s path for renewables

Renewing Alberta’s path for renewables

Enverus Intelligence Research (EIR), a subsidiary of Enverus, the leading generative AI and energy-dedicated SaaS company, is shedding light on the impact of ending a Feb. 28 moratorium by Alberta Premier Danielle Smith that also included a host of new restrictions on renewable power installations.

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Enverus Press Release - The surprisingly balanced global LNG market

Gas players approach weak pricing with operational flexibility

Natural gas prices are setting up E&P companies operating in gas plays for a challenging 2024, maybe more challenging than they expected. On March 20, the 12-month strip settled at $2.71/MMBtu, down from more than $3.00/MMBtu when the year started, and the front-month settled at $1.70/MMBtu. The warm winter and growing associated gas production have pushed gas storage volumes 41% above the five-year average and 21% higher than this time last year, at 2.33 Tcf as of March 15.

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