The Hype and the Realities of CCUS
The Enverus Intelligence® Research (EIR) Subsurface Innovation Team attended AAPG’s CCUS 2024 conference in Houston March 11-13. The conference, which also brought together SPE and SEG membership, hyped up the need for CCUS to offset the demand for fossil fuels, which according to our forecast is expected to grow from 103 MMbbl/d in 2024 to 108 MMbbl/d by 2030.
Revolutionized Inventory Planning
In an exclusive look into the future of inventory management, our webinar dove into how our newest innovation in strategic planning can enhance capital deployment decisions.
Taming midstream costs: Refined expense accruals
Midstream is caught between a rock and a hard place. On one hand, gathering and pipeline operators, processors, storage and energy marketers face abundant opportunities and challenges when meeting customer demand.
Navigating the Energy Maze: Three Reasons to Capitalize on Energy Transition M&A
The world of Energy Transition M&A is buzzing with change and possibilities. Energy companies across the globe are undertaking unique journeys in the energy transition landscape, venturing into new territories and reshaping the future of the energy industry as we know it.
OFS firms hope Haynesville rebound won’t wait for LNG wave
While the Haynesville has been responsible for much of 2023’s woes for U.S. oilfield services contractors, they appear convinced that the worst is over. Still, no one expects a full rebound until new LNG export capacity on the U.S. Gulf Coast comes online. The Ark-La-Tex active rig count was over 80 for most of 2H22 […]
Targa leads peers in new well connects to its gas gathering
Midstream operators connected 3,524 oil and gas wells to gathering systems in the U.S. during Q2, according to an analysis using Enverus Core data presented in the most recent issue of Midstream Pulse. This is up slightly from the 3,447 wells connected during Q1 and relatively flat compared to 2Q22. The most active regions were […]
Gulf Coast LNG offtake boom slows significantly in 2023
In the first nine months of 2023, U.S. LNG developers signed 14 long-term sales and purchase agreements totaling 19.65 mtpa. The pace is far slower than in 2022 when Russia’s invasion of Ukraine led European countries to scramble for future supplies not shipped from Moscow. The first nine months of 2022 saw 30 SPAs totaling […]
The future of CCUS: Key opportunities and challenges in commercializing large-scale projects
Panel discussion with CCUS experts from Enverus EVOLVE Conference Introduction CCUS offers a promising solution to curb greenhouse gas emissions by capturing CO2 from industrial sources and power plants and storing it underground. CCUS has gained significant attention in recent years, and the business potential of CCUS has sparked interest in various industries and in […]
Will midstream limit CCUS development?
XOM’s recent acquisition of DEN for nearly $5 billion firmly places the buyer and its low carbon solutions business as a leader in carbon capture, utilization and storage (CCUS). Its dominant position is even more apparent in southern Louisiana where DEN was very active in securing midstream partnerships and storage sites around its Green and […]
3 Key Efficiency Metrics for Enhanced Operations With Enverus PRISM® Activity Analytics
Understanding the timing of each stage of preproduction, known as efficiency metrics, is imperative for having confidence in forecasting cycle times of operators and service companies. This helps ensure equipment is fully utilized and groups know what’s needed for each development phase. To decipher efficiency metrics, it’s necessary to create a complete picture of what […]