Navigating the Intricacies of Offshore Drilling
Offshore drilling is a complex and multifaceted process essential for accessing oil and gas reserves beneath the seabed. Exploration drilling is the initial phase, crucial for identifying potential oil or gas reservoirs. It involves the deployment of mobile drilling units to conduct exploratory drilling on selected sites.
Deciphering Minerals Upside: An Analytics-Intensive Approach
With West Texas Intermediate oil at $100+ per barrel and Henry Hub natural gas quadruple its 2022 open, non-operated interest investors have an unprecedented opportunity to cash in on commodity prices as each operator drills to drive their own capital return strategy. But absent a working interest, non-ops lack any decision-making power in an operator’s […]
Data Gathering — Effectively Improving Enverus’ Log Coverage
Geologists have used wireline logs as a tool for nearly 100 years to measure rock properties down a borehole — a fundamental need in analyzing the subsurface. Originally, these logs were printed on long sheets of paper and interpreted by hand with pencil crayons. This process was time-consuming for large-scale interpretation and often limited the […]