Offshore Drilling Keeps Getting Deeper

In 2024, we expect a new world record water depth to be set for an oil and gas well when Occidental drills the Komodo-1 NFW in the Caribbean Sea offshore Colombia, potentially breaking the 4,000m mark. The current record is held by the Ondjaba 1 well, which was drilled by TotalEnergies using the Maersk Drilling […]
Boost for Nuclear Resurgence

The U.S. Department of Energy has issued a $1.52 billion conditional loan guarantee to Holtec International for the reopening of the shuttered Palisades Nuclear Plant in Michigan.
2024 upstream M&A on track to top last year’s 19 $1B+ deals

Q2 saw $30.2 billion of U.S. upstream deal activity, according to Enverus M&A Analytics, led by a $22.5 billion public company combination that continued a remarkable wave of E&P consolidation and highlighting the trend’s expansion beyond the Permian core.
Wind Capture Prices | Navigating Market Dynamics

Depending on the timing of generation and prevailing system demand, the wind capture price – the average electricity price a wind project receives for its power – can fluctuate above or below the average daily power price. Technology capture prices are crucial in power purchase agreement (PPA) price negotiations and significantly impact the project’s economics, […]
H&P goes global, agreeing to buy KCA Deutag for nearly $2B

Helmerich & Payne Inc. reached a definitive agreement to acquire Aberdeen-based KCA Deutag International Ltd. for $1.9725 billion cash, dramatically accelerating its international expansion.
Permian Basin Play Fundamentals

The Permian Basin, found in West Texas and southeast New Mexico, is the busiest basin in the U.S. by a factor of five. This blog highlights which operators own the majority of remaining Permian drilling inventory and how operator development choices impact well performance.
The Role of Residential Solar + Storage for Grid Load Optimization

U.S. federal and state governments are incentivizing distributed energy generation technologies like residential solar and storage to speed up decarbonization.
Segmenting Production Data: Turn Shut-In Wells Into Growth Opportunities

One of the key problems in truly understanding a well’s production profile and predicted estimated ultimate recovery (EUR) is that the producing lifecycle of a given well is often impacted by nearby operations, when an operator will need to shut in the well to avoid damage. A well may be shut in due to offset […]
Top 10 U.S. EPCs in 2023

Discover the top EPCs in renewable energy driving innovation and sustainability, providing cutting-edge solutions for a cleaner future.
Top 10 U.S. Transmission Line Owners by Miles

Explore the top 10 US transmission line owners since 2023, spanning 1,404 miles—equivalent to the drive from NYC to Miami. Discover their role in a resilient power grid.