U.S. drilling day rates end slide with hopes for modest recovery

U.S. drilling day rates appear to have turned the corner, moving higher in November across all the Enverus Day Rate Survey’s seven regions amid cautious optimism as 2024 approaches. The U.S. composite rate rose $58 to $23,679 from October after sliding $840 over the previous five months. For the Permian, the composite increase was a […]

OFS providers bask in bright outlook for activity outside U.S.

About Enverus Intelligence Publications
Enverus Intelligence Publications presents the news as it happens with impactful, concise articles, cutting through the clutter to deliver timely perspectives and insights on various topics from writers who provide deep context to the energy sector.

OFS firms hope Haynesville rebound won’t wait for LNG wave

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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 […]

DOE Hydrogen Hub Winners 

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Each hub developed a unique hydrogen production strategy that was chosen to best utilize the regionally available resources such as renewable energy type and quality, nuclear availability, existing infrastructure and carbon sequestration basin viability.

Gulf of Mexico Primer Redux

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Nearly a decade ago, Enverus, then known as DrillingInfo, posted a Gulf of Mexico (GOM) primer on its blog. It remains one of our most popular posts. A few things have changed since 2014, so we decided it was time for an update. Geology The geology of the GOM is largely Jurassic and Cretaceous, when […]

Remaining inventory winners and losers: A refreshed view

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 […]

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