Energy Transition Deal Count Similar YOY, But Value Surges
![Enverus Press Release - Upstream M&A sails on with $30 billion in 2Q24](https://www.enverus.com/wp-content/uploads/2024/07/Enverus_Press_Release_Q2_2024_MA_Thumbnail-1024x792.jpg)
There were 115 U.S. transactions related to renewable energy announced in 1H24, according to Enverus Energy Transition M&A data. Disclosed values totaled $30.8 billion.
There were 115 U.S. transactions related to renewable energy announced in 1H24, according to Enverus Energy Transition M&A data. Disclosed values totaled $30.8 billion.
Offshore Drilling Keeps Getting Deeper
![Enverus News Release - Banking on Buzios’ oil supply](https://www.enverus.com/wp-content/uploads/2023/03/Enverus_Press_Release_Brazil_Oil_Supply_Thumbnail-1024x686.jpg)
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
![nuclear-worker](https://www.enverus.com/wp-content/uploads/2024/05/nuclear-energy-tandr-featured-image-1024x683.png)
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
![Person-P&R-Solutions-Page-Manage-and-Optimize](https://www.enverus.com/wp-content/uploads/2023/05/Person-PR-Solutions-Page-Manage-and-Optimize.png)
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
![Enverus Press Release - Returning to growth: US power demand forecast highlights impact of data centers, EVs and solar](https://www.enverus.com/wp-content/uploads/2024/07/20240716_Enverus_Press_Release_Power_Demand_Forecast_Thumbnail-1024x683.jpg)
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
![Enverus Press Release - Canadian oil sands: Back in the limelight](https://www.enverus.com/wp-content/uploads/2024/07/Enverus_Press_Release_Canadian_Oil_Sands_Thumbnail-1024x683.jpg)
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
![Enverus News Release - Quantifying unproven inventory in the Permian](https://www.enverus.com/wp-content/uploads/2023/08/Enverus_Press_Release_Permian_Inventory_Thumbnail-1024x681.png)
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
![kid-solar-gallery](https://www.enverus.com/wp-content/uploads/2024/04/kid-solar-gallery.jpg)
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
![Enverus Press Release - Enverus releases top 100 private E&P operators list](https://www.enverus.com/wp-content/uploads/2024/06/Enverus_Press_Release_Top_100_Private_Operators_2023_Thumbnail-1024x683.jpg)
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
![epc](https://www.enverus.com/wp-content/uploads/2023/11/onboarding_step3_image-1024x576.jpg)
Discover the top EPCs in renewable energy driving innovation and sustainability, providing cutting-edge solutions for a cleaner future.