Top 3 pitfalls of using acreage math to calculate remaining inventory
Inventory is king in 2023. Operators and investors alike are more concerned than ever about remaining inventory – who has it, where is it, and will it be economic? To answer these questions, most turn to the tried-and-true, but also tedious and time-consuming method of calculating future well locations – acreage math. Acreage math has […]
Securing domestic supply of lithium
In last week’s issue of Energy Transition Today, we discussed the significant drop in solar capture prices in California over the past five years. This decline presents a valuable opportunity for solar projects to utilize co-located battery storage, charging them with affordable solar power during daylight hours and discharging the stored energy in the evening […]
What you should know about the future of mineral acquisitions
In the fast-paced world of minerals, timing is everything. With mature basins becoming the norm and no new shale plays on the horizon, mineral companies must embrace a forward-thinking mindset to stay ahead of the competition. In this blog post, Enverus will explore how an analytics-intensive approach can help mineral companies identify and seize M&A […]
A tale of 2 Canadian plays: Untapped value still remains
The Wild West: Reporting Canadian liquids The Wild West spirit lives on in Western Canada, at least when it comes to reporting condensate volumes in gas wells. Operators in the Western Canadian Sedimentary Basin (WCSB) do not consistently report these volumes due to the existing measurement and reporting guidelines for Alberta and British Columbia. This […]
Appalachian E&Ps see opportunities for savings later this year
Natural gas prices have been trending downward since August, with Henry Hub spot dropping from more than $9/MMbtu to around $2/Mmbtu. Enverus Intelligence® | Research’s most recent monthly Macro Forecaster report, available to EIR subscribers, predicts continued weakness, with Nymex gas averaging around $2.50 this summer and remaining in the $2.50-$3.00 range until winter 2024-2025. […]
Introduction to power purchase agreements for renewable energy
Power purchase agreements (PPAs) are an essential tool for traditional and renewable developers and buyers. A PPA is a contractual agreement between a generator and a buyer that outlines the purchase of electricity or ancillary services for a set time period. Developers can benefit from PPAs by securing a long-term revenue stream for their projects, […]
The Texas power market evolution
Performance credit mechanism In a decision that could reshape Texas’ power market, The Public Utilities Commission of Texas (PUCT) voted Jan. 17 to adopt the performance credit mechanism (PCM) market design, a strategy developed by consultant E3 in partnership with the commission. The PCM mechanism aims to provide payments to power units that are available […]
Sundown on California solar power premiums
California used to be a golden state for solar power producers, but recent changes in the market pose challenges for a technology expected to be a critical part of the state’s drive to meet its emissions targets. Depending on timing of generation and prevailing system demand, capture price — the average electricity price a renewable […]
Coterra’s big Permian projects defy degradation worries
Completion data recently released by Texas regulators spotlights the strong productivity of Coterra Energy’s large-scale Permian projects. The data includes two wells completed early this year on the company’s 14-well Prewit-Justify/Authentic project in Culberson County. The Authentic 13 C State 3H was fractured with 1,804 lb/ft of proppant and 35 bbl/ft of fluid across a […]
6 reasons to attend the Enverus 2023 EVOLVE Conference
The energy industry is rapidly evolving, affecting everyone from oil and gas operators, refiners and service providers, to renewables players, investors and power traders. EVOLVE is a two-day virtual event that combines our Play-by-Play Conference, led by our world class oil and gas and energy transition Intelligence team, with some of the most respected experts […]