Royalty M&A 2023 debut: Kimbell’s Midland Basin $143M buy
While there are plenty of potential big deals on the horizon hinting at a busy Q2 for U.S. upstream M&A, last week remained slow with just one deal announced with a price tag exceeding $10 million. That transaction did highlight an interesting development — more than three months into 2023, it was the first significant […]
Energy Transition Today: EPA jumpstarts EV uptake
The pace of electric vehicle (EV) adoption is hastening around the world, with China set to surpass 30% of new sales in 2023. The U.S. Environmental Protection Agency (EPA) announced its plan to significantly increase regulation on tailpipe emissions, so much so that it would require between 54%-60% of new vehicles sold in the U.S. […]
Introducing CCUS Play Fundamentals
Enverus Intelligence Research (EIR), a subsidiary of Enverus, the most trusted energy-dedicated SaaS platform, has released its inaugural CCUS Play Fundamentals report evaluating the full, source-to-sink value chain of carbon capture and storage at the national, regional and projects levels.
Permian gears up for M&A bonanza as PE steers toward the exits
This article originally appeared in the Enverus Weekly Market Pulse Report. Last week’s $4.3 billion acquisition of three Midland Basin-focused EnCap portfolio companies by Ovintiv was the biggest Permian deal since ConocoPhillips bought Shell’s assets in September 2021 and kicked off 2Q23 M&A with a bang. Ovintiv shareholders didn’t seem to mind the scale and […]
2023 banking crisis: What does it mean for oil prices?
Some very prominent banks (Silicon Valley Bank, Credit Suisse, Signature Bank) are shaking the very foundation of the financial system, which is spilling over and causing some significant downward pressure within the oil markets. No doubt this all appears frightening, but let’s step back and take a look at what it really means for the […]
CCUS: Separating winners from losers
The Inflation Reduction Act supercharged activity along the carbon capture, utilization and sequestration (CCUS) value chain and accelerated the race to secure partnerships with emitters and landowners for CO2 storage. As excitement turns to action, attention is shifting to evaluating risks along the value chain and to the factors that will distinguish successful projects. Enverus’ […]
Analyst Takes: Looking back at March energy trends
As we welcome April, it’s important to reflect on the energy landscape of the previous month. Our Enverus Intelligence® | Research (EIR) team has examined critical trends and developments, providing insightful analyst takes that can inform your business decisions. By staying informed, you’ll be in a strong position to capitalize on upcoming energy opportunities in […]
6 tax preparation tips for mineral and royalty managers
With tax season upon us, mineral and royalty owners face the daunting task of filing for their oil and gas revenue streams. Adding to the unique complexities are the different tax implications and deductions at the federal, state and local level. Anyone who has filed taxes for oil and gas income knows of the most […]
The impact of load growth and datacenters on ERCOT prices: A new era for West Texas?
In the past, the energy market experienced significantly low prices during extreme lows of net load in West Texas. However, recent observations indicate these ultra-low prices are becoming rarer. The increasing presence of price sensitive datacenters in West Texas is believed to be a major driver behind this change. Let’s explore the effects of these […]
3 price management capabilities to offset cost inflation
1981. That was the last time cost inflation was this high. Cost inflation combined with a weak economy led to what some could argue was the worst recession since the Great Depression. 1981 was also the peak of the oil boom when oil prices were $31.77 per barrel. A period of prosperity for oil and […]