SLB taking home the prize in $8.2B ChampionX acquisition
In the biggest oilfield services transaction since 2016, SLB agreed to acquire ChampionX Corp. for $7.76 billion in stock, bringing an industry leader in production chemicals into the OFS giant’s fold. ChampionX’s $420 million in net debt brings the transaction to an $8.18 billion enterprise value.
Navigating the Intricacies of Offshore Drilling
Offshore drilling is a complex and multifaceted process essential for accessing oil and gas reserves beneath the seabed. Exploration drilling is the initial phase, crucial for identifying potential oil or gas reservoirs. It involves the deployment of mobile drilling units to conduct exploratory drilling on selected sites.
360km, 12 runners, 6 countries, #OneTeam
Did you know that Enverus now has 18 offices around the world, with the most recent addition of the Brno office in Czechia
Revolutionized Inventory Planning
In an exclusive look into the future of inventory management, our webinar dove into how our newest innovation in strategic planning can enhance capital deployment decisions.
ERCOT Energy Storage | Paths to Profit
Renewable integration has experienced a remarkable surge in Texas, with the installation of more than 9 GW of renewable capacity in 2023 alone.
Buying Mineral Rights in Texas?
Are you considering buying mineral rights in Texas? Before you take the next steps, familiarize yourself with the comprehensive information we’ve presented in this blog post.
From data to decisions: The role of AI in enhancing oil and gas operations
The energy sector is definitely drawn to the potential of artificial intelligence (AI). The promise of making things work better and more efficiently is too tempting to ignore.
CAISO This Month: Transmission Outages and Bearish Prices
For much of March, the California Independent System Operator (CAISO) experienced significant fluctuations in power prices due to congestion, transmission outages and bearish pricing trends in SP-15. My team used Panorama to better understand and the Power Market Publications in Mosaic to explain the wholesale power market trends going on this month to our customers.
Data Center Demand | Framing the Frenzy
One of the most common and important questions for the power sector today is what impact artificial intelligence and the data centers needed to generate it will have on energy consumption.
Taming midstream costs: Refined expense accruals
Midstream is caught between a rock and a hard place. On one hand, gathering and pipeline operators, processors, storage and energy marketers face abundant opportunities and challenges when meeting customer demand.