Enverus Inc.
About
Enverus’ energy-dedicated SaaS platform offers real-time access to analytics, insights and benchmark cost and revenue data sourced from 98% of U.S. energy producers, and more than 35,000 suppliers. Its oilfield services software tracks the entire well life cycle in real time.
Headquarters Address
2901 Vía Fortuna #100
Austin, TX 78746
United States
Website
www.enverus.comNews
Electrifying Permian Could Threaten West Texas Power Grid—Enverus
Emissions reduction targets and cryptocurrency mining could double power demand and threaten the grid in West Texas by 2040, according to a report by Enverus Intelligence Research.
Mighty Midland Still Beckons Dealmakers
The Midland Basin is the center of U.S. oil drilling activity. But only those with the biggest balance sheets can afford to buy in the basin's core, following a historic consolidation trend.
Exclusive: Andrew Dittmar Expects Increased Public M&A in 2024
In this Hart Energy LIVE Exclusive, Andrew Dittmar, Enverus Intelligence's senior vice president, compares 2023 consolidation to what he expects in 2024, including more public to public deals.
Element3 Extracts Lithium from Permian’s Double Eagle Wastewater
The field test was conducted with wastewater from a subsidiary of Double Eagle Energy Holdings’ produced water recycling facility.
Analyst: Chevron Duvernay Shale Assets May Sell in $900MM Range
E&Ps are turning north toward Canadian shale plays as Lower 48 M&A opportunities shrink, and Chevron aims to monetize its footprint in Alberta’s Duvernay play.
4Q Deal-Making Was $144B; What’s Next?
U.S. takeout targets are few now. Operators may go abroad to add reserves, according to Enverus. Private E&Ps may pick up offshoots from portfolio pruning.
A Year of Probable Improvement: The Energy Transition in 2024
The year ahead could include more technology stacking, commercialization of geothermal technologies and improved economic conditions, analysts say.
Pitts: Is Vaca Muerta Argentina’s Permian?
Can Argentina’s Vaca Muerta Shale play truly garner the title of the Permian 2.0, which is a play that replicates the Permian Basin’s success? Yes, in terms of geology and game-changing potential, but no in terms of eventual production volumes.
US Drillers Cut Oil, Gas Rigs for Third Week in a Row
The oil and gas rig count, an early indicator of future output, fell by one to 621 in the week to Jan. 5.
Fury Road: Will $450MM Battalion M&A Fuel More Go-private Deals?
Delaware Basin E&P Battalion Oil is being acquired in a go-private transaction by a newly formed E&P Fury Resources. Could go-private sales become more common for small E&Ps with limited runway in the public markets?
US Drillers Cut Oil, Gas Rigs for First Time in Five Weeks
The oil and gas rig count, an early indicator of future output, fell by three to 623 in the week to Dec. 15.
US Drillers Add Oil and Gas Rigs for Fourth Week in a Row
U.S. energy firms this week added oil and natural gas rigs for a fourth week in a row for the first time since November 2022.
Enverus: E&Ps Eye Deeper, Fringier Targets as Permian Basin Matures
As the core of the Permian Basin gets drilled up, E&Ps see years of upside from fringier acreage and unproven targets deeper underground. But these targets will be more expensive to develop, experts say.
M&A: Permian Buyers, Sellers Find ‘Goldilocks’ Zone in 2023
Permian Basin M&A has taken off in 2023 largely because buyers and sellers are in a ‘Godilocks’ zone in which prices are just right, executives at RBC Capital Markets and Jefferies said.
A&D Minute: Enverus Weighs in on Exxon's $60B Pioneer Deal [WATCH]
In this week's A&D Minute, Enverus' Andrew Dittmar breaks down how shale independent companies may become targets if majors decide to pursue corporate level acquisitions.