Enverus

For nearly 25 years, we have led the way in critical insights, analytics, data and software for the Canadian energy industry. We understand that Canadian operators face unique challenges. With today’s unprecedented market volatility, it’s more important than ever to rely on more than just public data. Join Enverus expert Grant Byrnes on September 5th to explore how our latest PRISM updates can help you respond quickly with confident, data-driven decisions. This webinar will explore how Canadian operators can maximize value in the Montney with critical completion design datasets, stage-by-stage detail, and so much more. Register Now https://lnkd.in/gZGF522T

What does it mean to manage by exception? And how can it help oil and gas operators tighten up spend and improve capital efficiency? Check out this blog post today to learn all about managing by exception and discover how managing by exception can elevate efficiency in your upstream operations. https://lnkd.in/gQmUx56v #OilAndGas #SourceToPay #Energy

What would it mean for you to quickly get the answers you need pulling from 10+ years of oil and gas market intelligence? For Thomas Greene of Tenaris, it's incredibly impactful to have all the key points he needs available and summarized with Enverus Instant Analyst™. Learn more about Tenaris' journey here: https://lnkd.in/gj_w4tZY

GUINEA-BISSAU’S FIRST EVER DEEPWATER WILDCAT SPUDDED Apus Energy DMCC (a consortium between Petromal and LUKOIL) is believed to have spudded the long-awaited Atum 1X NFW at the western edge of the Block 2 (Sinapa) licence. This follows the arrival of the Diamond Offshore “Ocean BlackRhino” drillship onsite on 28 August, in ~890m water depth, making it Guinea-Bissau’s first ever deepwater well. The rig contract, valued at US$15.4 million (excluding mobilisation), was awarded in November 2023, following which well management and drilling services/equipment contracts were awarded to AGR and Halliburton, respectively. The frontier well will target the shelf-edge Atum prospect, which involves two stacked Albian sandstone objectives in a three-way closure, said to be analogous to Woodside Energy's Sangomar Field. The Atum sands are modelled to overly an Early Cretaceous carbonate platform margin, which could offer a deeper reservoir objective. The Anchova prospect has also been identified as the southern continuation of the Atum structure. The combined, unrisked recoverable resource estimate for Atum and Anchova stands at 498 MMbo (Pmean). There is also a proven oil-prone source kitchen (Cenomanian-Turonian aged) in the area, with Premier Oil’s Sinapa oil discovery (2004, 3,657m TD, ~35° API), located over 30km to the SE on Block 2. The spudding of Atum 1X has been a long time in the making, with former operator Svenska Petroleum initially launching the planning process over six years ago. The COVID-19 pandemic hampered progress, with a proposed CNOOC International farm-in also falling through at the time. Svenska eventually sold its Guinea-Bissau subsidiary in May 2021, handing PetroNor E&P ASA operatorship of Blocks 2, 4A and 5A. With Oslo-based PetroNor on the hunt for partners to advance with the exploration programme and Lukoil expressing interest, a unique arrangement was reached, likely to circumvent any repercussions from the international sanctions against Russian firms. The Dubai-registered Apus Energy was established in May 2023, with Petromal LLC (owns 34% of PetroNor) holding a majority ownership of the SPV, in partnership with Lukoil. Apus then completed the US$85 million acquisition of PetroNor’s 90% operated stake in the three blocks in October 2023. Follow this link https://bit.ly/3SueI4r to learn more about the Enverus Global Scout products by diving deeper into our database, maps and reports, and finding out how we help companies of all shapes & sizes stay ahead of the curve. Stay tuned for future Africa E&P posts and feel free to reach out to me on LinkedIn. #enverus #enverusglobal #upstream #scouting #guineabissau #apusenergy #exploration

Join us in celebrating workers and the important contributions they’ve made to our society. Happy Labor Day to our teammates friends and family throughout the U.S. and Canada.

📣 New in Enverus MarketView®: Argus Japan Korea Low-Carbon Ammonia Benchmark (JKLAB) Index for Low-Carbon Ammonia 🌱 Unlock the Potential of Low-Carbon Ammonia: • Standardized pricing: Make informed decisions with a reliable market-based price reference for low-carbon ammonia. • Streamlined negotiations: Simplify and accelerate offtake agreements with a clear, consistent price benchmark. • Investment opportunities: Gain confidence in investing in low-carbon hydrogen production and infrastructure. • Decarbonization efforts: Support the transition to cleaner energy sources in Northeast Asia. Elevate Your Trading with MarketView®: • Real-time data: Access the JKLAB and other critical market data instantly. • Advanced analytics: Leverage powerful tools for deeper market insights. • Customizable dashboards: Tailor your experience to your needs. • Seamless integration: Enhance your existing workflows effortlessly. Discover how the JKLAB Index and MarketView® can revolutionize your low-carbon ammonia trading strategies. https://lnkd.in/gpJ_8kVM #EnverusMarketView #ArgusMedia #LowCarbonAmmonia #EnergyTransition

Is your team looking to perform the most accurate, well-level analyses? Are you curious about exploring the power of the best liquids and spacing models in the industry? Enverus PRISM® delivers unparalleled insights, with its in-depth analysis of completion, spacing, forecasting and economics metrics all located in one place. Have a closer look at PRISM and see how you can level up your acquisition and development strategy. https://lnkd.in/gDYnUe8Q

With large quantities of materials and equipment involved in oil and gas operations, any discrepancies or errors in inventory tracking can have significant financial implications. In this blog post, we explore how the latest innovations in oil and gas technology are helping operations, supply chain and accounts payable teams optimize materials and equipment transfer processes and realize substantial time and cost savings. https://lnkd.in/g3vi8Jri #OilAndGas #SourceToPay #Energy

Renewable energy project development is highly competitive with multiple factors contributing to the process. One crucial stage is the site screening, which lays the foundation of a successful venture. In this on-demand webinar, Robin Grathwohl, product manager, explores siting a wind project with essential steps: • Integrated resource plans • Planned transmission lines • Available transfer capability • Buildable acreage • Parcel ownership Watch Now: https://lnkd.in/gdmZjKEN

Our annual Williston Play Fundamentals report is out. Bakken operators need to focus on redevelopment due to limited sub-$50/bbl breakeven locations. Check out our release that highlights strategies like refracs, tight-infills, drill-overs, and lease line wells to unlock nearly 3,000 additional locations. https://lnkd.in/gf3AbSRt