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Strategies for Operators to Stay Ahead in a Hot M&A Market

Enverus

The following blog is distilled from Intelligence Research (EIR) publications and EIRs very own Andrew Dittmars media statements on the Diamondback acquisition. Diamondback is one of the largest players in the Permian Basin, second only to Exxon Mobil, based on gross operated oil volumes. [1] million per location. [2]

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When Numbers Lie: What Permian Basin Spacing Trends Don’t Tell Us About Well Performance

Novi

As an operator decides between 440, 660, or 880 foot spacing, what are the production impacts in each scenario? Operators have limited tools to forecast these scenarios because of limitations in physical and statistical modeling unique to shale wells. Figure 3: Spacing and production in the Delaware Basin.

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Expanding Machine Learning Models for Better Production Forecasting in Emerging Shale Basins

Novi

As consolidators move to acquire acreage in core shale basins, smaller operators are looking for opportunities in underappreciated basins and fringe areas in core basins. An operator seeking to expand into such an area must deal with higher uncertainty, whether through machine learning or any other forecasting method.

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UPDATE: Reports of Worker Fatalities during Manual Tank Gauging and Sampling in the Oil and Gas Extraction Industry

NIOSH Science: Oil & Gas

On May 19th, 2014, NIOSH posted a Science blog titled Reports of Worker Fatalities during Flowback Operations. The four workers were employed in the Williston Basin of North Dakota and Montana. The four workers were employed in the Williston Basin of North Dakota and Montana. Since the

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Texas Court Decides Who Owns Produced Water from Hydraulic Fracturing in Texas

Texas Oil & Gas Attorney

COG Operating LLC , was faced with the issue of who owns the water produced by a hydraulic fracturing operation: the oil and gas company operating the well or the surface owner and the company the surface owner leased its water rights to? The El Paso Court of Appeals , in the recent case of Cactus Water Services LLC v.

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AI in Oil and Gas – A Game-Changer for Efficiency and Profitability

Aresco

AI-powered technologies are enabling companies to optimize operations, enhance oil and gas exploration, and prevent costly disruptions. From predictive maintenance to real-time data analytics, AI solutions are revolutionizing how oil and gas companies operate, analyze vast amounts of data, and reduce risk across the board.

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The Meaning of “And” Determines Outcome of Oil and Gas Feud

The Energy Law

Delaware Basin Resources LLC , 08-20-00060-CV, the Court of Appeals for the Eighth District of Texas (El Paso) recently held oral argument on the proper construction of the word “and” used in a Delaware Basin oil and gas lease. The leases also required DBR to commence drilling operations within the primary term of three years.

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