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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. Forecasting the Northwest Shelf of the Delaware Basin One of these new areas of interest is the Northwest Shelf of the Delaware Basin.

Basin 52
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How Do We Inform a Model About a Well’s Surroundings?

Novi

In Part 4 of this series, we introduced causal modeling , and its utility in debiasing horizontal well datasets. All 3 scenarios used causal models to generate their forecasts, with identical geology and completions information feeding the models. Figure 1: Winerack scenarios in the Delaware Basin.

Basin 52
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Energy Transfer Caps 2024 with Strong Q4 and Full Year Earnings Results

Energy Transfer

The increase was primarily due to higher volumes in the Permian Basin, which was related to a 9% increase in legacy Permian throughput, as well as the addition of the Crestwood and WTG assets in November of 2023 and July of 2024, respectively. Adjusted EBITDA was $705 million compared to $674 million for the fourth quarter of 2023.

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Office Functions: There is a Better Way

Permian Basin Oil and Gas Magazine

With Tiny Pumper, his goal was to provide those companies with 99 percent of that utility for less than 5 percent of the cost, and to be installed in less time than it takes you to tie your shoe, he said. This is especially valuable in high-transaction environments like the Permian Basin, Elchitz observed. Data-Driven Decision Making.

Field 59
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Energy Transfer Continues 2024 Momentum With Strong Third Quarter Earnings

Energy Transfer

The increase was primarily due to higher volumes in the Permian Basin and Eagle Ford as well as the addition of the Crestwood and WTG assets in November 2023 and July 2024, respectively. This was offset by lower IT utilization in dry gas areas due to the lower gas prices and weaker spreads. Intrastate Natural Gas.

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Whitecap Resources, Veren to combine to form C$15 billion Canadian energy giant

Oil & Gas 360º

The combined company becomes the largest Canadian light oil focused producer and the seventh largest producer in the Western Canadian Sedimentary Basin, with significant natural gas growth potential. times net debt/funds flow, which is expected to continue to further strengthen to 0.8

Energy 130
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Pipeline Expansion = Affordable Energy

Marcellus Shale Coalition

New England customers are faced with higher-than-average utility bills, natural gas shortages that require power plants to run on fuel oil, and an electric grid straining to meet new demands for power as current policies discourage the construction of new plants.