article thumbnail

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.

article thumbnail

AI advisor helps geoscientists unlock the value of exploration data

IBM: Oil & Gas

Time is critical, but because the data is terabyte-class and the insights hidden in unstructured documents, the analysis is complex and time consuming. The project’s initial focus is the prolific Santos basin in Brazil. Plus, the results can be inconsistent due to the scientists’ inevitable subjectivity.

Oil 40
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Making the Invisible Visible – Delivering Clarity

Drillers

This can be as simple as removing unnecessary content or duplication or completely restructuring planning documents. The outputs are Lessons Learned documents for each discipline which are implemented before future drilling campaigns. Operator planning processes and documentation are the elephants in the room.

article thumbnail

The Challenges of DDR Data Entry and Cost Tracking in Oil & Gas Drilling

Oil Gas Leads

Properly documenting reasons for NPT and associating them with specific vendors or service providers can help recover costs and improve accountability. Non-Productive Time (NPT) Billing Discrepancies Many operators fail to capture and bill back Non-Productive Time (NPT) costs to contractors.

Oil 52