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Building a Successful Career In Energy Consulting – The Definitive Guide

Navigate Power

The energy consulting industry offers an exciting and lucrative career path for professionals with a passion for business development and helping companies optimize their energy spend. What Does an Energy Consultant Do? What Does an Energy Consultant Do?

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One Man’s Waste is Another Man’s Treasure: Texas Appellate Court Holds that Produced Water Belongs to Mineral Owners

The Energy Law

The Court began its opinion by looking to the statutory and regulatory definitions of “water” and “produced water” because neither were defined in COG’s mineral leases. That being the case, Justice Palafox did not believe the regulations had any role in determining the ownership of produced water. —El Paso July 28, 2023, no pet.

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Proved Reserves Beyond Low (LKO) and High (HKO) Known Oil

CG&A

what other data might exist to build the case for up-structure oil?Consider what other data might exist to build the case for down-structure oil? Volumes above the Highest Known Oil A cross section of our example well is provided in Figure 1.Without is always best to gather ALL the available data to determine the most likely answer.So

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How to Read a Cash Flow Statement in a Reserve Report – Part III

CG&A

In this case, GROSS historical oil/gas production and well count are shown prior to the December 31, 2019 effective date, and GROSS forecasted values are shown after this date. The rest of the reserve report (report letter, table of contents, individual well analysis, reserve definitions, etc) all serve to support the summary cash flow.

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Booking PUDs in a “Proven Area”… Use Caution Applying Reliable Technology

CG&A

Sometimes this is the case, but not always.And have there been enough 2.0 mile, to 1.5 mile, to 2.0 mile laterals, but the current development plan is for 2.0 mile wells, then the anticipated or targeted improvement in recovery would be 33.3% (assuming no other changes).Sometimes Other types of changes can be more complicated to track.

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Five Lessons Learned from Executing Shale Drilling Transactions

The Energy Law

In these cases, when designing the drilling and earning transaction, consider packaging one or more conventional formations with an unconventional shale formation to create a designated “earning zone”. This incentive may help the Lease Party find a willing partner to drill in an otherwise down market for drilling transactions.

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Top 10 most important actions to ensure successful digital transformation

Yokogawa

According to McKinsey, Deloitte and many more consulting companies, over 70% of digital transformation initiatives have failed. Technology is crucial, not as a dedicated solution and possible use cases but as a foundation of whole transformation and fundaments for a company-wide information lake. That is OK.