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The Wolfcamp Formation within the Permian basin and each of its shale benchmarks provides an excellent example of how we can use petrophysical data to gain insight into where an asset holds its current value, and how much potential it may have for future further development. The Wolfcamp is a very thick formation throughout t..more
The Permian Basin in Texas is currently the most exciting place in the world for upstream companies. Though the basin has been producing for many decades, the unconventional revolution has uncovered a whole new world of resources to be explored, delineated, and developed. The key to the excitement is not simply that the basin ..more
Natural gas production in the Permian Basin is growing rapidly along with oil. Dry natural gas production increased during 2016 by nearly 900 Mmcfd, reaching almost 6.2 Bcf per day by December. During most of 2016, no evidence emerged of any constraint in gas pipeline capacity leaving the Permian, as gas price differentia..more
Ongoing ANP Round 14-understand basin evolution & stratigraphy & compare assets. Report options-… https://t.co/6ktkOBsEGn
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At this global energy company, the Market Intelligence team – which supports procurement decisions totaling $13.5 billion annually – cut in half the number of source locations that analysts must access to gather information and reduced by 50% the time required to generate reports/charts for decision makers.Learn more about our client’s successes
For 30+ years, this E&P company has thrived by adopting transformative technologies. Recently it began using a new system to increase profits by reducing geosteering operations from hours to minutes with real-time data, improving communication efficiency between engineers and geophysicists, and by integrating seismic information with well data.
This regional energy exploration and production company reduced the time required to generate monthly reports from 1 day to 20 minutes and reduced the workload from 2 full-time positions to one. Experienced staff now spends time making decisions instead of making reports and pumpers' accuracy has improved, too.
This Danish energy firm makes expert use of an IHS tool to meet tight deadlines for project bids -- eliminating the need for hundreds of hours of manual cost-estimation and saving 75% of the time required to ramp up an outside contractor -- while giving decision makers confidence in the estimates’ proven accuracy.Learn more about our client’s successes