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This is a collaborative article from Pritesh Patel, Shrav Gummadi and Dipti Patel. The Permian Basin is the most dynamic play in North America today. The Wolfcamp Delaware is holding its own at a price under $30 as breakeven in its first quintile wells. The Wolfcamp Midland is also very good but is still approximately $10 higher to breakeven. In the se..more
The industry adapted remarkably fast to the 2014 collapse in crude oil prices. Its survival was rooted in four factors: collapsing service sector prices, retrenchment to the core, improved well design, and learning. In the third quarter of 2016, the Lower 48 started showing signs of a robust recovery, and a year later, activity has doubled and grow..more
The frac sand industry is in a transition phase, seeing the emergence of regional Texas mines potentially becoming more and more important over the next 12 to 18 months. With around 60 million tons of new supply expected to come online in Texas from 2017 to 2018 through new greenfield mines and brownfield mine expansions, there could be a scenario w..more
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Since 2004, this independent O&G operator has recorded well data electronically, with daily numbers uploaded in minutes to foremen and engineers. As result, it reduced the time to create daily reports by 33% -- cutting two days off its monthly regulatory reporting cycle -- and increased production by identifying/correcting problems months earlier.
To gain an advantage in highly competitive energy markets, this industry leader leverages rapid, accurate analysis of global oil and gas projects -- from exploration to concept selection and field plan development -- that save time and deliver insights by comparing cost scenarios and production profiles.Learn more about our client’s successes
Based in Montana, this trio of oil and gas exploration and consulting companies gained access to comprehensive, up-to-date drilling data and was therefore able to reduce the time required to research drilling programs by up to 2 weeks-- which saves clients money on the front end -- as well as improving operational efficiency and minimizing risks
At this global energy company, decision makers gained access to timely, actionable intelligence that helped them bring in $8 million of additional value to their trading book in the first year while meeting other strategic goals and establishing a standardized decision making system for all trading teams.Learn more about our client’s successes