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Enverus EVOLVE: Creating the future of energy with AI, intelligence and innovation

Enverus

In total, EVOLVE welcomed attendees from more than 350 energy companies, including oil and gas operators, financial institutions, midstream firms, oilfield service providers and renewable energy developers. Asset Optimization: Permian inventory is increasingly scarce, with seven operators controlling 71% of remaining sub-$50/bbl inventory.

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DJ Basin Update: Low-Cost Production, Rising Gas Ratios, and Strategic Shifts Amid Regulatory Pressure

Oil Gas Leads

While it lacks the scale of the Permian or Eagle Ford, the DJ offers operators attractive breakeven costs, strong midstream infrastructure, and a strategic position for gas-weighted growth. While not as prolific as the Permian or Eagle Ford, it offers strong midstream infrastructure and low breakeven costsmany sub-$50/bbl.

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Permian Basin Drives 80% of U.S. Tight Oil Boom Since 2010

Oil Gas Leads

million b/d ( 45% from 2020) Non-Permian Tight Oil (2024): 4.1 from 2020) Permian Plays Driving Production Permian Play 2024 Production Notes Wolfcamp 3.4 million b/d ( 45% from 2020) Non-Permian Tight Oil (2024): 4.1 from 2020) Permian Plays Driving Production Permian Play 2024 Production Notes Wolfcamp 3.4

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SM Energy Slows the Drill Bit in 2025: What the Data Tells Us About Permian Rig Reductions

Oil Gas Leads

Taking them offline reflects a shift toward DUC (drilled but uncompleted) inventory building , a strategy SM effectively deployed during the 2020 downturn. SM Energy has parked two of its most active rigs : Rig Contractor Total Wells Avg Days Between Spuds Last Activity Rig 43 Latshaw 23 wells 16.5

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