Riley Prescott

Apr 9, 2024 | enverus.com | Joseph Gyure |Bryn Davies |Riley Prescott |Phillip Dunning

In the biggest oilfield services transaction since 2016, SLB agreed to acquire ChampionX Corp. for $7.76 billion in stock, bringing an industry leader in production chemicals into the OFS giant’s fold. ChampionX’s $420 million in net debt brings the transaction to an $8.18 billion enterprise value.

Apr 9, 2024 | enverus.com | Joseph Gyure |Dai Jones |Bryn Davies |Riley Prescott

Offshore drilling is a complex and multifaceted process essential for accessing oil and gas reserves beneath the seabed. Exploration drilling is the initial phase, crucial for identifying potential oil or gas reservoirs. It involves the deployment of mobile drilling units to conduct exploratory drilling on selected sites. During exploratory drilling, wells are drilled targeting prospects identified through seismic surveys, typically taking 60 to 90 days each to complete.

Apr 9, 2024 | enverus.com | Bryn Davies |Riley Prescott |Phillip Dunning |Rob Allerman

Did you know that Enverus now has 18 offices around the world, with the most recent addition of the Brno office in Czechia. To mark the expansion of our #OneTeam values, a group of runners will participate in the country’s legendary relay event, the Vltava Run. Spanning an epic distance and stunning landscapes, the Vltava Run begins in the mountainous region of Southwest Czechia, in Šumava, and follows the Vltava River into the historic city of Prague.

Apr 4, 2024 | enverus.com | Phillip Dunning |Rob Allerman |Carson Kearl |Riley Prescott

Renewable integration has experienced a remarkable surge in Texas, with the installation of more than 9 GW of renewable capacity in 2023 alone. This additional renewable capacity has led to increased price volatility, which is advantageous for energy storage assets. As a result, there has been a significant increase in energy storage capacity with 2.7 GW of new installations.