Ted CrossWhether exploring for oil offshore Brazil or scaling type curves in Lea County, engineers and geologists rely upon the power of analogy ...
Garth Stottstrust me, I’m an objective engineer: uncovering the inherent bias in oil and gas forecasts
Capital allocation decisions made by Engineers that work at E&P companies are completely rational and unimpacted by their own experiences or personal ...
First large bankruptcy filing begs the question :: is there hidden value in Whiting’s un-drilled acreage worth bidding on?
Earlier this month, Whiting Petroleum (NYSE: WLL) declared bankruptcy, becoming the first high-profile E&P casualty in the Coronavirus downturn. While it's unclear ...
Playing enough short game to get to the long game :: revisiting the Parsley-Jagged deal at $30 strip
Golf, like drilling oil wells, is a strategy game. When do I go for the green versus laying up and saving par? ...
John ChaplinThe confidence game: optimizing completions for XEC DUC wells in the Delaware using model confidence as a proxy for risk
IN THIS POST: Introduction: Problem we are trying to solve; methodology we are applying to solve it Where is XEC's DUC inventory? Maximizing 2 year ...
DUC, DUC, GOOSE: In a sub-$30 oil environment how can NBL maximize returns with less CAPEX spend in their Delaware asset?
Given the extreme capital constraints imposed by a lower commodity price environment, many operators have announced CAPEX reductions and significant rig layoffs. ...
change of plans: how QEP could optimize returns in their Midland asset in a low-price environment
Using Novi to evaluate options to balance inventory, reserves and capital for QEP’s 2020 program in the Midland Should QEP change its development ...
Jon Ludwig5 ways digital oilfield solutions might save the Shale industry
DIGITAL OILFIELD TECHNOLOGY Overview Let's face it, the last two to three weeks have been a complete train smash for shale operators and investors. ...
less than 10% of remaining Bakken inventory is in the play core
With the current oil price downturn, many have started to wonder whether activity in the Bakken will ever return to its previous ...
oil and gas well spacing and completions: untangling complex interactions with machine learning
After choosing where to acquire an asset, the biggest levers an operator has for development are choosing spacing and completions designs. This ...