Freeing Your Subsurface Data: An Open Alternative to Proprietary Project Storage
Every E&P shop that runs Schlumberger's Petrel has the same quiet problem, and most of them have made peace with it
#Oil & Gas
The Data-Layer Land Grab: What Blackstone Buying Enverus Tells You About Where Energy Capital Is Going
In The Missing Middle, we flagged a single deal as the quiet tell underneath the 2023–24 wave of oil and gas mega-mergers: in August
Non-Op and the DrillCo Model: How Capital Partners Deploy Into Wells Without Operating Them
There's a structural problem every capital partner in oil and gas eventually runs into: the best drilling inventory is controlled by operators, and
The Hidden Liabilities That Wreck Oil & Gas Returns: P&A, Orphan Wells, and the ESG Overhang
Every oil and gas acquisition model leads with the same thing: the cash flow. The decline curves, the PV-10, the type curves, the upside. What
Reserves-Based Lending Explained: How the Borrowing Base Actually Works
If you put capital into oil and gas — as a sponsor, a credit fund, or a mezz lender — you cannot understand a producer's
The Reserves Trap in Diligence: Why "AI" Type Curves Inflate the EUR You're Buying
When a private-equity fund or a capital partner buys an oil and gas asset, what they're really buying is a number: the estimated
Minerals & Royalties as an Asset Class: Why Private Equity Keeps Rolling Up Royalty Interests
Most of what we've written about minerals and royalties on this blog is from the owner's chair — how royalties pay, how
Overriding Royalty Interest (ORRI), Explained: The Royalty That Dies With the Lease
Across the pieces we've written on who owns a well — the mineral royalty, the working interest, the lease-or-participate decision — one interest type keeps
Lease or Participate? How a Mineral Owner Chooses Between a Royalty and a Working Interest
You own the minerals, and a well is coming. At some point an operator hands you a choice that will shape the entire economics of
Working Interest Explained: The Other Half of Who Owns a Well — and How It's Calculated
We've written a lot on this blog about the mineral owner's side of an oil and gas well — royalties, division orders,
How to Get a Job in Oil & Gas with AI and Automation Skills
There's a particular kind of candidate the oil and gas industry is quietly desperate for right now, and it is not the best
The Stripper-Well Economy: The 900,000-Well Long Tail Nobody Builds For
When people picture the American oil business, they picture the wrong well. They picture a gusher, or a two-mile Permian lateral making thousands of barrels
Division Orders Explained: How Owners Actually Get Paid (and Where the Errors Hide)
A well comes in on minerals you own, and a few months later an envelope arrives: a division order. It asks you to certify your
The Unleased-Owner Trap: How Texas Drills Your Minerals Without Your Signature
Most mineral owners believe something reassuring and slightly wrong: that nobody can produce oil and gas from under their land unless they sign a lease.
What PVT Actually Is — And How Getting It Wrong Quietly Breaks Everything Downstream
Ask a room of non-engineers what determines how much oil a field will produce and they'll say something about the size of the