Background/Challenges A private equity backed team of 2 executives had been working with NTG Auburn for nearly one year establishing asset management models to engage when and if the team successfully purchased an operating property. The team was able to negotiate directly with a seller (no bid process) for 500 wells, 21,000 BOE/day in the…
Background/Challenges An international firm’s US subsidiary had a large non-operating position but had never been the operator of record in the United States. The firm’s management worked with NTG Auburn for nearly one year establishing asset management models to engage when and if the team successfully purchased an operated property. The team was able to…
SPRING, TX, June 20, 2023 (GLOBE NEWSWIRE) – Smart Sand, Inc., a leading provider of sand, wellsite technology, and logistics solutions to the energy industry, (NASDAQ: SND) announces a groundbreaking conceptual whitepaper demonstrating the actual impact of proppant choice in wellsite profitability. This paper suggests that Permian operators may address their productivity concerns by revisiting…
The Permian Basin has a long history of using hydraulic fracture stimulation to enhance oil recovery and long term well performance. Over the last several decades thousands of wells have been hydraulically…
Wellbore schematics are essential tools in the energy industry, particularly in the oil and gas sector. They provide a graphical representation of the subsurface geological formations, the location of the wellbore, and the various components of the well, such as the casing, tubing, and cement. The value of well barrier schematics lies in their ability…