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Pre-Drilling Activities in the Permian Up 8.5% in December 2021

Pre-Drilling Activities in the Permian Up 8.5% in December 2021

January 13, 2022

Analysis from Sourcenergy DirtWork AlertTM detected an increase of 8.5% in pre-drilling activity in the Permian Basin in December 2021 compared to November 2021. 713 oil & gas pre-drilling activities were detected in December compared to 657 in November.  These detections include well pad and frac pond developments, and in many cases, are discovered before […]

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Permian Basin Pre-Drill Activity Detections Increase 6% in November

Permian Basin Pre-Drill Activity Detections Increase 6% in November

December 10, 2021

Analysis from Sourcenergy DirtWork AlertTM  detected a 6.3% increase in pre-drilling activity in the Permian Basin compared to October 2021. 657 oil and gas pre-drilling activities were detected in November compared to 618 in October.  These detections include well pad and frac pond developments, and in many cases, are discovered before a permit has been […]

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Plans and Indicators to Drill New SWDs Down 36% in November 2021

Plans and Indicators to Drill New SWDs Down 36% in November 2021

December 9, 2021

Before any permit for a new salt water disposal or injection well can be filed in Texas or New Mexico a public notice of intent is required to be published for public viewing and comment. Only Sourcenergy captures and tracks these notices which provides insight into future drilling plans ahead of the drilling permit. Sourcenergy […]

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TXOGA Energy Forum Features Sourcenergy at First-Ever Technology Showcase

TXOGA Energy Forum Features Sourcenergy at First-Ever Technology Showcase

December 7, 2021

Sourcenergy was selected to present at the TXOGA Lone Star Energy Forum in Irving, TX last month. The event opened with their first-ever Technology Showcase. If you missed it you can watch the replay here. Josh Adler, CEO, Sourcenergy, provides a quick walk through of the Sourcenergy line up of services starting at 4:36. You’ll […]

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Sourcenergy Releases New Platform Features and Capabilities to Tackle Induced Seismicity Restrictions

Sourcenergy Releases New Platform Features and Capabilities to Tackle Induced Seismicity Restrictions

December 6, 2021

Sourcenergy has built in new features and capabilities into their platform to help tackle the challenges of induced seismicity and the recent Texas Railroad Commission restrictions in and around “Seismic Response Areas” (SRA). Here’s a look at the Gardendale SRA as set by the Texas Railroad Commission. The red oval lines represent the geographical Gardendale […]

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True Story from a Mineral & Royalty Buyer

True Story from a Mineral & Royalty Buyer

November 30, 2021

Don’t take it from me. Take it from one of our customers. This Delaware Basin-focused mineral and royalty company uses our DirtWork AlertTM tool to create value and get an edge over their competition when looking at new acquisitions. You’ll hear, in their own words, why they needed better data and analytics and how DirtWork […]

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Seismicity, SRAs and Water Trends in the Permian Discussed at Hart Energy EOC in Midland

Seismicity, SRAs and Water Trends in the Permian Discussed at Hart Energy EOC in Midland

November 17, 2021

At Hart Energy’s Executive Oil Conference in Midland, November 3-4, Sourcenergy founding CEO, Josh Adler, presented a definitive look at Permian water market trends since 2020, the risks and impacts of induced seismicity in the Permian, and the benefits of using AI, satellite imagery and GPS data for real-time tracking of well pads, frac ponds and frac crews. The […]

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October Pre-Drill Activity Detections Drop Nearly 3% in the Permian Basin

October Pre-Drill Activity Detections Drop Nearly 3% in the Permian Basin

November 9, 2021

October 2021 sees a 2.8% drop in pre-drill activity in the Permian Basin compared to September 2021. 618 pre-drilling activities were detected in October compared to 636 in September. Many of these activities are in progress before a permit has been filed. Here are the top 10 operators driving this activity along with associated detections: […]

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