In a widely publicized report from October 2020, the non-profit organization Carbon Tracker estimated there are over 2.6 million US onshore wells that are abandoned or orphaned and need to be plugged...
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Climate modeling by the International Energy Agency recommends Carbon Capture and Storage (CCS) as the crucial component to stabilizing global climate. The US Department of Energy recently predicted...
ARLAS, Analytics Ready LAS, built from the world’s most extensive digital well logs library, has hit the ground running in 2020! TGS started 2019 with zero predicted well logs in inventory but made...
A certain amount of volatility is baked into the oil industry; boom and bust cycles are to be expected when investing in this sector. However, the confluence of events that have occurred in the first...
TGS collects well performance data for every well in the United States, Canada, and Mexico, including production history starting in the 1920s and production forecasts tied to completions.
In “Supply Shortage in the Making”, we discussed US oil and gas production outlook in 2021 amid growing concerns of a potential domestic supply shortage. One aspect that will have a direct impact is...
As a continuation of the Well Intel series, we’re investigating the effect of temporary shut-ins on well performance. Shutting in wells is one of the more drastic approaches to take in response to...
The economic impacts of the pandemic and ensuing recession in the first half of 2020 are not yet entirely clear. Capital markets are showing signs of recovery, but consumer demand will likely lag for...
In a previous Well Intel post, ‘Abandoned Wells – How big is the problem, and what can be done?’, we discussed possible alternative uses for end-of-life oil and gas wells. One such use is repurposing...
In light of recent freezing temperatures in Texas around the one-year anniversary of Winter Storm Uri, we decided to analyze the impacts Uri had on natural gas production and flare volumes at the...

