Decline Rates: the consensus?

market expectations for global decline rates

…past decline rates, of 5.7%. Although the rise of shale is seen increasing global decline rates, this is apparently being outweighed by the rise of digital technologies and offshore innovations….

EOG’s Digitization: Pumped-Up?

EOG's digitization patent

EOG patented a new digital technology in 2019: a load assembly which can be built into its rod pumps: to raise efficiency, lower costs and lower energy consumption (i.e., CO2). This…

US shale: the quick and the dead?

Top US shale companies

It is no longer possible to compete in the US shale industry without leading digital technologies. This 10-page note outlines best practices, process by process, based on 500 patents and…

Reasons for travel: by purpose and mode of transport

Reasons for travel

…friends. The splits vary over time and by transport type. This breakdown suggests strong decarbonization potential from digital meeting technologies and remote working. Travel by vehicle. Autos are c95% of…

Blockchain: why so energy intensive?

energy costs for Blockchain

A single Bitcoin transaction currently uses c1,000kWh of electricity, which is 1 million times more than a traditional payment. Hence this 8-page note aims to explain how blockchain works, why…

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