𝙒𝙝𝙖𝙩 𝙘𝙖𝙪𝙜𝙝𝙩 𝙢𝙮 𝙖𝙩𝙩𝙚𝙣𝙩𝙞𝙤𝙣? 2024 was confirmed as the warmest year on record, with a global average temperatures 1.60°C above pre-industrial levels, marking the first calendar year to exceed the 1.5°C threshold, with record-breaking monthly and daily temperatures throughout the year.
𝙒𝙝𝙖𝙩 𝙘𝙖𝙪𝙜𝙝𝙩 𝙢𝙮 𝙖𝙩𝙩𝙚𝙣𝙩𝙞𝙤𝙣? Power and gas (THE theme of 2025) comments from Kaes Van’t Hof, Diamondback Energy’s CFO, during their last earning’s call. Specifically, the opportunity to allocate capital to power generation and “stop selling your gas for zero and paying full boat for power.”
𝙒𝙝𝙖𝙩 𝙘𝙖𝙪𝙜𝙝𝙩 𝙢𝙮 𝙖𝙩𝙩𝙚𝙣𝙩𝙞𝙤𝙣? Discussion of a CO2 injection fee as high as $8/t in Louisiana following a meeting in Allen Parish to hear about a proposed project (the 300 Mt Magnolia Sequestration Hub targeting the Frio formation) from Occidental Petroleum’s subsidiary 1PointFive.
𝙒𝙝𝙖𝙩 𝙘𝙖𝙪𝙜𝙝𝙩 𝙢𝙮 𝙖𝙩𝙩𝙚𝙣𝙩𝙞𝙤𝙣? TSMC shared an eye-catching forecast during its earnings call this week: revenue from AI accelerators is expected to double in 2025, following a tripling in 2024. The company projects AI accelerator revenue to grow at a mid-40% CAGR over the next five years.
You could distill the themes for 2025 down to that. Check out this post from Enverus’ CEO, Manuj Nikhanj on the work our team is doing:
The intersection of power and natural gas is dominating the North American energy narrative. Power isn’t just influencing natural gas, it’s transforming every facet of the energy landscape from upstream oil and gas investments to clean energy solutions. With the data center boom driving a projected 12GW load growth by 2030, E&P companies are uniquely positioned to meet this surging demand by offering reliable, low-carbon baseload power. Companies like XOM and CRC are already seizing the opportunity, leveraging their strengths in natural gas power and CCS to secure lucrative power purchase agreements (PPAs). As the #1 provider of oil, gas, and power data solutions, Enverus is at the forefront of helping clients capitalize on emerging gas power opportunities in the fast-paced data center race, like identifying locations like XOM’s behind the meter natural gas with CCS powered data center; redefining direct energy supply for data centers.
