Thousands of market participants, companies, individuals and governments, track US crude inventories. These weekly inventory levels remain the best data point for market participants to gain a relatively current view on the global supply and demand balance. If inventories are building it means the market......
It has been a complaint for the last several years that the capital markets have become inefficient for oil and gas companies, particularly in Canada. We can see how this could happen, as interference in any sector from stakeholders and governments is bound to result......
As oil & gas technology professionals, we often find ourselves in discussions on whether oil and gas companies should build software in-house or buy third-party solutions. Outlined below are many of the pros and cons that entities should consider. In-House Solution Benefits Building in-house software......
In commodity markets, the thing you expect to happen is often the exact opposite of what occurs. This lesson has been taught to industry veterans time and time again, and the impacts of IMO 2020 are another great example. In future weeks we plan to......
From CFO to Field Operator, this Oil Quality Variables document is an incredibly valuable resource. It can be used to communicate and understand the true importance of measuring these properties, and what can go wrong if you don’t. For 18 of the most impactful crude......
A guide to equipment selection, design, and common issues. There are hundreds of things that can go wrong when retrieving a petroleum sample for quality testing. Companies should be doing all they can to reduce issues and errors in sample retrieval and sample testing, as......
Time: Tuesday June 25, 2019 – 10:00 AM (MT), 11:00 AM (CT) Speaker: Dr. Ian Burgess, Validere, CTO Literacy in data science is becoming a necessity as data-driven decision making increasingly becomes the standard across industries and job functions. This is especially true in oil and......
Time: Thursday February 7, 2019 – 10:00 AM (MT), 11:00 AM (CT) Speaker: Dr. Ian Burgess, Validere, CTO Quality requirements across the industry are changing. The number of quality parameters on NYMEX WTI contracts almost doubled as of January. How will these changes affect the industry and how......
In this webinar Validere’s CTO, Ian Burgess discusses: How to choose the vapor pressure measurement solution that’s right for your operations How to design the most efficient testing schedule to catch off-spec product before it causes any problems like shut-ins and price discounts How to blend closer to spec limits to......
We’re pleased to be posting our first Validere 360 product update! Our intention with these updates is to provide information on changes to the platform, and to provide tips that we think will improve the user experience. This edition focuses on changes to the Lab......
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