EnergyNet recently entered an agreement with the South Dakota School and Public Lands (SD SPL) to host its mineral and surface lease sales online.
The contract includes oil and gas as well as several other commodities. All listings are at zero cost to SD SPL.
“As EnergyNet continues multi-commodity efforts, we look forward to adding South Dakota School and Public Lands (SD SPL) to our site and the mutual success our partnership brings,” the Texas-based firm said in a June 22 release.
EnergyNet is a continuous online marketplace, which clients include majors, large independents, bank trust departments, foundations, churches, universities, individuals and government agencies.
Since 2011, EnergyNet’s government resources department has successfully sold more than $2.5 billion for 10 different government agencies, according to a release from the firm.
A computational approach to well trajectory planning promises significant time savings for determining an optimal well that also satisfies drilling constraints.
New advances and approaches are driving new benefits.
Estimated volumes at the Dugong discovery are 40 to 120 million barrels of oil equivalent (MMboe), the company said.