RS Energy Group said Feb. 20 it has formed a strategic partnership with Denver-based FourPoint Energy and LongPoint Minerals, uniquely pairing RS Energy’s best-in-class energy intelligence and advanced analytics with FourPoint’s and LongPoint’s industry-leading technical interpretations.
This relationship will allow FourPoint and LongPoint to leverage RS Energy’s solutions, extending the depth and breadth of their technical evaluations while collaborating on innovative future projects.
“With FourPoint’s active acquisition and drilling strategy as well as LongPoint’s mineral expertise, the technology and data science advancements that we are developing together will solidify each company’s core capabilities while changing the way the industry makes decisions,” Manuj Nikhanj, president and co-CEO of RS Energy Group, said.
In the last few years, RS Energy has established strategic relationships with a select group of operators and investors that view innovation, advanced analytics and technology as a competitive edge. The strong technical teams and data-driven cultures that FourPoint and LongPoint bring to the table will help RS Energy in its continuous efforts to bring the best solutions to the market.
In this special section, E&P highlights the latest technologies from more than 30 companies, showcasing how these tools are used for developing shale resources and how companies will benefit from the application of these advanced tools on their operations.
The U.S. oil and gas rig count fell by two to an all-time low of 263 in the week to July 2, according to data from Baker Hughes Co.
Powder River Basin Niobrara Shale well completed by EOG Resources in Wyoming’s Converse County plus LLOG Exploration’s results from a U.S. Gulf of Mexico discovery top this week’s drilling activity highlights from around the world.