Haynes and Boone recently released its fall Borrowing Base Redeterminations Survey. Since 2015, the firm has conducted the survey twice annually to ask executives at banks, producing companies, private equity sponsors,...more
Things may not always be what they seem when interpreting initial production (IP) rate data from unconventional wells....more
With dramatic improvements seen in employee productivity over the years, is upstream oil and gas consolidation needed? ...more
Find out why the recent improvement in natural gas prices is a welcome respite for upstream oil and gas producers....more
The Treasury Department and the IRS recently provided practical administrative guidance for carbon capture and sequestration tax credits, but what are the broader implications for future energy production?...more
Is A&D activity picking up in the upstream oil and gas sector and, if so, is now the right time to find attractive deals? ...more
Are the methodologies used by government agencies and data analytics companies to track DUC counts in Texas comprehensive enough to draw accurate conclusions? ...more
Wind energy in Texas has seen exponential growth over the last decade and its contribution within the overall energy complex is likely to evolve over time.
...more
The recent dramatic decline in oil prices was precipitated by an unprecedented drop in demand due to the COVID-19 pandemic played out against a backdrop of an already slightly oversupplied oil market. Oil prices have...more
Over the last couple of weeks oil prices have improved significantly from the historic lows of April and WTI futures prices are approximately $40/bbl for the rest of 2020. For the now, the supply/demand balance is improving -...more
Find how the coronavirus (covid-19) pandemic will likely spell out a new era
for the oil and gas industry.
...more
Find out why the recent collapse in oil prices will likely accelerate the number of "orphaned" wells needing to be plugged by the Texas Railroad Commission (TRCC)....more
In the wake of an unprecedented sell-off in the crude oil market, the only response to balancing global markets is to reduce supply.
How many times can you say "unprecedented?" The COVID-19 pandemic has resulted in a...more
Find out why the outlook for natural gas supply alongside electricity demand could support prices amid the COVID-19 pandemic.
...more
The collapse in global economic activity due to the coronavirus (COVID-19) pandemic has led to an unprecedented reduction in crude oil demand. With additional excess supply caused by the OPEC/Russia production quota battle...more
The coronavirus (COVID-19) pandemic is creating a great deal of uncertainty, disrupting daily life, impacting public health and causing short- and long-term economic repercussions. This is no different for the energy...more
Have the underlying metrics behind preparing reserve reports proved to be overly optimistic for oil and gas companies seeking capital by way of reserve-based lending (RBL)? By Steve Hendrickson Reserve-based lending (RBL) has...more
Here are some helpful recommendations on how to manage through the coronavirus (COVID-19) crisis. ...more
Find out why the global oil price war, triggered by Saudi Arabia and Russia's refusal to curb production to stabilize prices during the coronavirus (COVID-19) outbreak, reinforces the need for structural change....more
3/13/2020
/ Coronavirus/COVID-19 ,
Energy Market ,
Energy Sector ,
Exploration and Production Assets ,
Global Economy ,
Global Market ,
Oil & Gas ,
Oil Prices ,
Russia ,
Saudi Arabia ,
Strategic Planning
Let's be frank. The institution of a fracking ban would simply be bad policy for the U.S. oil and gas industry. In quantifying this position, I want to highlight a paper that was published in January by Michael Lynch of the...more
Find out why low natural gas prices are likely to persist through 2020.
We are through what is typically the coldest part of winter, yet find ourselves with Henry Hub natural gas prices below $1.90/MMBtu. What's going...more
This week, we celebrate Engineers' Week 2020 ("EWeek" for short), a week "dedicated to ensuring a diverse and well-educated future engineering workforce by increasing understanding of and interest in engineering and...more
Nearly two decades ago, the SARS epidemic began in China and spread to at least 20 other countries. Although it killed almost 800 globally, the economic impacts were felt mostly in China. This time, although the expanding...more
Last week, I moderated a panel ("M&A Outlook: Consolidations, Acquisitions and Divestitures") at the IPAA Private Capital Conference at the JW Marriott in Houston, TX. The attendance was quite good and a number of additional...more
1/30/2020
/ Asset-Backed Securities ,
Capital Investments ,
Corporate Governance ,
Corporate Restructuring ,
Environmental Social & Governance (ESG) ,
Exports ,
Foreign Exchanges ,
Hydrocarbons ,
Industry Consolidation ,
Investors ,
Oil & Gas ,
Private Equity ,
Trade Conference
What are the top upstream oil and gas trends to look out for in 2020?
Although recent events in the Middle East are still volatile, it seems the oil price rally is over for now. Prices are more or less back to where they...more