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Posts Tagged ‘gas’

Surviving Acquisitions and Divestitures – A guide for Oil & Gas Professionals

Acquisitions and Divestitures (A&D) are a part of the asset allocation strategy for oil and gas companies and are constantly evaluated on both a short and long-term basis. Oil and gas companies seek to acquire assets that maximize core competencies and increase shareholder value. Operators look for assets where geological knowledge of formations is available,…

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Revisiting the Barnett Shale Play

The Barnett Shale play contains one of North America’s largest onshore natural gas fields. The north-central Texas’ Fort Worth Basin contains trillions of cubic feet of reserves in an area spanning about 5,000 square miles across about 20 Texas counties. Core O&G production areas are in Denton, Johnson, Tarrant, Dallas, and Wise counties, where the shale…

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Ultra-Deepwater Drilling on the Rise

By Chris Sutton – Partner, Clover Global Solutions, LP According to the Bureau of Ocean Energy Management (BOEM), “ultra-deepwater” generally refers to drilling at depths of 5,000 feet and beyond.  As new technology is allowing for drilling at greater depths, the worldwide supply of ultra-deepwater rigs is on the rise.  According to offshore deepwater drilling…

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Unconventional Energy expected to create Three Million Jobs by 2035

This month, market intelligence firm, IHS released a report entitled “America’s New Energy Future: The Unconventional Oil and Gas Revolution and the U.S. Economy.”  Our blog post will focus on a few of the numbers in the report, especially this one:  Between now and 2035, unconventional energy will generate millions of jobs.

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Will the US become an LNG Exporter?

Just five years ago, many oil and gas experts believed that U.S. natural gas production was declining.  In fact, the Department of Energy (DOE) predicted as recently as 2009 that the U.S. would become dependent on foreign natural gas for decades to come.

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Shale Plays Transforming US Onshore Rig Fleet

Six or seven years ago, only 10% of oil rigs in the United States were used to drill horizontal wellbores.  Now, more than 60% of oil and gas projects require horizontal drilling.  Why?  The U.S. oil and gas industry is trending towards shale and other unconventional resources – and wells reaching these resources are drilled…

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US E&P Benchmark Study

This report presents the US exploration and production (E&P) results for the five-year period from 2007 through 2011 for the largest 50 companies based on 2011 end-of-year oil and gas reserve estimates.

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Exploration & Production in Sensitive Environments

A growing percentage of the nation’s untapped oil and gas resources are located in sensitive environments, such as the Arctic, wetlands, coastal areas, and the outer continental shelf.  Over the past four decades, the oil and gas industry has been developing new technologies and approaches for operating in these environments without harming them.  For example,…

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Two Years after Macondo: A Gulf of Mexico Status Update

It’s been two years since the Deepwater Horizon oil spill in the Gulf of Mexico (GOM) and the resulting moratorium on offshore drilling in those waters.  After an expected lull in production, the oil and gas industry has made a comeback.  Here’s a closer look at the status of drilling in GOM today.

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