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Posts Tagged ‘oil and gas’

Facing the Future: Challenges Ahead for the Oil & Gas Industry

Chris Sutton – Partner, Clover Global Solutions, LP Our industry has come a long way since oil was first discovered in Texas. Although there are numerous opinions about what the future holds for the Oil & Gas Industry, there is one very irrefutable fact that affects not only our industry, but the world as a…

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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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Minimizing Operational Risk through Information Technology

As oil and gas projects increase in complexity, it becomes more difficult for companies to manage them.  This can introduce the risk of noncompliance with regulations, going over budget, or worst of all, causing an accident.  Information technology (IT) can be used to help manage projects better, as well as make strategic decisions such as…

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The Niobrara Shale Play – the next Bakken?

The Niobrara shale formation extends across northeastern Colorado, northwestern Kansas, southwestern Nebraska and southeastern Wyoming.  The play ranges in thickness from 275-400 feet deep, with three primary carbonate-rich benches that average 10-25 feet thick with 5-10% porosity.

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Are You SEMS Compliant?

Safety and Environmental Management System (SEMS) is a performance-based management system that promotes safety and environmental protection during oil and gas operations in the outer continental shelf (OCS).  SEMS is a result of the heightened safety requirements following the Deepwater Horizon accident in the Gulf of Mexico in April 2010.  The Bureau of Ocean Energy…

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Ten Factors that Affect the Price of Oil

The price of gas affects a variety of goods and services because many economic activities use oil as an energy source.  No one likes to pay higher prices, but the global oil market is more complicated than most people realize, and the price of oil is dependent upon many different factors.

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The Oil and Gas Industry: Operating in Sensitive Environments

Download Report This report from IPIECA summarizes a series of short case studies describing some of the Oil and Gas industry’s experiences operating responsibly in sensitive human and physical environments. The case studies cover company experiences across the full range of oil and gas industry activities, including operations near conservation sites, operations near sites of…

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Transitioning Veterans into the Oil and Gas Industry

Military veterans have skills and experiences that translate directly to the oil and gas industry.  Skills honed during military service, such as leadership and working to accomplish a mission make veterans an asset in the corporate civilian world, and the success of these workers has received corporate attention since the mid-1990s.  Today, about 10% of…

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Spotlight on Technologies: Exploration and Production

Exploration and Production (E&P) is driven by new technologies.  The energy industry is in constant need of better ways to gather information about a reservoir, have more powerful IT tools, and anything that makes it faster, easier, and safer to reach oil and gas reserves.  Below is a spotlight on some of the fundamental E&P…

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The Top 10 Opportunities for Oil and Gas Companies in 2012

Successful oil and gas companies are focusing on ten opportunities within four core areas of growth: Customer Reach –  the ability to increase market share Operational agility – the ability to respond to change Cost competitiveness – the ability to achieve capital efficiency Stakeholder confidence – the ability to secure resources to meet objectives

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