Natural gas pricing is a burgeoning issue for oil and gas companies and for the businesses and consumers who are showing higher demand for the commodity.
One specific issue vexing the market is reserve estimates. According to the 2012 BDO Oil and Gas Risk Factor Report, the issue is a significant “preoccupation” for oil and gas companies.
This from the report:
The inaccurate nature of reserve estimates is a constant issue for oil and gas companies, with 95% citing it as a risk in this year’s survey. The inability to ...