Text Size:
A | A

2012 A&D Conference: Prices Shifting Beneath Our Feet

Text Size: A | A
Peggy Williams, Hart Energy
September 11, 2012

There’s an app available for iPhones that’s popular in Japan. It alerts you seconds to minutes in advance of an earthquake. That’s the sort of app that A&D professionals would find enormously interesting, presuming one could be built to warn of seismic shifts in commodity prices.

Gyrating oil, sagging NGL and rock-bottom natural gas prices have combined to depress 2012’s deal market. “This year, we’ve had $40 billion in E&P asset sales,” said Scott Richardson, co-founding principal, RBC Richardson Barr, who participated in a roundtable discussion at Hart Energy’s 11th ...

Already a subscriber? Log In
Does your company have a site license? Inquire here
Already a print subscriber? Upgrade your magazine subscription