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FEATURES
Independent Banking
Regional commercial banks offer debt-access security to local E&P operators and service providers.
Deepwater Reserves
Deepwater Gulf of Mexico exploration drilling declined in 2007, but this may be while operators are catching up on appraisal and development drilling, and new-prospect development.
Muskwa and Horn River Shales
Canada’s first big shale play looks to be a doozey. In British Columbia’s remote Horn River Basin, Muskwa and Horn River shales show multi-Tcf promise.
Nichols on the Barnett and Washington
From the Barnett shale to the Lower Tertiary to the Caspian, Devon Energy Corp. finds plenty of reserves and production growth. But its CEO is watching Washington these days.
Utah Jazz
Utah exploration has come alive with fresh success in conventional reservoirs in its central Hingeline and in resource plays in the Paradox Basin’s salt and clastic Paradox formation. NEWSWELL
• A&D Activity Being Pushed Higher By 'Obama Factor' • Could $250 Oil Be Lurking on the Horizon? • U.S. Independents’ Shale Bombs Making Barnett Seem 'Old News' • U.S. Energy M&A to Remain Strong in 2008 • Barnett Shale Numbers May Be Under-Reported • Higher Oil Prices Help Lift M&A Deals' Value Creation • Most E&P Executives Expect Oil to Fall Below $100 by Year-End • Upstream Spending Up; Analysts' Views Vary for E&P, Service Sectors SPECIAL REPORTS
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FROM THE EDITOR-IN-CHIEF
COMPLETIONS
TRENDS & ANALYSIS
CAPITAL MARKETS
Betting on Equity
Despite turbulent credit markets, a sinking economy and soaring prices, three energy investment pros say equity raises will be a good engine to drive E&Ps’ expected growth plans this year. M&A TRENDS
EVENTS
E&P MOMENTUM
Cretaceous Baxter Shale
A shale that's enjoying a shot in the arm is the Cretaceous Baxter in the Greater Green River Basin. EXPLORATION HIGHLIGHTS
Eastern U.S.
Explorations include Marcellus shale tests in southern Tioga County, N.Y. and Chattanooga shale in Alabama’s Blount County.
Exploration Highlights
Explorations from Alabama, Michigan, Illinois and more.
Western Highlight
Highlights in Alaska’s North Slope, Humboldt County in Nevada and more.
Midcontinent & Permian Basin
Explorations in Kansas, Arkansas and more.
International Highlights
Highlights include Norway, Mexico and Brazil. NEW FINANCINGS
COMPANY BRIEFS
Berry to buy E TX package for $620MM
EnCana To Split Into Oil, Gas Companies GOM-focused Stone, Bois d'Arc to combine StatoilHydro pushed out of Kaskida Deal HM Capital Buys Former Ram Oil COSCO to become part of Rodman & Renshaw Additional News TECHNOLOGY REPORT
Laser Rock N'Roll
Technology to cut reservoir rock with lasers is being tested. BRIGHT SPOTS
Meet Fred Lawrence
IPAA's Fred Lawrence describes his work with John McCain in Asia and his work for U.S. energy producers. LEGENDS
Chatting with Joe Foster
Joe Foster advises fellow E&P leaders to have a “team focus.” AT CLOSING
Think Outside the Barrel
Successful oil companies have to recognize that, long term, they’re in the energy business, not the oil business. |
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