M&A Homecoming
International exploration beckoned independent North American E&Ps a decade or so ago. Margins at home were slim as commodity prices dipped as low as $10 per barrel in 1999 and ...
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May 7, 2008
Fayetteville Give and Take
When a company plans to drill close to 1,000 wells and spend more than $2 billion in one play, its footprint is large. That makes it all the more important ...
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May 7, 2008
Gomez in the Gulf
TP Oil & Gas Corp. acquired Gomez Field, which is in approximately 3,000 feet of water on Mississippi Canyon Block 711, in September 2003. The lease on the field was ...
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May 7, 2008
Double Down? Sit Tight?
It’s a problem we’d all like to have someday: Just what should we do with our hard-earned millions? Today, with oil soaring above $100 and natural gas at $10, many ...
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May 7, 2008
I-Banking DADs and PALs
First-quarter 2008 was tumultuous, marked by an escalating debt-market meltdown from the sub-prime mortgage bubble and signs of simultaneous recession and inflation. Retail sales fell, oil prices rose as the ...
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May 7, 2008
North Slope Newcomers
Locked in darkness during excruciatingly cold and seemingly interminable winter months, lightly populated by the hardiest members of the human race, Alaska’s North Slope offers both wonderful promises and breathtaking ...
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May 7, 2008
Diminishing Frac Returns
Hydraulic fracturing is the single-most critical technology employed in the development of unconventional gas reservoirs, according to J.W. Stewart, chairman, president and chief executive of Houston-based BJ Services Co., which ...
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May 7, 2008
Haynesville 101
Investors and E&P executives poured into the $1-billion-market-cap, Houston-based Goodrich Petroleum Corp. presentation at IPAA’s recent Oil & Gas Investment Symposium in New York to hear about its Haynesville shale ...
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May 7, 2008
Chatting with Sandy McCormick
Sanford E. McCormick is back, this time as chairman of Rimrock Energy LLC in Denver. After more than 40 years in the oil and gas business, including heading up public ...
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May 7, 2008
Meet Todd Zehnder
Being born in Lafayette, Louisiana, exposes one to the oil and gas industry at an early age, and for Todd Zehnder, it has had a lasting effect. While no one ...
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May 7, 2008
Well-Intervention Report
A major factor in the success of well-intervention projects using coiled tubing is the ability to disperse fluid within the wellbore. Halliburton’s Pulsonix TF service, along with DuraKleen, incorporates coiled-tubing ...
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May 7, 2008
Heard at the Conference
Bear Stearns fall-out. “I think what you can count on is that there will be a number of lawsuits being filed by unhappy shareholders and by unhappy employees,” says Steve ...
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May 7, 2008
Top 10 Credit Issues
Credit-rating and research firm Standard & Poor’s reports on the Top 10 trends in the oil and gas industry that will affect credit quality in 2008—both up and down. No. ...
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May 7, 2008
Regional Spotlight: Ark-La-Tex
The Ark-La-Tex region covers 124,000 square miles, and is defined by mature, long-lived production and substantial remaining resource potential. Production is approximately 9.6 billion cubic feet equivalent (Bcfe) per day, ...
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May 7, 2008
Horizonal Resources
A horizontal tsunami is surging across the industry. Mature areas are awash in horizontal-drilling programs, and gas is pouring from rapidly developing resource plays. A stream of change has churned ...
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April 21, 2008
Milagro’s Miracle
Surely no financing in 2007 more illustrates the extreme value of relationships in the oil and gas industry—and the entrepreneurial spirit of the people in those relationships—than that of Milagro ...
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April 21, 2008
An Unexpected Union
Carl Pope has been executive director of the Sierra Club since 1992, during which time the organization has added some 150,000 members to total approximately 700,000, and he has been ...
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April 21, 2008
Before Knowledge Exits
In the next few years, no doubt most E&P companies face an exodus of baby boomers who are retiring or leaving to start their own companies. Many executives worry the ...
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April 21, 2008
Horizontal Resources
A horizontal tsunami is surging across the industry. Mature areas are awash in horizontal-drilling programs, and gas is pouring from rapidly developing resource plays. A stream of change has churned ...
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April 21, 2008
Energy Deal-Arrangers
Energy investment bankers expect 2008 to be an active year, with more international deals, MLPs and divestitures on the horizon despite recent gyrations in the stock and credit markets.Experts at ...
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April 21, 2008
