February 14, 2008:
Ernst&Young Forecasts MLPs to Dominate 2008 Deals Master limited partnerships have emerged as the dominant deal structure in oil and gas and will gain more ground in the coming year, according to Ernst & Young’s 2008 global ...more
February 14, 2008:
Canadian Oil Exports to U.S. to Continue to Grow Daily oil production from the Canadian oil sands will rise approximately 2 million barrels by 2015, strengthening its position as the largest foreign supplier of oil to the U.S. Canadian ...more
February 14, 2008:
Bakken Most Improved; Fayetteville Leaps; Barnett May Slow In a report analyzing drilling activity and well results for various oil and gas shale plays around the country, “Resource Chronicles,” Jefferies & Co. analyst Subash Chandra has ranked the ...more
February 14, 2008:
S&P Weighs in on Coming SEC Reserve Rules In response to a recent SEC announcement that it will review and evaluate current disclosure requirements for oil and gas reserves held by E&P companies, Standard & Poor’s suggests a ...more
February 14, 2008:
S&P Improves Credit Outlook for Four Oil-Weighted Producers Standard & Poor’s Ratings Services has revised its outlook on credit quality for four E&P companies due to S&P’s higher oil-price assumptions.S&P credit analyst Thomas Watters says, “We expect profit ...more
February 14, 2008:
Credit Crunch Has Small Effects on E&P Deals The U.S. credit crunch, caused by defaulted mortgage loans, has so far had an “amazingly small effect” on debt-funding deals to upstream E&P companies, according to Charles Kingswell-Smith, speaking at ...more
February 14, 2008:
Newer Technology Rigs Don’t Necessarily Lead to More Production While improved drilling technology has clearly improved drilling times—each rig is drilling more footage each year—newer-technology drilling rigs won’t necessarily lead to meaningful improvements in U.S. oil production, claims one ...more
February 14, 2008:
Operating Costs Jump in the Permian Basin Between mid-2006 and mid-2007, operating costs shot precipitously upward in the Permian Basin. Ziff Energy Group recently completed a benchmarking study in the West Texas and southeastern New Mexico oil-producing ...more
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