Oil and Gas Investor Magazine - July 2015

Cover Story

Golden Returns

Energy equities dropped like lead before recently stabilizing, but popular valuation tools might overlook future winners. Which undervalued E&P stocks will be good as gold tomorrow?

Feature

Conventional Thinking

Now that unconventional plays have emerged as an important factor in the industry, it’s time to revisit conventional reservoirs in the search for even more value.

Deepwater Double-Take

Part of Oil and Gas Investor Excellence Awards: Best Field Rejuvenation

With the successful installation of a second tension-leg platform at its Gulf of Mexico Mars Field, Shell has further secured its position as a deepwater leader and breathed new life into the field.

Learning The Hard Way: Sectarian Conflict Intensifies

Sectarian strife in the Middle East poses serious risks.

Leveraging The Downturn

For energy CEOs, when revenue plunges due to low commodity prices, it’s leading, more than managing, that will determine the winners when the clouds lift.

The Givers

Part of Oil and Gas Investor Excellence Awards: Best Corporate Citizen of 2014

ConocoPhillips reassessed its charitable giving strategy after spinning off its downstream operations three years ago. Today its charitable investments are fewer, but more powerful.

The News From DUG Permian

New completion techniques promise better, cheaper wells in the Permian. Combined with investments in infrastructure, data collection and lower service costs, $60 oil is the new $80.

Wringing Costs Out Of The Permian

Its new water recycling system and other improvements are aiding the economics of Approach Resources’ wells in the southern Midland Basin.

A&D Trends

Adapting To $60

Tomorrow’s industry will focus on fewer plays, but go deeper.

New Growth

While anxiously anticipated, the stats on first-half 2015 transactions for upstream U.S. asset deals confirm worst fears: total A&D value plummeted 80% compared to the same period year-over-year.

At Closing

Saving The Have-Nots

Capital access separates the haves from the have-nots.

Bright Spots

Meet William O'Brien IV

William O’Brien IV provides fourth-generation leadership.

E&P Momentum

Liard Basin Learnings

Big pay in the deep Liard Basin tests the industry’s mettle.

From the Editor-in-Chief

The Morality Of Fossil Fuels

Development and export of unconventional resources is not incompatible with environmental protection, and in fact, aids it.

Legends

Chatting With Al Whitehead

Al Whitehead is still wildcatting.

On the Money

The Permian's Prowess

Organic growth is the allure in the Permian.