December 2017

Feature

The structure of the upstream industry has shifted, which affects A&D activity and capital inflows.

Apache Corp. has increased the number of drilling locations in the mostly wet gas play as it continues oil tests and optimizes designs.

The merger of Baker Hughes with GE Oil & Gas is intended to change the way the energy industry does business.

The service and midstream sectors are now experiencing the harsh effects of the fall-out of trickle-down economics following a slew of E&P bankruptcies.

Global offshore production has contributed about 110 billion cubic feet per day (Bcf/d) of dry gas since 2012 which accounts for about one-third of the global total.

Is everyone a winner in the Permian? Maybe not, but here are some levers to pull to improve earnings.

We searched high and low for multiple factors that might illuminate the outlook for oil and gas next year.

Capital Markets

A surge of energy debt has washed over receding equities markets. Will the high-yield tide crest, and what will woo equity surfers back into the water?

A&D Trends

The A&D oasis out in the gritty Permian Basin may be slowly evaporating—or not; it’s a tricky place to predict.

New Financings

Signs of some strengthening in midstream capital markets were reinforced by the spin-off of BP Midstream Partners LP (NYSE: BPMP) from its integrated parent.

Bright Spots

When Ryan Vinson was younger, he remembered a drive he took with his father down I-20 to Odessa, Texas, and seeing pump jacks along the way.

At Closing

More E&Ps are jumping on the 'Returns Bandwagon' as companies find that delivering returns is the answer to investor sentiment changing direction once again.

From the Editor-in-Chief

Larry Nichols understands how technology can change everything. It was Devon Energy Corp., after all—when Nichols was CEO—that bought George Mitchell’s company and a budding new technology to extract natural gas from shale rock in the early 2000s.

E&P Momentum

Oil and gas is witnessing a transition from the geologists to the era of the engineer as completion optimization supplants exploration and delineation as the sector’s primary driver.

On the Money

When industry observers frame comments about “living in a $50-plus world,” it reinforces just how much we have come to accept the fact of global commodity markets and, with it, the likelihood that they are heavily financially driven.

Cover Story

Scale of development typically varies with a given producer’s size, balance sheet and comfort with at times complex logistics. As experience grows, the Midland Basin’s transformative process continues.