Oil and Gas Investor Magazine - November 2018
Cover Story
The Once And Future Permian
For years, the hinterlands of the Permian Basin have suffered, yet E&Ps in the Delaware and Midland basins are returning to the periphery of the play, and many of them have something to prove—or at least prove up.
Feature
Bakken Renewed
With the spotlight on the Permian Basin’s vast resources and the downturn depressing activity, the Williston Basin has quietly racked up transactions and grown faster than any of its peer plays, without the headaches of steep differentials.
Diving Into The San Andres
More than 60 operators, many funded by private equity, are solving for better pay in this horizontal Texas play.
Energy IPOs Continue Backlog
The number of energy IPOs will likely not increase in the near-term as oil and gas companies wait for investor appetite to return, analysts say.
Investments Abroad
What are the opportunities, and can they compete with U.S. onshore?
The Bear In The Bakken
Matt Steele’s privately held Bruin E&P joined the big league in the Williston Basin with last year’s $1.4 billion acquisition, and he’s not feeling intimidated at all.
The Eagle Ford At Middle Age
As with all plays, low commodity prices in 2015 prompted change in the Eagle Ford Shale.
The Greater Green Goes Horizontal
E&Ps in the greater Green River Basin are mixing horizontals into their drilling programs, helped by higher liquids production. Vertical wells pay their way, but the search is on for resource plays.
The New Deal
Even transactions that seem transparently well-conceived are facing harsh investor reactions, leading private operators to conclude that someone else— like themselves—will have to step up when opportunities emerge.
The Return Of Eagle Ford Dry Gas
The industry has come full circle since the initial discovery of the Eagle Ford Shale in South Texas, when natural gas was king.
A&D Trends
Limited Run
Legacy Reserves LP’s pitch to investors used go something like this: “We buy ugly houses.”
At Closing
Producers Fight For The Climate
Global scientists and the U.N. have spoken. Governments must follow, but their policies are lagging.
Bright Spots
Bright Spot: Meet Raj Mistry
Like many Indian-born American immigrants, Raj Mistry’s parents had always dreamed of him becoming “Dr. Mistry.” However, he ended up going in a different direction.
E&P Momentum
Awaiting The Digital Oil Field
Think of the digital oil field as a weather analog. Everyone talks about it but, at the end of the day, little is done.
From the Editor-in-Chief
Insane Cash Flow
Mike Kelly, managing director and senior analyst for Global Hunter Securities, gets perturbed by his self-confessed pet peeve.
On the Money
Earning A Multiple—Slowly
They say patience is a virtue, but it’s been a testing time to watch E&P metrics inch ever so slowly higher as the third quarter concluded.