April 2017 Exclusive Story
Trump Administration Initiating Major Changes
The red, white and blue pendulum of America’s activity recovery is swinging rapidly in the right direction. Baker Hughes shows 13 straight (and 26 of the past 28) weeks of increased U.S. land rig counts, while a whopping 100 percent increase in March year-to-year permits signals the industry’s intent. Upward momentum is evident on both sides of the oil and natural gas counts ledger. Oil price resiliency in the face of high domestic inventories, coupled with the strength of natural gas prices during the lull in spring demand, underscores strong market fundamentals, with both domestic and global leading economic indicators predicting positive growth ahead.
Market In Motion
How many bars do producers see when they look at natural gas demand? While increased power generation and industrial usage has drawn storage levels to within the five-year average, the market also is eyeing increased natural gas exports to Mexico and the firing up of 3 Bcf/d of U.S. LNG exports. Guest authors look at the huge difference a dollar makes for natural gas prices, the profound positive regulatory changes the Trump administration is making, and how A&D market experts can help independents best navigate buy-and-sell strategies.
Oil & Gas Industry Strategies
The industry’s experience in ultralow-permeability plays underscores the need to balance initial production rates with longer-term pressure drawdown. May reports explain how controlling pressure drawdown can eliminate fracture conductivity and geomechanical problems such as proppant crushing and fines migration, while positively impacting well productivities and EURs. Field case studies also present solutions to improve reservoir conformance in EOR projects and to guide operational decision making in resource plays.
The highly dynamic production environment and rich multiphase product streams in most resource plays require flexibility in all aspects of operations–from compression to treating and processing. The May AOGR turns to leaders in the production and midstream sectors to identify best practices to optimize compression performance and accommodate production variations over time. A special feature reveals how Anadarko Petroleum re-engineered a Permian Basin processing plant to boost throughput efficiencies and maximize NGL recovery rates.
The Mid-Continent Profile spotlights an “underground laboratory” project Devon Energy implemented in the STACK play in Oklahoma to leverage advanced technologies such as fiber optic distributed sensing and offset well pressure monitoring to enhance completion designs and fracture geometries. Special reports also profile conventional and unconventional play strategies throughout the Mid-Continent, including an update on the second-half 2017 operational plans of Gastar Energy, Newfield Exploration and Continental Resources in the SCOOP, STACK and Springer Shale trends.
It’s all good for service and supply companies’ better business potential in the May issue!
Advertising space reservation deadline is April 26; ad files are due April 28.
Please call 1-800-847-8301 to reserve your space today!