The number of global offshore project commitments is expected to not only pick up serious momentum, but reach a new record level through 2025, according to a report from Rystad Energy. Rystad forecasts 592 global project commitments in the five-year period between 2021 and 2025.
Unique Model Broadens Capital Base For Oil Field Development
March 2021 Web Exclusive: Funding Activity
BENBROOK, TX.–Investors who once rewarded publicly traded producers for taking on debt to drill new wells now ask those producers to limit debt and return much of their income to shareholders. This has caused many oil and gas companies to adopt more modest budgets and evaluate acquisition opportunities with a more critical eye.
Changing Times, Market Access Put Haynesville Operators In the Dry Gas Driver’s Seat
March 2021 Cover Story
The Haynesville is a different breed of shale play: deeper, higher-pressured, and with complex geology that yields dry gas. It is also different because during the past decade the Haynesville has become largely a domain of smaller independents, including private players backed by private equity capital.
DENVER–The oil and gas food chain is regenerative. Mergers or acquisitions at the upper end of the chain tend to churn out of the wash new links–often cast of familiar elements reconstituted from the M&A spin cycle–somewhere down the line.
OKLAHOMA CITY–The STACK play contains a prolific petroleum system with multiple stacked targets, but development challenges are underpinned by fieldwide geological heterogeneities. Replicating completion designs from partial-section pilots and offset wells may not necessarily be the best choice for optimizing well performance in full-section development programs.
CERRITOS, CA.–Despite their vast resource potential, liquids-rich shale gas reservoirs present unique challenges to production and reserve recovery, including high initial daily rates that decline rapidly as reservoir pressure depletes and long laterals that create complex wellbore trajectories that can make it difficult to lift liquids to the surface as reservoir pressure and gas velocity decline.