November 2019 Exclusive Story
Ruling Preserves Industry’s Ability To Employ Independent Contractors
While focusing on a slowdown in the rate of global demand growth, Raymond James analysts say market makers are ignoring bullish supply-side variables. One of the most important terms in the industry is inventory depletion, and RJ sees global oil inventories falling 900,000 barrels per day in 2019 and 700,000 bbl/d next year.
It is crucial to learn about the latest technology and business trends in AOGR. It also can be instructive to study the mindsets of industry contrarians!
Stimulation & Completion Tech
The number one problem facing operators is keeping productivity growth from flattening. In the December issue, ConocoPhillips engineers look at how chemical diverters can mitigate parent/child well fracture interactions from the toe to heel sections while improving EUR. In addition, Cimarex details how analytics are optimizing its Wolfcamp completions, while Contango Oil & Gas explains how chemical tracers are giving it new insights into stimulation treatment effectiveness.
Haynesville Shale Activity
One of the year’s most quoted personalities was Dallas Cowboys owner Jerry Jones when he quipped that increasing his stake in Comstock Resources allowed him to fund the record contract of his team’s star running back. The bigger story is the hard work, vision and technological prowess behind the company’s bold strategy to go big on shale gas. Talk about taking the contrarian’s road to success! The December AOGR provides the scoop on America’s deep gas bounty, straight from CEO M. Jay Allison.
Insurance And HS&E
Contrasting trends are sending mixed signals for U.S. oil and gas insurance. One sure way to get the best coverages at the best prices is to innovate with a safety culture that permeates throughout the organization. The December issue provides expert well control advice as the industry tackles deeper, higher-pressure formations such as the Turner in the Powder River Basin. Reports also present practical tips for workers involved in drilling and completions as well as field and facility operations.
Natural Gas White Papers
While weather is always a variable, the Natural Gas Supply Association reports that record-high demand for U.S. gas production is largely being driven by power generation and exports. NGSA forecasts that U.S. wintertime demand will reach 109.3 Bcf/d, driven by a 5% year-to-year increase in gas-fired power generation and a 52% surge in pipeline and U.S. LNG exports. Like the ebb and flow of industry activity, wild cards ranging from winter weather to threats to overseas supplies could significantly increase prices.
Advertising files for the December issue are due November 22.
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