Above-ground Risk in Frontier Markets

With the hunt for frontier plays growing ever more competitive, exploration and production (E&P) operators are venturing into new and more complex environments. The expansion out of established markets around the Gulf of Guinea into wider West Africa, new opportunities both on- and offshore in East Africa, the push into the Arctic and the Colombian government’s drive to expand oil output and exploration all present economically appealing examples, but come with numerous above-ground risks.
[Read more…]

Guarding Company Secrets From Departing Employees

A longtime senior-level employee is hired away by an ambitious rival. Days before announcing his resignation and jumping ship, the worker navigates through your company’s jam-packed server, filling a small (but voluminous) USB thumb drive with details about your company’s expansion plans, vendor relationships and detailed engineering analysis of your next planned moves. The worker arrives at his new job armed with a competitive edge that allows his new employer to move swiftly and directly into your hard-earned space in the market.
[Read more…]

Leveraging the Power of Big Data Analytics to Quantify Weather Risk for Oil and Gas

Advances In Weather Technologies Can Help Identify Mis-Priced Markets And Improve Your Odds

Accurate and reliable prediction of extreme weather is vital to the oil and gas industry. And the application of meteorology to business decision-making is critical and proving more prevalent with today’s climate and volatile market conditions.
[Read more…]

Hydraulic Fracturing: Risk and Regulation

Much of the public outcry over hydraulic fracturing arises out the claimed environmental and health and safety risks associated with the types of chemicals used in fracturing fluids, the release and migration of methane gas into drinking water aquifers and into the air, the potential for the chemicals used to contaminate shallow drinking water aquifers and the perceived threats posed to livestock and aquatic life.  However, the risks are not confined to environmental or human health issues.  Media coverage of oil and natural gas drilling and hydraulic fracturing activities has cast doubt over the claimed productivity of natural gas wells and the accuracy of reported natural gas reserves.  The continued focus by the media on these issues has kept the hydraulic fracturing process and shale gas plays in general in the forefront of the discussions over U.S. energy and environmental policies.
[Read more…]