Drop in Oil Prices Increases Value of Flexible Financing

Given the recent changes in global oil markets, it might seem as if the growth prospects for energy producers and the companies that support them are falling along with the price of oil. But take it from someone who has seen his share of market volatility over the years: there is little danger such businesses won’t have access to the capital they will need to keep growing.
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New Approaches to an Old Industry – Smart Oil and Gas Field of the Future


While oil and gas prices fluctuate with the latest economic report, the challenges facing companies extracting those fuels are less volatile. Instead, those challenges could best be characterized as complex and well-known.
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Oil Demand and Well Decline Rates Ensure Strong Outlook for Oil Industry


Primary energy consumption continues to accelerate globally despite several years of slow economic growth. With increased consumption, production of oil continues to grow surpassing record level of 90 million barrels per day worldwide. Not only does the oil industry need to produce more to meet ever increasing demand, it also needs to overcome existing well production declines. All active wells ultimately decline in production as resources are tapped, though there is an opportunity for technology to slow or in some cases even temporarily reverse those decline rates. In addition, as existing wells decline, more and more new wells need to be drilled to keep up with demand. Offsetting of oil decline rates for both existing and new wells, therefore, is high on the industry’s agenda for good reason. It is a critical factor to understand future trends in the oil industry.
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Where Oil and Gas Starts, Development Follows


Everything is bigger in Texas, including energy production. Texas produces three million barrels of crude oil each day, making it the largest oil producer in the United States and the eighth largest producer in the world. The Lone Star State also produces almost 30 percent of all U.S. natural gas, and is the third largest producer of natural gas worldwide.
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