Independents Reshape the Playing Field – Why it’s a Good Thing.


We’ll soon see big changes in Oil and Gas. Risky exploration, spearheaded by emerging independents, is the inevitable future of this industry that has spent years exploring only existing reserves.
 
One of the most talked about trends of the last decade has been the rise of the independents. According to a recent audit by EY, U.S. oil and gas reserves increased 9 percent last year and almost all of it was due to independent exploration and production (E&P) companies — not the large integrated oil companies.
[Read more...]

Oil & Gas Services: The Place to Be?


In a recently held roundtable discussion with executives in the oil and gas industry, the issue of increased demand in this sector was raised. This sentiment was echoed by attendees and presenters at the International Energy Capital Forum that was held during the Global Petroleum Show in Calgary, Alberta.
[Read more...]

What’s Next for America’s Biggest Oil & Gas Producing States: California


While the Gold Rush of the 1840s set the historical stage for California, the state sits atop a similar opportunity in “black gold,” which if fully realized, could positively change the landscape of the state in a dramatic way once again.
[Read more...]

Russian Sanctions Threaten its Oil Exploration Future


The latest antics by Russia in Ukraine raise some harsh questions as to its future as the world’s (current) largest oil and gas producer. At the same time Russia’s actions highlight the relative stability of oil exploration within its former Cold War adversary, the United States.
[Read more...]