Oil and Gas Investor Magazine - March 2018

Cover Story

Private Equity's Strategy: Adapting And Diversifying

Private-equity sponsors are seeing opportunities to invest in oil and gas, but exits are becoming increasingly complex.


Down But Not Out

While 2017 A&D got away from E&Ps, higher oil prices and tax breaks bode well for 2018. But will private equity steal the deal where public-equity investors fear to tread?

Global Oil Supply Rises

Global crude oil and condensate production in fourth-quarter 2017 was about 76.6 million barrels per day (MMbbl/d), a 370,000-bbl/d drop compared with third-quarter 2017.

Marcellus-Utica Midstream: Appalachia Growing Pains

The Marcellus-Utica regions have tremendous natural gas potential as well as regulatory and stability challenges.

Oil Drilling Down On DrillCos

The game remains the same for drilling joint ventures in the oil and gas industry—only the players have changed, energy lawyer from Gibson, Dunn & Crutcher says.

Opening Offshore US

Analysts expect slow industry responses to the U.S. Department of Interior’s mega U.S. oil and gas lease sale proposal.

Saudi Aramco IPO

Triple Double Advisors examines Saudi Aramco’s pending IPO, which is expected to value the energy giant at up to $2 trillion. Is it worth this?

Seeking Niobrara Pay

Bolt-ons and acreage trades are positioning E&Ps to grow production in Wattenberg Field. One obstacle, midstream constraints, should fall later in 2018.

Ten Percent Ted

Ted Collins Jr.’s closest partners remember his integrity, his friendship and his eagerness to do a deal.

A&D Trends

May The Best Rock Win

At the crossroads of the Merge, Stack and Scoop plays, Roan Resources LLC is being built with plans to go public, likely later this year.

At Closing

The Thrill Of The Drill

We recently attended the 25th annual edition of NAPE in Houston, which was a bigger affair than in 2016 or 2017—and certainly this time around, the aisles were full of people in a more upbeat mood.

Bright Spots

Bright Spot: Meet Colte Koen

Colte Koen’s entrepreneurial spirit led him into the oil and gas industry in 2014.

E&P Momentum

Horseshoes, Hand Grenades And Microseismic

Close counts in horseshoes, hand grenades—and for “good enough” in oil and gas.

From the Editor-in-Chief

Off The Sidelines

Energy research analyst David Deckelbaum likened the recent crude rally following several years of living below the per-barrel poverty line to the anticipation of an all-you-can-eat buffet.

On the Money

Does Discipline Make For Higher Multiples?

By the time you read this, you’ll likely know whether E&Ps—in the face of swooning global equity markets in early February—used this earnings season to woo new investors and bolster E&P stock valuations that trailed moves in crude prices for much of last year.