OGI November

Oil and Gas Investor Magazine - November 2019

Oklahoma operators optimize opportunities across the state.

Oklahoma producers are intensifying multisection-lateral and multizone development of their liquids-rich leasehold, bringing production nearer to first spend. They’re also paring costs by millions per well, writes Oil and Gas Investor's Editor-at-Large Nissa Darbonne. This issue of Oil and Gas Investor explores how Oklahoma operators are optimizing opportunities across the state.

Also in this issue:

  • E&Ps are metamorphosing from ravenous, capital-consuming caterpillars to value-oriented, cash-flowing butterflies. But will that be enough for investors?
  • Overall news is mixed as challenging formational issues bedevil E&P efforts to create another Austin Chalk revival.
  • Is oil and gas investing the new yachting for the super wealthy?

Cover Story

Boomers, Sooner: Oklahoma Oil And Gas Producers

Oklahoma producers are intensifying multisection-lateral and multizone development of their liquids-rich leasehold, bringing production nearer to first spend. They’re also paring costs by millions per well.

Feature

Batteries Cannot Save The Grid Or The Planet

The dream of a battery-centric energy supply is seductive, but the reality is that proponents of such a transformation misunderstand the capabilities and limitations of battery technology.

Executive Q&A: Brotherhood Of Minerals

Sanjit and Shan Bhattacharya built a nimble and flexible mineral buying company that competes on the ground with much bigger companies. And wins.

M&A Pressure: Consolidation On The Climb

There’s a near-consensus on consolidation among E&Ps, but who are the buyers, and what’s the right price?

Midstream M&A Gets Private

A majority of midstream deals are now orchestrated by private-equity buyers, and some public companies are getting big money offers to abandon their ticker symbols and go private.

Mineral Acquisitions: Valuing Nonproducing Minerals

When it comes to putting a price on dormant mineral interests, the multiple of lease bonus method has its shortcomings. Consider a market valuation method instead.

Oilfield Survivalists: Service Sector Challenges

Caught in a cutthroat competition, oilfield service companies are pitted against one another for business, E&Ps are taking advantage of an oversupplied market and a recognized-need for consolidation is crawling along.

A&D Trends

A&D Trends: Billionaire Got Back

Is oil and gas investing the new yachting for the super-wealthy?

At Closing

OGI At Closing: Shaley Insights

After a wild decade of exploration and outsized spending, the shale business has turned into a true business.

E&P Momentum

E&P Momentum: Austin Chalk Redux

Overall news is mixed as challenging formational issues bedevil E&P efforts to create another Austin Chalk revival.

From the Editor-in-Chief

From OGI Editor-In-Chief: Upsized Cash Flow

E&Ps are metamorphosing from ravenous, capital-consuming caterpillars to value-oriented, cash-flowing butterflies. But will that be enough for investors?

On the Money

On The Money: Do Dark Clouds Deepen Or Lift?

Value investors have been waiting for years to see if the broader oil and gas market will rotate from growth to value.