Oil and Gas Investor Magazine - January 2023 ConocoPhillips Cover Image

Oil and Gas Investor Magazine - February 2023

FINELY TUNED FIRST MOVER
Talos Energy Inc. CEO Tim Duncan goes deep, testing international waters and new markets.

MARKET POWER
Enverus general manager Bernadette Johnson takes charge.

CYBER PIRATES THREATEN US OFFSHORE OPERATORS
Cyberattacks could potentially trigger a Deepwater Horizon scale disaster, but the Bureau of Safety and Environmental Enforcement has been slow to act.

WOMEN IN ENERGY GLOBAL STUDY 2022
Labor shortage persists, but workers are speaking up.

US FLOATING WIND CHARTS COURSE
Floating offshore wind is expected to play a key role in helping to decarbonize the U.S. electric grid but obstacles await.

ENERGY’S CRISIS
As the world clamors for energy, the oil and gas industry is facing its own dilemma: attracting talented employees.

CEO SUCCESSION PLAN
Does your company have a plan to continue leadership?

TAKING CARE OF ORPHANS
As Diversified Energy Co. Plc expands its plugging and abandonment operations, the company anticipates exploring innovative approaches.

Cover Story

Finely Tuned First Mover: Tim Duncan’s Rise to Leader of the Pack

Talos Energy Inc. CEO Tim Duncan goes deep, testing international waters and new markets. 

Feature

Cyber Pirates, Hackers Threaten US Offshore Operators

Cyberattacks could potentially trigger a Deepwater Horizon scale disaster but the Bureau of Safety and Environmental Enforcement has been slow to act, a federal report found.

Q&A: University of Houston’s Joe Powell Talks Energy Transition

Powell, former chief scientist of chemical engineering for Shell, shares insight on the energy transition, his new role, how the oil and gas industry fits in and the potential to bring stakeholders together.

The CEO Succession Question: Does Your Company Have a Plan to Continue Leadership?

Experts who advise oil and gas companies warn that companies that don’t plan ahead put themselves at risk if a CEO departs unexpectedly.

Capital Markets

Moody’s: Upstream Capex to Rise 10% to 15% in 2023

Moody’s Investor Service is forecasting a 10% to 15% sequential uptick in upstream capex in 2023 and an overall strong year for the sector, with service companies likely to see increased demand for their services.

Completions

Baker Hughes Listens Up (and Down): Acoustic Telemetry Aids Deepwater Completions

Bi-directional communications give operators more data about the downhole environment, allowing them to make better decisions in real-time.

Taking Care of Orphans: Diversified Eyes Growth, Innovation of P&A Services

As Diversified expands its P&A operations, the company anticipates exploring innovative approaches.

E&P Momentum

Column: A Time to Explore

EOG Resources, along with other powerful E&Ps, continue Permian exploration.

International Highlights

LatAm Outlook 2023: Brazil, Guyana Anchor Production Growth

Five countries in Latin America – Brazil, Colombia, Guyana, Mexico and Venezuela – look to boost production in 2023, but the lion’s share of the production will come from developments in exploration hotspots Brazil and Guyana.

MidContinent & Permian Basin

Permian’s December Price Plunge is a Warning for 2023

With steady production growth, East Daley Analytics’ basin model shows Permian gas supply reaches the upper limits of effective pipeline takeaway as soon as February 2023. 

Regional Report

The Real Shortage Facing the Oil and Gas Industry? Talent

As the world clamors for energy, the oil and gas industry is facing its own crisis: attracting talented employees.

Technology Report

Oceaneering Offers Path to ‘Freedom’

Oceaneering’s new Freedom AUV marks a change in the subsea landscape, a maneuverable autonomous vehicle that reacts to what it finds subsea.

Trends & Analysis

Workforce Woes: Women in Energy Global Study 2022

The labor shortage known as the “Great Resignation” plaguing the energy industry persists, but workers are speaking up.

Western US

First Pacific Ocean Wind Energy Auction Racks up $757 Million in Winning Bids

The provisional winners are expected to set the course for commercial-scale floating wind projects in deepwater off the California coastline.