New Surety Bond Amounts for Missouri Oil and Gas Well Operators

Image source: https://flic.kr/p/v1cjTM As of March 30th, oil and gas well operators in Missouri face new bonding requirements, and some changes to how their bond amount is calculated. The new legislation was passed in February, to ensure that the state of Missouri, and its citizens, are properly protected in case…

Understanding E&P Company Presentations Part 1: PV10

Things are (maybe) looking up in the oil patch. We’ve got the IEA and Harold Hamm both predicting $60 oil by the end of the year; the “plunge” allegedly brought on by the deferral at Doha actually turned out to be more whimper than bang; and the storage at Cushing…

Oilfield Tech Yields Better Returns at OGIS 2016

On April 11 and 12, 2016, the Independent Petroleum Association of America presented their 22nd annual Oil & Gas Investment Symposia – OGIS 2016. In addition to restructuring debt and G&A, focusing on prime acreage (such as the Permian Basin), and stockpiling cash, many of the operators highlighted technical advances…