Oil and Gas Investor Magazine - February 2015
Cover Story
West Virginia Rising
With a long-time Pennsylvania track record, Marcellus Shale activity gains traction in West Virginia, where operators find economics comparable.
Feature
Buda-Rose
Vertical wells costing less than $3.5 million each are producing EURs of up to 400,000 barrels of oil equivalent from commingled, Lower Cretaceous pay zones that lie northwest of Houston.
Parsley Energy Perseveres
This oily independent is focusing on its legacy sweet spots in the Permian Basin.
Second-Half Hopes
Capex cuts by energy companies foreshadow a commodity price turnaround—but the time line is unclear.
The Cascade Effect
As always, out of adversity spring opportunities. Here are ways to play the current low-price commodity cycle.
The Middle Way
The timing couldn’t have been better for MLPs to make deals in 2014, as midstream companies looked to the exits in an ever-competitive environment.
Volatility Values
The small-caps have taken the worst of the crude price hit. Here are some that analysts think may be worth riding back up the cycle.
A&D Trends
An Environment For Corporate M&A
There are still a number of large operators with strong cash positions who may be willing to deploy capital to acquire companies at reduced prices.
At Closing
The End Of Optimism--And Hurry!
Supply is the problem and somebody—anybody, except the Saudis—must slow the flow before price will respond.
Bright Spots
Meet Derren Geiger
In a recent interview, Geiger discussed Cornerstone’s strategy in 2015 and beyond.
Completions
Extra Innings In Denton, Texas
Three months after Denton, Texas residents 'overwhelmingly voted to ban fracking, the state is still issuing gas well permits within city limits and legal challenges are mounting.'
E&P Momentum
Transformation On A Cyclical Basis
The oil and gas industry is poised at that delicate moment between fear and the realistic assessment about entering the free-fall portion of an oil and gas downturn.
From the Editor-in-Chief
The Current Thinking
The biggest questions: When will U.S. production roll over? When will the oil price decline hit bottom, finally giving oil and equities a boost?
Legends
Chatting With Steve Smith
The Saudis have had several years to watch the U.S. oil shale show and it has exceeded all expectations.
On the Money
Conundrums And Collateral Damage
With the divergent interests of its members, it is increasingly hard to see OPEC acting as a unified body.
Trends & Analysis
LNG Turnabout
With many U.S. projects using a tolling model for their contracted volumes, those with contracts already secured have little need for concern.