I am starting this blog at a time of difficulty for the oil and gas industry. With long experience in the industry I have been through several of these downturns and in such times experience can be valuable. I shall attempt to share some insights acquired along the way and hope you find them of interest and helpful.
I am scheduled to give a keynote speech in Houston on August 11, 2016 at the Reserve Estimation Unconventionals conference. Estimating reserves for unconventionals has been difficult enough technically and that is now compounded by price changes, SEC and other rules changes, reductions in costs, and other elements of an unstable situation from which we are expected to extrapolate behavior for the future – and we shall be held accountable for inaccuracies.
The following week is the ENERCOM, Inc. conference here in Denver, one of the best of the year as an investment conference. Congratulations to Greg Barnett and the Enercom team for being named by Forbes as one of the 10 best management consulting firms in the country.