Believe it or not, the biggest threat to the oil and gas industry isn’t the $45 bbl, +/- $5 price we are seeing today. For the foreseeable future, there will be less conventional and more unconventional ways to retrieve crude as innovation continues, so product is...
The oil industry is fighting a generation gap. Already contending with a global price slump, U.S. explorers are also grappling with the demographic hangover of the last great industry downturn in the 1980s, when scores of drillers went out of business. That rout drove a generation...
The energy business has always been a people business, and major workforce shifts and cultural changes require attention now. New talent strategies and culture change are the first steps in what is turning out to be a race for survival. Older workers appear to have recovered...
The steep incline in client requirements that Morpheus Oil & Gas experienced in its first quarter 2013 has continued well in to its second quarter. The strongest levels of demand have been for Geophysics, Production Technology, and Operational Excellence resources, with increasing demand for Drilling Engineers. General...
As the downturn recedes, managing the workforce is once again top of mind for managers and executives. The uncertainties are many: Will skilled talent be available and willing to return to the oil and gas sector? In a generally strong economy, what will it take...
The oil and gas industry has seen significant turmoil and transformation over the past four years. Rebounding market fundamentals, quests for production independence and market share protection, and geopolitical tensions continue to fuel both optimism and skepticism among industry pundits. With significant variances in the...
Higher oil prices and a positive earnings outlook for energy companies are expected to fuel a rebound in North American oil and gas initial public offerings in 2018, with bankers betting investors will remain optimistic about the sector even if the broader stock market remains...
After a four-year downturn in the oil and gas master limited partnership (MLP) sector, marked by a roughly 47% decline in market value, we believe sentiment toward the sector may be turning. With dividend yields approaching 8% – along with increasing free cash flow and...
The oil and gas industry will continue its slow recovery as upstream companies increase production, helping the midstream and services businesses as well, according to Moody’s 2018 outlook. Excess supply will continue to dampen oil prices in the coming year. Natural gas prices, on the other...
Things are looking up for oil and gas this year, according to DNV GL's annual survey of sentiment in the industry. Over 60 percent of the senior oil and gas professionals who took this year's poll expressed confidence about growth, double the percentage at the same point last...