Category: Industry

Industry Oil and Gas Reserves Reports – Know What You Own

Oil and Gas Reserves Reports – Know What You Own

Well production naturally decreases over time. The remaining reserves refers to the oil and gas not yet produced, at any given date. Remaining oil and gas reserves on a property are calculated from already existing producing wells, with remaining reserves, and undeveloped reserves (wells to be drilled and produced in the future). Reserves Report for …

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Industry Proposition 112 – A $470 Billion loss to Colorado

Proposition 112 – A $470 Billion loss to Colorado

Proposition 112 Overview and Intro to Economic Study Proposition 112, if passed, will result in a major decrease in oil and gas activity in Colorado. The regulation proposes the oil and gas industry maintain a buffer of 2,500 feet from schools, homes, and businesses. The result eliminates approximately 85% of future drill sites in the …

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Industry Be Aware of Dead Wells in Investment Decisions

Be Aware of Dead Wells in Investment Decisions

Oil and gas investors beware. “Dead” wells are coming back to “life” during mineral valuations. Are you considering moving forward with an oil and gas deal? Receive a nice flyer for an oil and gas property? Given access to a promising data room? Well, if you are ready to purchase, take a little time to …

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Industry Well Life Cycle

Well Life Cycle

A well is ‘retired”, aka Plugged and Abandoned (P&A) when it is no longer economic for the oil company. A P&A will be executed either because of low production, complicated wellbore challenges, or repairs are too expensive to economically justify. The P&A procedure requires the production zone to be isolated with a mechanical and cement …

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Industry Working Remotely? Set Yourself Up for Success.

Working Remotely? Set Yourself Up for Success.

The modern workplace includes flexible schedules, remote work offices, and the latest team collaboration technology.  Email, video conferencing, shared calendars, team spaces in the cloud, and group chats are just a few of the tools that make working remotely possible. It really can be a dream job; to work from home in your pajamas and …

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