Thursday, April 17, 2025

The Oil and Gas Supercycle

How E&Ps and OilService Firms Navigate in Tandem James Constas, Managing Director of EnerCom spoke at The Oil and Gas Conference 21 on Thursday morning. Constas spoke about the cyclical nature of the oil and gas cycle, the dynamics of the current cycle and what might lie ahead. By Constas’ calculations, since 1975, the oil and gas industry has been

Does it Get any Hotter than the Permian?

On day three of EnerCom’s The Oil & Gas Conference® 21, a panel of experts talked about the Permian basin and the rapid growth in activity it has seen in the past three years. Panelists were Jeb Bachmann of Scotia Howard Weil, Will Green of Stephens Inc. and Bill Davis of Vaquero Midstream. Scott Rees, Chairman of Netherland Sewell, started things off

Cimarex at EnerCom: Standing Room Only

It was standing room only when Tom Jorden, Cimarex Energy’s president and CEO, started running through the company’s business model and outlined its Anadarko basin and Delaware basin assets on day two of EnerCom’s 21st annual The Oil & Gas Conference® in Denver. “Re-investing our cash flow at the highest rate of return” is how Jorden stated the Cimarex mission.

Newalta Corporation – Day One Breakout Notes

Newalta Corporation presents at EnerCom’s The Oil & Gas Conference®  During Newalta Corporation’s breakout session, management was asked the following questions:  The business model you have – serving three from one facility – couldn’t your competitors do the same thing?  The $200 million you spent in 2014 and 2015, was spent on what?  What percentage of your total fleet is

Pioneer Energy Services – Day Three Breakout Notes

Pioneer Energy Services presents at EnerCom’s The Oil & Gas Conference®  During Pioneer Energy Services’ breakout session, management was asked the following questions: What do you think the state of the industry really is? What type of rigs will get the best utilization going forward? Do you see competition from walking converted SCR rigs? How are you doing on crews?

Black Stone Minerals LP – Day Three Breakout Notes

Black Stone Minerals LP presents at EnerCom’s The Oil & Gas Conference® During Black Stone Minerals’ breakout session, management was asked the following questions: Could you talk about the risks that affect the business beyond the commodity price risk? Are there embedded tax consequences for investors to consider for ownership? How much of the property is Held by Production? How

The Complex Portrait of Saudi Arabia

Saudi Arabia feels real danger from Iran Saudi Arabia and its neighbors in the Persian Gulf play an indisputably important role in global oil and gas markets. Much of the news that comes out about the region fails to capture the nuances that exist between the countries in the Gulf Cooperation Council, however. Speaking Wednesday at EnerCom’s The Oil & Gas

Helix

Erin Energy – Day Three Breakout Notes

Erin Energy presents at EnerCom’s The Oil & Gas Conference® During Erin Energy’s breakout session, management was asked the following questions: Are you having troubles getting your oil to market? How do you envision getting from 7,000 to 20,000 BOEPD? What is the timeline for that? What are your current margins? Are you looking at hedging your prices? Do you

North Dakota Production

Earthstone Energy – Day Three Breakout Notes

Earthstone presents at EnerCom’s The Oil & Gas Conference®  During Earthstone’s breakout session, management was asked the following questions: Could you talk about your cash flow through the end of the year in light of the capital for the year and the capital raise? In the past you have raised some liquidity through non-core asset sales. Where do you stand

Shenfeld: The New Normal is Slower Growth, Lower Interest Rates, and Lower Energy Prices

Citing a wide array of data sources as well as 80’s pop songs, CIBC Managing Director and Chief Economist Avery Shenfeld made a strong case for a new normal of lower energy prices, slower economic growth, and lower interest rates emerging after the Great Recession. Shenfeld was a featured speaker at the 2016 EnerCom conference in Denver. Here is an abbreviated version of his

Crescent Point Energy – Day Three Breakout Notes

Crescent Point Energy presents at EnerCom’s The Oil & Gas Conference®  During Crescent Point Energy’s breakout session, management was asked the following questions: What formations are you targeting in Uinta? Can you touch on the market in Uinta? How many unbooked locations do you have in Uinta? Where do you think you can improve on your well costs in Uinta?

Unit Corporation 2015 Annual Report Cover

Unit Corporation – Day Three Breakout Notes

Unit Corporation presents at EnerCom’s The Oil & Gas Conference®  During Unit Corporation’s breakout session, management was asked the following questions: Are completions going to follow the rig? How strategic is it to keep 3 segments under the same company? Will there be a division or sale? What pay zone are you kicking out into in the Granite Wash? What