Industry: Oil & Gas

At the 2023 ADI Forum, Dustin Stolz, Senior Analyst, ADI Analytics, reviewed Upstream oil and gas trends, noting record profits and low reinvestment rates as operators prioritized debt reduction and shareholder returns. Windfall taxes in Europe had prompted investment cutbacks and legal challenges, with companies like ExxonMobil and TotalEnergies reassessing future projects. Despite concerns over […]

At the 2023 ADI Forum, Jeff Hammad, CCO of Golden Pass LNG, alongside other experts, examined LNG project development strategies, focusing on stick-built vs. modular construction. Golden Pass LNG had opted for a traditional stick-built approach, leveraging existing Qatar-based designs while prioritizing local job creation and community engagement. Despite the competitive costs and faster timelines […]

At the 2023 ADI Forum, Jeff Hammad, CCO of Golden Pass LNG, discussed technical innovations in LNG development, emphasizing the challenges of integrating new technologies due to regulatory constraints. Golden Pass LNG had faced permitting limitations that discouraged facility modifications, delaying carbon capture and storage (CCS) adoption until post-construction to avoid lengthy regulatory reviews. However, […]

At the 2023 ADI Forum, Jeff Hammad, Chief Commercial Officer, Golden Pass LNG, shared insights into the company’s journey of developing their LNG export project. Building an LNG facility is a long and challenging process, including commercial agreements and the permitting process. Hammad described the history of LNG developing in the U.S. as occurring in […]

At the 2023 ADI Forum, Joseph Gentry, VP, Licensing, GTC Vorro, joined moderator Uday Turaga, CEO, ADI Analytics, on the midstream panel. He shared two main facets of the company’s operations: their sulfur service and technology licensing. In their sulfur service, they prioritized cost-effective service delivery by leasing equipment, supplying necessary chemicals and catalysts. They […]

At the 2023 ADI Forum, Uday Turaga, CEO, ADI Analytics, and Maryam Schellstede, SVP, Planning and Development, University Lands, discussed their leasing process. For subsurface leases, decisions are based on technical evaluations, market trends, and royalty rates. For surface leases, they prioritize the company’s reputation, financial stability, and environmental stewardship. University Lands also focuses on […]

At the 2023 ADI Forum, Allie Thurmond, Asset Manager for GoM Exploration, Equinor; Pramod Jain, CEO, CMG; and Maryam Schellstede, SVP, Planning & Dev., University Lands, joined Uday Turaga, CEO, ADI Analytics for the upstream oil & gas panel. They discussed the strategic management of energy assets and evolving market dynamics. The panelists highlighted the […]

At the 2023 ADI Forum, Uday Turaga, CEO, ADI Analytics, explored the shifting dynamics of the shale industry. Topics included rising investment and industry consolidation, sustainability efforts, and future production growth. With E&P spending on the rise, shale operators were walking a fine line between capital discipline, ESG commitments, and investor expectations. The industry was […]

At the 2023 ADI Forum, Allie Thurmond, Asset Manager, US GoM Exploration, Equinor, highlighted Equinor’s commitment to the energy transition, focusing on emissions reduction and renewable investments while maintaining oil and gas operations. The company allocated over 50% of its CapEx to renewables, balancing equity, sustainability, and security. Geoscientists played a key role in offshore […]

At the 2023 ADI Forum, Uday Turaga, CEO, ADI Analytics, highlighted key trends shaping oil and gas, and energy. While oil faced supply constraints, U.S. natural gas growth was limited by infrastructure. This made permitting reforms crucial. Shale remained a cost-competitive player, and the Inflation Reduction Act was accelerating energy transition opportunities in hydrogen, electrification, […]

At the 2023 ADI Forum, Allie Thurmond, Asset Manager, US GoM Exploration, Equinor; Sheldon Harbinson, VP, Americas, CMG; and Maryam Schellstede, SVP, Planning and Development, University Lands, joined moderator Uday Turaga, CEO of ADI Analytics, for the upstream oil and gas panel. The discussions on digital transformation in energy highlighted the shift from siloed technologies […]

At the 2023 ADI Forum, Uday Turaga, CEO, ADI Analytics, highlighted the opportunities and roadblocks facing the U.S. natural gas industry. While production was booming, surpassing pre-pandemic levels and hitting record highs, growth was being held back. The main issue was infrastructure constraints, particularly a shortage of pipelines. With demand rising for LNG exports and […]