Industry: Upstream and E&P

Recent developments in artificial intelligence (AI), machine learning (ML), cloud computing, and other technologies are leading to rapid implementation in various industries around the world. These developments have only been possible due to recent increases in computing power and availability of vast datasets needed to train AI programs. This along with improved algorithms for training […]

As U.S. shale plays mature, oil and gas operators face an intensification of a longstanding challenge: managing water efficiently. Given that produced water represents the largest by-product or waste stream associated with oil and gas production, coupled with the potentially costly treatment methods and environmental impacts, effectively handling produced water becomes a challenging task. The […]

Uday Turaga, CEO of ADI Analytics, presented key oil and gas trends at the 2024 ADI Forum. Discussion included stable oil prices, an oversupplied natural gas market, and limited midstream growth. US refining is moderating, and capital expenditure grows slowly due to efficiency. The U.S. remains a net energy exporter, with natural gas production supporting […]

At the 2024 ADI Forum, Brent Williams (Callon Petroleum), William Atcheson (Jefferies), and Michael Pipkin (Rushmore Resource Partners) joined ADI’s Joe Quoyeser to discuss upstream onshore trends. Key topics included the shale industry’s shift to capital discipline, major consolidation driven by resource scarcity and economies of scale, evolving ESG priorities like methane emissions and water […]

Maria Lopes, Senior Analyst at ADI Analytics, discusses key trends in the US upstream onshore and unconventionals sector. With the US shale market maturing, operators are focused on maintaining and boosting production from existing wells. Industry consolidation is driven by the pursuit of prime acreage and cost optimization. Furthermore, operators are increasingly leveraging technology to […]

The midstream industry had a favorable year in 2023, witnessing higher investment, M&A, and notable progress in infrastructure development. Looking forward to 2024, we expect a mixed but business as usual outlook for the midstream industry. Key trends to keep an eye on are the following: – Bhautik Gajera

In 2024, the upstream oil and gas industry is expected to experience notable changes influenced by developments in 2023. From the ongoing wave of consolidation and the maturation of the U.S. shale sector to pivotal shifts in Latin America, Africa, and Asia, the industry is adapting to new dynamics. Technological advancements, particularly in digitalization and […]

The Haynesville shale has emerged as a major natural gas play in recent years. Natural gas production from the Haynesville shale reached a new record high of 14.5 Bcf/d in 2023, accounting for 14% of all U.S. dry natural gas production. Haynesville production growth has accounted for 40% of the U.S. gas production growth recently. […]

Leading shale operators from oil majors such as ExxonMobil and Chevron to the E&P independents including ConocoPhillips, Pioneer, Oxy, and Diamondback have committed to growing production without compromising returns and sustainability. Achieving this aspiration will require significant cost optimization where recent ADI research and consulting is showing significant progress by E&P companies.  These cost optimization efforts […]

Compressors are used in a wide range of applications in the oil and gas, energy, and petrochemical industries. The growing hydrogen, carbon capture, biofuels, and other energy transition markets present new opportunities for compressor companies. Many of these industries are being built from the ground up, offering years of growth for compressors and related equipment […]

Ever since Russia invaded Ukraine on February 24, 2022, western countries have spent a lot of time cutting ties with Russia and enacting sanctions to financially pressure them, with a particular emphasis on their fossil fuel industry. With more than a year passing since the start of this war, in this blog, we take look […]

The Uinta basin, located in northeast Utah, is starting to gain some attention from oil and gas players. The basin’s ~120 thousand bpd of production pales in comparison to the Permian’s ~5.6 million bpd produced today. However, production of the basin’s waxy crude has rapidly been increasing (Exhibit 1), and refiners continue to desire this […]