Industry: Upstream and E&P

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, Diaco Aviki, EVP & COO, Crestwood Midstream Partners, shared key insights on the evolving oil landscape in the Bakken and Permian basins. Crestwood Midstream Partners made a substantial investment in Bakken. However, they acknowledged that offsetting the natural decline in well productivity would be challenging. The Bakken was expected to […]

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, 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, 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, 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, Uday Turaga, CEO, ADI Analytics, provided an outlook on the state of oil markets. He detailed U.S. production growth in 2022, which had not yet reached pre-COVID levels. However, he expressed optimism, as U.S. oil production was growing, driven by the Permian Basin and other shale plays. It was expected […]

At the 2023 ADI Forum, Uday Turaga, CEO, ADI Analytics; Allie Thurmond, Asset Manager, US GoM Exploration, Equinor; Sheldon Harbinson, VP, Computer Modelling Group; and Maryam Schellstede, SVP of Planning and Development, University Lands, discussed shifts in offshore and onshore exploration. Equinor focused on offshore assets in prolific basins, while Canada’s heavy oil sector prioritized […]

The ADI Forum, launched in 2017, quickly became ADI Analytics’ flagship oil and gas conference, exceeding expectations in industry engagement and thought leadership. The event brought together leaders across the entire oil and gas value chain, including upstream, oilfield services, midstream, LNG, refining, and petrochemicals. Its primary goal was to provide attendees with a strategic […]

The global LNG market was influenced by some unprecedented factors in 2022. Europe significantly grew their LNG imports driving LNG prices to astounding highs. U.S. emerged as the top exporter in spite of an emergency shutdown at Freeport LNG. High shipping rates also plagued LNG markets along with limited supply and growing sustainability pressures. All […]

Upstream oil and gas fared well in 2022. Despite oil prices falling over 30% from their summer highs, oil and gas prices remain elevated, with WTI prices over $70 per barrel and natural gas at prices not seen since 2008.  Net income in 2022 is expected to double from 2021 for oil and gas producers, […]

After nearly a decade of stagnant growth, geothermal energy may be poised for a period of growth again. New technologies, new investors, and technological innovations for geothermal systems including enhanced geothermal systems (EGS), supercritical geothermal, and advanced geothermal systems (AGS). A discussion of these systems can be found here. Changing Landscape One of the biggest […]