Significant consolidation within the shale patch has continued, as ADI has previously discussed in its blogs. This trend has led to a heightened emphasis on cost optimization, strategic and sustainable growth, and a disciplined approach to production. Moreover, favorable oil prices over the past two years have facilitated numerous large acquisitions and private equity exits where large companies […]
The shale shakeout will drive a new operating paradigm
The flurry of consolidation amongst operators in the shale patch that began last year is continuing in 2024 as well. Mergers and acquisitions (M&A) activity has been particularly brisk, with deals varying in size and scope. For instance, Chevron acquired PDC Energy exactly a year ago for $7.6 billion and followed up with an offer for Hess […]
May 2014: Innovation in Unconventional Oil/Gas- Shale Gas Innovation Contest
May 2014- The Shale Gas Innovation Contest Finals was held at the Hilton Garden Inn, in Southpointe, PA. The event was hosted by the Shale Gas Innovation & Commercialization Center. The Innovation Panel featured CEO of ADI Analytics, Uday Turaga along with Kemal Anbarci, Vice President & Managing Executive for Chevron Technology Ventures and Richard Hall, Global […]
North America: A future LNG superpower? AlChE South Texas Local Section
September 6, 2018- The American Institute of Chemical Engineers- South Texas Location Section is a monthly meeting, held this time at The Bougainvilleas in Houston, TX. The dinner speaker for the meeting was CEO of ADI Analytics, Uday Turaga. The presentation titled, “North America: A future LNG Superpower,” focused on North America’s potential to become a truly global player for LNG. The presentation […]
Quad Oa: Implications for Midstream Oil & Gas
The European Commission presented its first strategy to reduce methane emissions since 1996. This strategy detailed measures to reduce methane emissions in Europe as well as abroad and included plans to ban routine flaring and venting practices along and an obligation to improve detection and repair of leaks in natural gas infrastructure. This ruling is […]
Australian Financial Review quotes ADI on U.S. shale outlook
November 27, 2015 – Uday Turaga of ADI Analytics was quoted in the Australian Financial Review’s story on U.S. shale oil production. Drawing from ADI Analytics’ research and deep expertise gained through numerous consulting engagements across the natural gas and oil value chains, Turaga commented on oil prices and its impact on U.S. shale oil […]
Will private equity cap oil prices?
The general consensus is that oil prices are headed towards some stability in the $60s for the near-term barring major supply disruptions. The OPEC supply cut — far more successful than anticipated thanks to the high levels of compliance as seen in Figure 1 — is now serving as a floor for oil prices. Compliance […]
Methanol for Power Generation
The discovery and rapid development of shale gas and unconventional oil plays has dramatically increased the supply of natural gas in North America. This growing natural gas resource can be monetized in several ways including conversion into liquefied natural gas (LNG), methanol, or other liquid hydrocarbons. Given the promise of new, cheap supply and methanol’s […]
Natural Gas Liquids: Returning to Good Times?
ADI Analytics hosted its first North America Natural Gas and NGL forum in Houston late February. The forum was well-attended with representatives from a wide range of companies including integrated oil and gas majors, refiners, E&P independents, industrial gas suppliers, equipment providers, technology licensors, investors, and media outlets. The forum featured several presentations by ADI […]
Growing Consolidation and New Markets Drive Change in the Artificial Lift Market
Artificial lift is a method of increasing pressure within an oil and gas reservoir to maximize hydrocarbon recovery. Historically, artificial lift was primarily used on wells with insufficient pressure but now in an effort to improve flow rates its use on naturally flowing wells has increased. In total there are ~1 million wells utilizing artificial […]