Oil and Gas

In order to distinguish the different resources and reserves definitions I have created this page as a reference for understanding the relevant terminology used for analysing oil and gas companies. The Society of Petroleum Engineers (SPE), the American Association of Petroleum Geologists (AAPG), the World Petroleum Council (WPC) and the Society of Petroleum Evaluation Engineers … Read more

Fracking, or the hydraulic fracturing process, is the process of injecting liquid at high pressure into the Earth’s crust in order to extract oil or gas by forcing the rock to open. Hydraulic fracturing is the most common action being taken to mitigate the oil and gas flow rates decline rate. The hydraulic fracturing process … Read more

In the following table you will find typical daily production ranges for oil and gas companies for both onshore and offshore production wells. “An important aspect of oil production is the decline in oil production over time due to falling pressure and increasing water production. Remedial action may be taken to mitigate the decline rate. … Read more

Investing in oil and gas companies can be very lucrative, especially when you have invested in an energy stock before they announce to have found a new resource. When oil and gas companies decide to explore a new potential structure for oil or gas, it is of course very interesting to know how you can … Read more

Oil and gas exploration companies play a very important role within the energy sector as they spent all their time, money and efforts on trying to find new structures of oil and gas in the earth’s crust. Because the current production reservoirs are finite by definition, finding new structures of oil and gas is of … Read more