In the second edition of Cinco Energy’s webcast featuring the newly-announced Board of Advisors, President Camille Nichols sits down with Julie Jenkins, CPL. The duo discuss qualities a management team should look for in a landman and how technology is impacting the industry.
After announcing Cinco Energy’s newly-formed Board of Advisors’ introduction, the team is excited to launch a new webcast series featuring the individual members. In its first edition, Cinco Energy’s President Camille Nichols sits down with J. Kelley Burch, CPL, to discuss the unique value landmen provide to companies and how their deep, rooted experience impacts the practice of land.
The oil and gas industry continues to navigate the effects of the Russia-Saudi oil war and Covid-19. Throughout recent months, US oil prices continually hit new record lows, reaching numbers unseen since the Persian Gulf War. Consequently, US producers have scrambled to shield themselves from permanent damage during the downturn. Here are five considerations E&P companies can take to mitigate risks of curtailing production or shutting-in wells.
The oil and gas industry continues to navigate the effects of the Russia-Saudi oil war and Covid-19. Throughout recent months, US oil prices continually hit new record lows, reaching numbers unseen since the Persian Gulf War. Consequently, US producers have scrambled to shield themselves from permanent damage during the downturn, with six significant players expected to shut some 300,000 barrels per day (bpd) of crude for May and June. For other producers, the process of shutting in wells to downsize risk is paramount. Below, we will dig deeper into what led to the current climate and three important lease provisions to review before shutting-in your wells.
Given the current oil and gas market, it’s understandable that many companies are choosing to outsource their land work. There are several reasons why an organization may opt for this avenue. From a lack of on-site resources, limited bandwidth, and scalability concerns, land management companies like Cinco Energy can plug into your existing company structure and provide a multitude of benefits when you’re stretched thin or looking for a partner. Here are the top advantages of outsourcing your land work.
Last week, NAPE kicked off its first-ever virtual summer conference. Hosted on the newly created digital NAPE Network, the event offers a safe gathering place for over 1,500 attendees in the oil and gas industry. Already off to a great start, buyers, sellers, and investors have until August 27 to enjoy signature NAPE features, including networking, job boards, presentations, and roundtable discussions featuring experts from around the world.