2016 A&D Strategies and Opportunities Conference and Workshop
Draws Near-Record Crowd
This September, 500+ BD Execs, A&D Pros and Industry Analysts converged in Dallas, for Oil and Gas Investor's 15th annual A&D Strategies and Opportunities Conference and Workshop. Executives spent two days networking, strategizing, making deals and hearing from some of the industry's top experts. Themed "Deal making in a challenging environment," the conference featured over a dozen c-suite executive speakers and industry leaders who know how to successfully navigate deals.
Preceding the event, attendees packed the ever-popular A&D—The Workshop and the Shark Tank. This uniquely interactive pre-conference workshop gave upstream business development newcomers, veterans and financial partners hands-on experience applying successful A&D tactics.
The conference and workshop may be over, but the conversation isn't. Find out what other attendees and speakers are saying about the event on Twitter using #ADConf. And be sure to save the date for the 16th annual A&D Strategies and Opportunities Conference and Workshop, September 6-7, 2017 in Dallas.
Vice Chairman Citigroup
John B. Walker
CEO EnerVest Ltd.
Managing Director Jefferies LLC
Managing Director and Head of US Business Scotiabank
CEO Titanium Exploration Partners
President Halcon Resources Corp.
Oilfield Automation: How E&Ps Stay Profitable At Stagnant Oil Prices AUSTIN, Texas—Not so long ago, oil producers complained that $100 per barrel (bbl) oil was the new $20 barrel—industry simply couldn’t make money at that price.
Roughly three years later, stability is defined this way: since June, crude prices haven’t dropped below $40/bbl or risen above $55/bbl.
Since the downturn, that price range what Regina Mayor, KPMG’s global and U.S. energy sector leader, called the “current optimism.”
“We have achieved relative stability with the crude price,” Mayor said at Hart Energy’s recent Executive Capital Conference. Whatever experts and E&Ps choose to call that price range—“lower for longer,” “lower forever” or the “new normal”—companies need to sustain the lessons they’ve learned during the downturn to survive.
EIA: Big Drawdown In US Crude Oil Inventories U.S. crude oil inventories fell sharply and stockpiles of gasoline and distillates jumped last week as refineries hiked production rates to the highest since November 2015, the Energy Information Administration (EIA) said April 26.Crude inventories fell 3.6 million barrels (MMbbl) in the week to April 21, compared with analyst expectations for a decrease of 1.7 MMbbl.That marks the third straight week of drawdowns in crude stocks, which will help reduce the glut of supply that has kept oil trading in a range between the high-$40s and mid-$50s/bbl.