COVID-19 represents a sea change for retail services that will alter the customer experience for years, perhaps decades to come. What at first appeared to be a temporary aberration is taking on a measure of permanence. Some have even resorted to reframing the popular aphorism as the new “abnormal.”
Key...
Commodity Price, Shale Oil Asset Value and Cancelation of Debt
Bryan Benoit and Tracy Hennesy and Calvin Nguyen - 0
Shale oil is tight oil from deposits that were unworkable just a few decades ago. Recent technology introduced new costs to the oil extraction process. Thus, shale oil costs more than conventional oil to extract and is a higher risk investment.
In comparison to conventional wells, shale oil production costs...
I recently had the opportunity of catching up with Tracee Bently, CEO of the Permian Strategic Partnership (PSP). If you will recall, Tracee was on the cover of the March/April issue of SHALE Magazine. (The issue is still available on our website.) In it, David Blackmon did an excellent...
Pennsylvania just enacted legislation that will leverage its natural gas advantage to stimulate the development of petrochemical and other businesses that use natural gas. That, itself, is a significant achievement that sets the Commonwealth apart from neighboring states such as Maryland and New York who have the same resources...
As part of its continuing series of industry-specific alerts issued in light of the pandemic, the United States Department of Labor’s Occupational Safety and Health Administration (OSHA) recently published new COVID-19 control and prevention guidance specific to the oil and gas industry. It should be noted that OSHA considers...
Jason Modglin Jumping Into Leadership at the Toughest Possible Time2020 has been a tough year for the oil and gas business. Most agree that it is the worst climate for the industry since at least the bust of the mid-1980s, and possibly the worst since the 1930s, once all...
For many, selecting the right career path can be a daunting task with happiness and self-contentment being difficult to obtain. Some are never fortunate enough to achieve this feat, and others seem to encounter this revelation when and where they least expect it. This would be the route Jenny...