OGFJ Blogs

Aaron Ball
Aaron Ball

A House Divided

03/28/2012
Is energy policy dividing the country in the same manner as the divergent commodities and manufacturing economies of the pre-Civil War United States? Now, more than ever, lines are being drawn around the fundamental concepts of how to (literally) f...

Lower gas prices reduce spending, slow production, and bring out problems in poorly constructed legal relationships

01/13/2012
Natural gas stocks are getting hammered. Gas prices down to just $2.77 per MMBtu and some analysts predict a fall to $2.50 per MMBtu is possible. Add to that the fact that the Marcellus is just about the only area in the country where break-even prices...

Looking to 2012: What are the major challenges occupying the minds of energy company senior executives in today's market?

12/21/2011
A number of challenges, such as changing geopolitical relationships, the emergence of new competitors, changes in supply and demand dynamics, social and environmental pressures, and demographic shifts, are transforming and reshaping the oil and gas ind...

Integrated Oil Performs Well, but what's next?

11/09/2011
While there is definitely a range on performance, profits remain near record levels for "Big Oil" and the larger independents are growing larger. In E&P, both cash on cash returns and production income are up. Current integrated oil financial expec...

A Foreigner'€™s Perspective on Labor in the Brazilian Oil & Gas Industry

09/28/2011
Due to the breakneck speed at which the pre-salt discoveries have fueled growth in Brazil, most companies, Brazilian and foreign alike, know it is difficult to procure all of the skilled labor required for operations.The lack of qualified employees owe...

Patent Reform Legislation Brings Host of Changes to US Patent Law

09/20/2011
The Leahy-Smith America Invents Act, signed by President Obama into law on September 16, 2011, is the culmination of patent reform efforts taking years. Making several significant and long-awaited changes to US patent law and a myriad of potentially...

OGFJ Blogs

OGFJ.com Most Read 2010

01/14/2011
Ah, January – the start of a new year and new beginnings. While I’m not one to make resolutions, I do like to reflect on the past year. For those of you who are regular print subscribers, you may be familiar with my Charities and Champions: year in...

Drilling moratorium may be more costly than oil spill

09/08/2010
Economic researchers in Louisiana and Texas have been busy calculating the damage to the states’ economies caused by the Obama administration’s moratorium on deepwater drilling. It turns out that the economic impact to businesses and workers in bot...

Howard Dean, Ed Gillespie agree: Energy policy needed

09/01/2010
According to the Ernst & Young Business Risk Report 2010, the country's uncertain energy policy is the No. 1 risk to the oil and gas industry. Actually, the move wasn't a monumental one as this risk ranked No. 2 in the same survey last year, topped onl...

Chesapeake due for 'Major' upgrade

02/26/2010
The face of the energy industry is changing. It is cyclical. It has happened before, and it will happen again. Certain independent exploration and production companies didn't survive the credit crisis. Those names are gone from the radar; that's one ch...

Exploration spending on the rise?

11/04/2009
The drop from a $100 oil environment and a $10 gas environment to a $50 or $60 oil environment and a $3 or $4 gas environment forced most E&P companies into a hibernation of sorts. Cash flows were cut in half, if not more, and companies hunkered down i...

Limits on commodities trading will challenge E&P companies looking to manage risk

10/08/2009
Both the Treasury Department and the CTFC believe greater oversight of financial trading activities is needed to prevent future market turmoil. Position limits on finite commodities pose challenges for companies managing energy commodity risk exposure....

OGFJ Blogs

Drilling moratorium may be more costly than oil spill

09/08/2010
Economic researchers in Louisiana and Texas have been busy calculating the damage to the states’ economies caused by the Obama administration’s moratorium on deepwater drilling. It turns out that the economic impact to businesses and workers in bot... More OGFJ Energy & Capital >

Will bearish gas market come back this year?

08/14/2009
The North American gas market is suffering from oversupply and waning demand that have combined to keep natural gas prices low. Yet, despite this, there are several indications that prices may rally, although there is no consensus on this.Crude oil pri... More OGFJ Energy & Capital >

Hydraulic fracturing legislation not needed

06/26/2009
A new report from the Colorado School of Mines’ Potential Gas Committee concludes that the United States is sitting atop natural gas reserves much larger than previously thought – more than 2,000 tcf, according to the committee, or nearly 100 years... More OGFJ Energy & Capital >

A bearish market for natural gas

04/25/2009
The head of Mercator Energy, a Rockies drilling company, recently predicted “massive drilling curtailments” this summer due to a continuing “glut” of natural gas supplies, which will soon include large volumes of LNG scheduled to arrive in the ... More OGFJ Energy & Capital >

Budget proposal is harmful

03/11/2009
The Independent Petroleum Association of America rarely gets this upset about a new government policy. However, on Feb. 26, the Obama administration delivered a body blow to the industry when it proposed a colossal $30 billion tax increase (as part of ... More OGFJ Energy & Capital >

How full is the energy glass?

02/11/2009
Amid all the gloom and doom reporting about the economy and financial markets in the news media, a friend sent me an energy market assessment by Michael Smolinski, an industry analyst with Phoenix-based Energy Directions Inc. and a well-respected contr... More OGFJ Energy & Capital >